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Business Wallet for Vendor Payments: How It Works

Aug 12, 2026 | digital wallet

Quick answer: A business wallet is a single funded balance you load from a bank account, then use to pay vendors, contractors, and bills by ACH, wire, or credit card, instead of moving money between separate tools for each payment type. Zil Money’s digital...

Business Wallet for Vendor Payments: How It Works

A business wallet for vendor payments funds from your bank account, then pays by ACH, wire, or card from one balance. See how funding, security, and fees really work.

Zil Money, is a financial technology company, not a bank. Banking and money movement services are provided through partner financial institutions and licensed service providers. FDIC insurance coverage applies only to eligible deposit products and accounts, and is subject to applicable terms, conditions, limitations, and requirements. Additional information regarding partner institutions, products, and services is available in the applicable terms and agreements.