General
What is Zil Money?
Zil Money is an all-in-one B2B payment platform designed to help businesses manage payments, send and receive funds, and print checks—all from one platform. It offers a variety of payment options, including ACH, wire transfers, credit cards, and checks. Zil Money simplifies financial operations, automates invoicing, and provides businesses with the tools they need to manage payments securely and efficiently.
How many businesses use Zil Money?
Zil Money is trusted by 1M+ users across the U.S., from small startups to large enterprises. With over 87B+ in transaction volume and 16M+ checks processed, Zil Money has become a go-to platform for businesses looking to streamline their payment systems. Its versatility, low fees, and security make it popular across industries. It’s trusted by business owners and entrepreneurs for its ability to simplify payment processes and reduce costs associated with traditional banking.
Is Zil Money suitable for small businesses or large enterprises?
Yes, Zil Money is designed to serve both small businesses and large enterprises.
- Small businesses benefit from affordable pricing, easy setup, and essential payment features like check printing and ACH transfers.
- Large enterprises enjoy advanced features such as bulk payments, custom integrations, and API support for seamless system integration.
What makes Zil Money different from traditional banks?
Zil Money provides a faster, more flexible, and cost-effective alternative to traditional banks. Unlike traditional banks, Zil Money offers:
- No hidden fees or long processing times.
- A range of payment methods (ACH, wire transfers, credit card payments).
- The ability to print checks and automate invoicing.
Payments & Transfers
How can I send payments with Zil Money?
You can send payments via:
- ACH Transfers
- Wire Transfers
- Credit Cards
- Virtual Cards
- Check
- Check Mail
- RTP
Zil Money makes it easy for businesses to choose the most convenient payment method based on their needs.
Can I make payments to vendors or employees through Zil Money?
Yes, Zil Money enables businesses to pay vendors, suppliers, and employees easily via multiple payment methods.
- Pay via ACH, wire transfers, or credit cards
- Automate recurring payroll payments
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How do I receive payments through Zil Money?
Zil Money allows you to receive payments via:
- ACH Debit
- Check
- Credit Card Payments
- Payment Links
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This flexibility allows you to receive payments in whichever method is most convenient for your clients or customers.
What payment methods can I accept with Zil Money?
Zil Money lets businesses accept payments through:
- ACH Debit
- Check
- Credit Cards
- Payment Links
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You can offer your clients various ways to pay, ensuring flexibility and efficiency in managing payments.
How do ACH payments work with Zil Money?
Zil Money allows businesses to send and receive ACH payments securely and cost-effectively. ACH transfers are typically processed within a few business days, making them ideal for regular or recurring payments.
How do I set up ACH transfers for my business?
Setting up ACH transfers is simple.
- Link your business bank account to Zil Money.
- Start sending payments or receiving funds with just a few clicks, directly from your Zil Money account.
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How can I send domestic and international wire transfers using Zil Money?
To send wire transfers, you simply select the wire transfer option, enter the recipient’s details, and Zil Money handles the transaction.
- Domestic wire: $12.00 (from wallet)
- International wire: $25.00 (from wallet)
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If sent from your bank account, the fees are higher.
Are wire transfers instant?
Domestic wire transfers are typically processed on the same business day, while international wire transfers generally take 1-3 business days due to varying regulations and time zones.
Check Services
How can I print checks with Zil Money?
Zil Money allows you to print checks instantly from the platform. You can customize your checks with your company’s logo, text, and other details to fit your branding needs. It’s a simple, quick process that eliminates the need for third-party printing services.
Can I customize the checks with my company logo?
Yes, you can fully customize your checks. This includes adding your company logo, choosing fonts, and incorporating other personalized elements like signatures and watermarks for added security.
Does Zil Money mail the checks for me?
Yes, Zil Money will print and mail checks to recipients on your behalf. You can choose from different delivery options, including USPS First Class or FedEx Overnight, depending on how urgently you need the check delivered.
How long does it take to mail a check?
Mailing time depends on the method you choose:
- USPS First Class: 1-5 business days
- FedEx Overnight: 1 business day
- First Class with Tracking: 1-5 business days (includes tracking)
- Priority: 1-3 business day
- Express: 2 business days
What are eChecks and how do I use them with Zil Money?
eChecks are digital checks that can be sent and received electronically, offering a faster and paperless alternative to traditional checks. You can use Zil Money to generate and send eChecks to vendors or clients securely, simplifying payment processes.
How do I create check drafts using Zil Money?
Creating check drafts is easy. Simply log into your Zil Money account, enter the recipient’s information, payment amount, and any other necessary details, then submit. Zil Money processes the draft and sends it to the recipient on your behalf.
Pay by Credit Card
Can I pay my rent with a credit card using Zil Money?
Yes, you can pay your rent using a credit card through Zil Money. This allows you to manage cash flow more effectively and earn rewards or benefits from your credit card issuer. The platform makes it easy to process rent payments, and you can do it without worrying about traditional bank payment methods.
Are there any additional fees for paying rent with a credit card?
A 2.9% processing fee applies to all credit card payments, including rent. This fee is applied because of the cost of processing credit card transactions. While this fee is applicable to all credit card payments, it offers businesses the flexibility to pay on time while managing their cash flow and potentially earning rewards on their credit card.
How can I pay vendors with a credit card through Zil Money?
To pay vendors using a credit card, you simply select the credit card payment option during the payment process. Enter the vendor’s details and payment amount, and Zil Money will securely process the transaction. This option gives you flexibility in managing payments while providing the convenience of credit card benefits.
Are there any limits or restrictions on vendor payments via credit card?
There are no specific limits or restrictions on vendor payments via credit card. However, the 2.9% processing fee will apply to all credit card transactions. Make sure your credit card has enough available credit to cover the payment, as transactions are processed immediately, and payment amounts depend on your available balance.
How can I pay my employees' payroll using a credit card?
Zil Money allows you to set up payroll payments using a credit card. To do this, simply choose the credit card payment option when setting up your payroll. This gives you flexibility in managing payroll without draining your business’s cash reserves, and payments are processed securely.
Is there an additional fee for paying payroll via credit card?
Yes, paying payroll via credit card incurs a 2.9% processing fee. This fee is applied to credit card transactions to cover the cost of processing payments. While the fee is applied to all credit card payments, it provides businesses with flexibility and the opportunity to earn credit card rewards while ensuring that employees are paid on time.
Can I automate payroll payments with my credit card?
Yes, Zil Money allows you to automate payroll payments using your credit card. Once set up, payroll payments will be processed automatically on the designated date, ensuring that employees are paid on time every time. You can set up recurring payments, reducing the need for manual intervention.
Invoicing & Automation
How does invoice automation work with Zil Money?
Zil Money’s invoice automation feature lets you create and send invoices automatically to clients. You can set up recurring invoices for regular customers, making billing seamless and reducing manual work. The system automatically generates the invoice based on your settings and sends it to the client on your behalf. You can track and manage all invoices directly from the Zil Money dashboard, simplifying payment collection.
Can I automatically send invoices to clients?
Yes, you can set up automated invoicing with Zil Money. You just need to define the frequency (e.g., monthly, quarterly), and Zil Money will automatically generate and send invoices to your clients on time. This ensures that no invoice is missed and your clients always receive bills on a regular schedule. Automation reduces administrative tasks, so you can focus on growing your business.
How can I send payment links to clients using Zil Money?
Zil Money allows businesses to generate payment links that can be sent directly to clients via email, text, or other messaging platforms. Clients can click on the link to securely make payments using their preferred method, including credit card or ACH. Payment links are ideal for one-time or recurring payments, making it easier for businesses to collect funds and track payments in real time.
Is there a limit to the number of payment links I can send?
No, Zil Money does not impose any limits on the number of payment links you can send. You can create and send as many links as needed to your clients, whether for individual payments or multiple clients at once. This flexibility allows businesses to collect payments from a wide range of clients or customers without restrictions, improving cash flow management.
Business Tools
How do I send mass or bulk payments using Zil Money?
Zil Money offers an easy-to-use bulk payment feature that allows businesses to send payments to multiple recipients at once. You can upload a file containing recipient information and payment amounts, and Zil Money will process all payments automatically. This is particularly useful for businesses that need to pay vendors, contractors, or employees in large quantities, saving time and reducing manual errors.
Can I manage mass payments through integration with my accounting software?
Yes, Zil Money integrates with popular accounting software such as QuickBooks, allowing you to manage mass payments directly from your accounting system. This integration streamlines your payment processes, ensuring that all transactions are accurately recorded and synced with your financial data. It eliminates the need for double entry, saving time and improving financial accuracy.
How can I manage business expenses using Zil Money?
Zil Money provides tools to track and manage your business expenses. You can categorize expenses, track payments, and generate reports to see where your money is going. Zil Money helps businesses maintain financial clarity and control over spending, making it easier to manage budgets and stay on top of company finances. Detailed reports also help during tax season or when assessing financial health.
Does Zil Money provide detailed reports for business expenses?
Yes, Zil Money generates detailed reports on all business transactions, including expenses. These reports categorize spending by payment method and allow you to track costs over time. Whether you need to analyze expenses for tax purposes, create financial statements, or monitor cash flow, Zil Money’s reporting tools help you stay organized and gain insights into your business’s financial performance.
Integrations
What software can Zil Money integrate with?
Zil Money integrates seamlessly with popular accounting software such as QuickBooks and Xero. It also connects with payroll software and e-commerce platforms. This allows you to manage your payments, invoices, and expenses from within your existing software, ensuring that your financial records are up-to-date and accurately reflect all transactions.
Can I connect Zil Money to my accounting software?
Yes, Zil Money integrates with accounting software like QuickBooks and Xero, enabling you to sync payment data and automate accounting tasks. This integration eliminates manual data entry, ensuring that your financial records are always accurate and up to date. You can automatically import transactions, saving time and reducing the risk of errors in your accounting system.
How do I set up integrations with my current systems?
Setting up integrations with Zil Money is simple. You can follow the step-by-step instructions provided on the platform to link your accounting software, payroll systems, or other business tools. If you need assistance, Zil Money’s support team is available to help with the integration process, ensuring a smooth connection with your current systems.
Does Zil Money integrate with any payroll software?
Yes, Zil Money integrates with popular payroll systems like Gusto. This allows businesses to process payroll payments alongside other financial transactions, all from a single platform. By integrating payroll, businesses can automate employee payments, manage tax withholdings, and ensure that all payroll-related tasks are handled efficiently within the same workflow.
Is there an API for custom integrations?
Yes, Zil Money provides an API for custom integrations, allowing businesses to connect the platform with their internal systems or third-party applications. Whether you need to automate payments, integrate with inventory management systems, or streamline other processes, Zil Money’s API offers the flexibility to customize the platform to fit your specific needs.
Security & Compliance
How does Zil Money keep my data secure?
Zil Money uses bank-grade encryption and secure authentication methods to protect your financial and personal data. All transactions are processed through secure channels, ensuring that your sensitive information is kept safe. Zil Money also uses two-factor authentication to add an extra layer of protection to your account, safeguarding it from unauthorized access.
Is Zil Money compliant with regulatory standards?
Yes, Zil Money complies with industry-specific compliance standards. These regulations ensure that your data is handled securely and in accordance with privacy laws. Zil Money is committed to meeting the highest standards of security and compliance to protect your business and your customers.
How does Zil Money protect me from fraud?
Zil Money uses real-time monitoring and fraud detection systems to identify and prevent suspicious activities. It also employs encryption and multi-factor authentication to safeguard your account and transactions. If any unusual activity is detected, you are immediately notified, and Zil Money works with you to resolve any issues and protect your funds.
What should I do if I suspect fraudulent activity on my Zil Money account?
If you suspect fraud, contact Zil Money’s support team immediately. They will work with you to investigate the issue and secure your account. Zil Money’s fraud detection system will flag suspicious transactions, and your account will be locked until the issue is resolved. Your security is a top priority, and Zil Money takes immediate action to protect your funds.
How can I securely share access to my Zil Money account with team members?
Zil Money allows you to invite team members to your account with specific roles and permissions. This way, you can control who has access to sensitive information, ensuring that only authorized users can view or edit certain financial details. You can manage permissions directly through your Zil Money dashboard.
How can I control user permissions within my Zil Money account?
Zil Money gives you full control over user permissions. You can assign roles to team members, restricting access to sensitive data based on their role. This ensures that only authorized users can perform specific actions, keeping your account secure while allowing your team to access what they need.