Managing payroll payments is very important for any business. You may fund Justworks payroll by credit card with Zil Money when your cash flow is short for improved financial management. Businesses using this payroll software can ensure a healthy cash flow utilizing payroll by credit card feature. In this blog, let us see how the payroll by credit card feature helps small footwear stores pay their employees.
One or two functional footwear was enough for the previous generations to survive. However, now, most people have a variety of footwear collections for each occasion. As the demand for footwear in different sizes, shapes, and styles increases, the number of footwear stores is rising in the U.S. To manage a footwear store smoothly and to drive customers, your employees play a crucial role. They are the face of your store, as they can create a positive shopping atmosphere for your customers. Therefore, paying them on time is very important to keep them happy and satisfied.
However, you may sometimes experience fluctuations in your revenue due to low sales. In this situation, there might be a delay in employee payments due to a shortage in cash flow. So, how to pay your employees in these situations without delays? Simple! Utilize Zil Money’s payroll by credit card feature to fund your payroll easily. This can be a great option when your cash flow is low.
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Easily Fund Your Payroll Using Credit Cards
Credit cards usually come with interchange fees, which can be a loss for the receiver. Therefore, most employees do not prefer payments via a credit card. However, credit cards can be the best option for payers when they are short on cash. This is because they can make payments on time as well as earn rewards.
With Zil Money, businesses can utilize the payroll by credit card feature to pay their employees efficiently. Your payroll will be managed by your payroll software. The platform will help you fund your bank account connected to your payroll software with credit cards. You may fund your payroll using these steps:
- Click the Payroll by card option on the side panel of the UI.
- Then, you will see a badge indicating the payroll section. You may click the Start button to start the process.
- Choose your preferred payroll application, or you may create a manual payroll.
- Once you select your payroll application, enter the business name and click Confirm. You will be redirected to the home page.
- Click on New to add new payroll and enter payroll details like gross pay and payroll check date. Then, upload the payroll summary.
- Select your payroll-verified bank account, select the credit card, choose payment method, and click Process Now.
- A confirmation page will appear, and you may process it. You can add your signature and then click Verify to confirm the authorization for credit card us.
Why Consider Payroll by Credit Card for Your Small Footwear Store
- To manage cash flow efficiently: When you own a small footwear store, you may face fluctuations in revenue. If sales of footwear are low and your payroll is due, utilizing a credit card can help you fund your payroll.
- Offers Incentives: As many credit cards offer rewards, cashback, and points, utilizing them can benefit your footwear stores. When you receive these rewards, you can use them for your business operations.
- To deal with unexpected expenses: When your footwear store faces an emergency expense, and your cash flow is low, credit cards can be a savior.
Import Data by Easy Integration
You can easily integrate Zil Money with your payroll or accounting software. With this, your payroll distribution process can be made easier. By integrating the payroll software, you can easily import payroll data to the platform. This can help you eliminate the hassle of manually entering data and the mistakes associated with it. Once you import data, you may proceed with the payroll distribution process. The platform facilitates efficient payment of employees via multiple payment options like credit cards, ACH, wire transfers, and checks.
Multiple Payment Options to Pay Your Employees
Zil Money offers multiple payment options to pay your employees efficiently.
- Pay as ACH: With the cloud-based platform, you can easily pay your employees via ACH transfers. The platform is an official member of NACHA, the institution regulating ACH transfers. Therefore, businesses can feel stress-free on the safety and security of transactions. You may process one-time or recurring ACH payments with the platform. For urgent transactions, utilize the same-day ACH feature of the platform.
- Pay as Checks: In this digital age, some employees might still prefer checks. With the cloud-based platform, you can easily send check payments via mail or email to your employees. You can easily mail checks via USPS or FedEx using the platform. Otherwise, you may send the digital alternative of checks, that is, eCheck, via email or SMS. Your employees will receive it as a one-time printable PDF, which can be printed and used like a regular check.
- Pay as Wire Transfer: If your footwear store has many branches even outside the country, the best option to pay will be via wire transfer. For employees overseas, wire transfer can be a quick and efficient method. The platform provides international and domestic wire transfers.
The Conclusion
Businesses like footwear stores can easily fund Justworks payroll by credit card using Zil Money. This can be very helpful when you are short in cash flow or when you need rewards from credit cards. You may easily integrate your payroll software and import payroll data into the platform for efficient payroll payment process. The platform also offers you multiple payment options for employee payments.