Fund Multiplier Payroll By Credit Card

Fund Multiplier Payroll By Credit Card to pay your employees on time while earning cash back rewards. Enjoy better cash flow and lower your tax out-go with this payroll payment method. Connect Multiplier payroll with the cloud-based platform and import payroll details easily. Also customize and print payroll checks from the office or on the go.

Zil Money is a financial technology company, not a bank or an FDIC member. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.

  • Better Cash Flow!
  • Tax Breaks!
  • More Rewards!
  • Happy Employees!
  • Better Cash Flow!
  • Tax Breaks!
  • More Rewards!
  • Happy Employees!

Pay Your Vendor with Credit Card

No payee fees

Accept Payment by Credit Card

Easy, Affordable, No Card Reader Needed

Learn To Fund Payroll By Credit Card See The Interactive Demo

Using Credit Cards to Save Money on Business Expenses

 

Cash Back Rewards

  • Earn Cash Back: Credit cards like the Capital One Spark Card offer 2% unlimited cash back, while the American Express Plum Card offers 1.5% unlimited cash back.
  • Offset Fees: Using a credit card with cash back can partially offset the 2.95% process fee, reducing the effective cost.

Tax Benefits

  • Tax-Deductible Fees: The 2.95% process fee can be filed as a tax-deductible business expense, offering some financial relief.
  • Additional Tax Breaks: Depending on the jurisdiction and tax codes, you may be eligible for additional tax breaks for using credit cards for business expenses.

Cash Flow Management

  • Cash Float Period: Credit cards often provide a 30 to 45-day payment window, allowing businesses to manage their cash flow better.
  • Utilize Funds: During this period, the funds can be invested in short-term opportunities or other revenue-generating activities.

Detailed Example: Capital One Spark Card

  • Process Fee: 2.95%
  • Cash Back: 2%
  • Tax Break: 0.06%
  • Final Fee: 0.35%
  • Additional Benefit: 30-45 days of cash flow management and float revenue.

Floating Revenue from Bank

  • Float Revenue – Cash incentive Earnings: The funds in your bank account for 30 to 45 days could earn Cash incentive or be invested in short-term revenue-generating activities.
  • Capital Utilization: The cash float period allows you to strategically utilize your capital for other pressing needs or investment opportunities.
Man Using a Credit Card Payment App on His Mobile Phone to Pay Multiplier Payroll By Credit Card

Enhance Your Payroll Funding

Small businesses can manage payroll efficiently even when cash flow is tight with Zil Money. By using credit cards to fund payroll, you can access a flexible solution instead of using available funds. This method ensures timely payments, improves liquidity, and offers the opportunity to earn cash back or rewards. As credit card expenses are tax deductible, businesses can also reduce tax burden.

Our Features AP/AR

We offer a wide range of banking features to make your business transactions secure and flexible. Now you can pay and receive payments with our easy-to-use software and dive into the journey.

Check Printing

Create and print business checks at your office desk with a drag and drop design.

ACH

Pay or get paid one-time or recurring ACH/RTP with low transaction fees.

Integration

Integrate with the top third-party applications.

Pay Bill

Pay Bills Online, Schedule them, Manage suppliers, and reduce risk.

Pay By Credit Card

Now pay by credit card even if they don't accept them.

Wire Transfer

Transfer money electronically from one financial institution to other.

Deposit Slips

Instantly create & print the deposit slip of any Bank. Keep track & auto reconcile it.

Invoicing

Create invoice to your customer and send link through email.

Cloud Bank

Open an online bank account with no hidden charges.

Email Check

Send your checks as a one-time printable pdf with a tracking facility.

Payment Link

Create an HTML form or link to receive payments.

User/Approver

Give access to accountant or clients with a role based user and approval process.

Check Mailing

Check mailing without leaving your desk for $1.25. We print and mail it by USPS/FedEx.

Digital Checks

Digitize your paper checks and make your payments via email or text.

Bank Data

Connect & reconcile, Categorize from Any Financial Institution automatically.

API/White Label

Interactive developer-friendly API. Complete white label solution.

How the Payroll by Credit Card Feature Works

The user processes payroll payments through Zil Money, and the platform transfers the necessary funds to their business checking account. From there, the business can disburse payroll to employees seamlessly. This method allows businesses to use credit card funds to cover payroll, offering greater cash flow flexibility.

A Person Holding a Credit Card And A Smartphone Effortlessly Fund Multiplier Payroll By Credit Card to Improve Cash Flow

Why Zil Money!

A technology-first approach to payments and finance

Easy to Access

High Security

Easy Payment

A Man and a Woman Are Standing Next to a Mobile Phone with Money on It, Showcasing Multiplier Payroll By Credit Card

Transfer Funds Through Wire or ACH

Zil Money allows users to choose a business checking account to deposit funds and credit cards according to their convenience. You can add new accounts easily and transfer funds through wire or ACH payments efficiently. This way, users can ensure that payments are processed securely and on time. With Zil Money, you can handle all your transfers in one place.

$50B+

In total transaction volume

22K+

Connected banks & financial institutions

20K+

Monthly business users

1M+

Total users, and growing

Pay Rent by Credit Card

Small businesses can also pay rent with a credit card through the platform. You can make card payments to your landlord as ACH, wire or check mail. Also, print payroll checks and send them to payees via mail or email. The platform also supports other features like invoice generation, document mailing, bank reconciliation and so on.

Illustration of Using a Phone for Payments with Fund Multiplier Payroll By Credit Card

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

What payroll service allows you to pay with a credit card?

Zil Money is a payment platform that allows you to pay payroll with a credit card. Using the payroll by credit card feature, businesses can ensure that they have sufficient funds to pay employees on time.

Can you pay rent with credit card?

Yes, you can pay rent with credit card through Zil Money. Your landlord receives funds via wire, check mail or ACH even when it's funded directly from a credit card.

What is a payroll card?

A payroll card is a prepaid card used by employers to distribute employee payments. With Zil Money, you can fund payroll by credit card, offering a flexible solution that helps businesses manage cash flow efficiently.

Payroll vs Paycheck

Payroll means calculating and distributing employee salaries while paycheck is the physical or digital check that employees receive as payment. Zil Money simplifies payroll management with features like payroll by credit card and payroll check printing.
Zil Money - Cloud Based Platform
Fintech Software
RATING: 4.6 ( 10164 ratings )
Price: $49.99/Year

PRECIOUS REVIEWS FROM

OUR CUSTOMERS

 

Vendor Management: Easily handle bill payments, instant check printing and mailing, invoicing, positive pay, and access User/API features across various platforms.

User-Friendly Interface: Zil Money's interface is intuitive and easy to navigate, making it accessible for users of varying technical proficiency.

Ana

 

Ease of deployment and use. Normally, a switch like this is both time-consuming and confusing, but in this case, it was super easy.

Jennifer

 

The dashboard and the customer support are amazing! Never has a company been there like Zil Money and answered all my questions before letting me go. Thank you.

Stephanie

 

I love that I am able to process payments and do ACH transfers very easily.

Ardinay

 

Total Money Moved

9,520,030,217 +

Total People Paid

1,020,421 +

Total Businesses Satisfied

201,304 +