Handle GreytHR Payroll By Credit Card

Handle GreytHR Payroll By Credit Card for flexible employee payments. Improve cash flow management and use your financial resources in the best way possible. This solution from the cloud-based platform lets you earn cash-back rewards and reduce tax out-go. Transfer funds from your credit card to your business checking account, ensuring timely payroll processing without immediate cash availability concerns.

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.
A Man and Woman Standing Next to a Laptop with a Credit Card Payment, Ready to Pay GreytHR Payroll By Credit Card

Manual Payroll Setup

With Zil Money, you can easily create manual payroll for greytHR in just a few clicks. Start by clicking the “Start Now” button on the Connect New page, then enter your business name. Next, select the “+New” button to input the payroll details, upload the payroll summary, and finalize your payment by clicking on “Process Now.”

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.

Transaction Management

The cloud-based platform simplifies viewing your credit card transaction details and status. You can sort the payroll list based on the number of entries and customize the columns displayed in the table. Additionally, export the list to various formats like Excel, CSV, and PDF for straightforward record-keeping and reporting, allowing businesses to manage and review transactions efficiently.

A Man and Woman Stand Beside an Excel Sheet, Symbolizing GreytHR Payroll By Credit Card Payment Options

Why Zil Money!

A technology-first approach to payments and finance

Easy to Access

High Security

Easy Payment

Two People Working on Laptops, Ensuring Seamless Integration with Payroll Software Through Smart Phone GreytHR Payroll By Credit Card.

Payroll Software Integration

Zil Money integrates seamlessly with the best small business payroll software, enabling users to import payroll details effortlessly. You can create customized payroll checks and send them to your employees via email or mail, as well as process payments through ACH or wire transfers. This efficient feature from the check printing software ensures smooth data transfer and helps avoid errors.

$50B+

In total transaction volume

22K+

Connected banks & financial institutions

20K+

Monthly business users

1M+

Total users, and growing

Efficient Payment Solution

The payroll by credit card feature from Zil Money is an efficient solution that simplifies payroll management. You can process greytHR Payroll along with other payment methods, ensuring your employees receive their payments quickly. The platform also connects with the best payroll software so that you can sync payroll data with a few clicks.

A Man and Woman Are Working on a Laptop with Pay GreytHR Payroll By Credit Card Gears on It

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

Can you use a credit card for payroll?

Yes, you can use credit card for payroll processing with Zil Money. Run payroll from your payroll software and fund employee payments through your credit card. This way, you can have greater flexibility while managing cash flow.

How to pay someone with a credit card?

You can pay rent and bills with a credit card easily with the check printing software. Sign in to Zil Money, choose Credit Card from the Pay From section in the Home Page. Then, choose how you want to process the payment, whether through a wire, check mail or ACH.

What is the best payroll software?

There are many payroll software available for small businesses today. You can connect the best payroll software with Zil Money and process payroll by credit card to earn rewards and improve cash flow.

Credit Card vs Debit Card

With Credit cards, you can borrow money up to a limit that you have to pay back with an interest. Debit cards are directly connected to your bank account and you can spend only what you have in your account without borrowing. With Zil Money, you can process both credit and debit card payments easily.
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 +