Hourly Payroll Funding By Credit Card

Hourly Payroll Funding By Credit Card allows small businesses to gain better control over cash flow. Ensure that you have sufficient funds to cover employee payments with this payroll financing option from the cloud based platform. Process payroll normally and the platform will deposit funds into your business checking account ensuring easy access.

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

A Man Makes Credit Card Payment via Mobile Alongside a Calendar, Symbolizing Flexible Payment Solutions for Hourly Payroll Funding By Credit Card

Manage Payroll Financing Easily

Find the funds to make employee payments on time with the Payroll by Credit Card option. Businesses no longer have to deplete their cash reserves to ensure paydays run smoothly. As an alternative funding source, credit cards offer flexibility and allow companies to bridge cash flow gaps. Zil Money supports small businesses to handle payroll and other business payments efficiently.

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.

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.

Earn Rewards on Payroll Expenses

By funding Hourly Payroll with a credit card, businesses can offset payroll expenses by earning cashback. Credit card providers also offer reward points or travel miles, which can provide more value to users. The rewards from payroll transactions can be used to cover other expenses or boost savings. This way, payroll funding through credit cards becomes a strategic choice for businesses.

A Man Makes a Credit Card Payment Using A Smartphone. That Displays Completed Payment. Symbolizing Flexible Payment Solutions for Hourly Payroll Funding By Credit Card

Why Zil Money!

A technology-first approach to payments and finance

Easy to Access

High Security

Easy Payment

An Image That Shows A Hand-Holding Smartphone. Make Credit Card Payments Easily. Simplify Financial Management. Represents Hourly Payroll Funding By Credit Card

Simplify Financial Management

Zil Money is an all-in-one payment SaaS platform that supports small businesses to simplify every aspect of financial management. From payroll processing to bill payments, the platform organizes payment solutions, offering options like ACH, wire transfers, eChecks, and credit card payments. This approach allows businesses to manage cash flow, track expenses, and maintain accurate financial records.

$50B+

In total transaction volume

22K+

Connected banks & financial institutions

20K+

Monthly business users

1M+

Total users, and growing

Payroll Check Printing and Mailing

Print payroll checks from the office and mail them with a few clicks through Zil Money. If your employees prefer to get paid via checks, you can handle it without hassle at affordable costs. Create customized payroll checks and the platform handles secure printing and mailing. This solution simplifies payroll distribution, saving you time and reducing operational costs.

A Woman Engaged in Print Payroll Checks and Discussing Checks. Simplify Hourly Payroll Funding By Credit Card

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

Can you use a credit card for payroll?

You can use a credit card for payroll funding with the cloud-based platform. Small businesses can ensure that they have enough funds on payday by using the payroll by credit card feature from Zil Money.

How to use a credit card to pay rent?

Pay rent directly from a credit card to improve cash flow and earn credit card rewards. Zil Money allows users to process rent payments from credit cards and the payee receives it as ACH, check mail or wire.

How to pay with credit card?

Pay rent, bills or vendors with credit cards to overcome cash deficits with Zil Money. Businesses can now handle accounts payable with credit card and improve financial processes easily.

Payroll vs Accounts payable

Payroll focuses on employee compensation, while accounts payable manages debts owed to external entities. Users can easily manage both payroll and accounts payable through the cloud based platform.
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 +