Hourly Payroll Funding By Credit Card
Hourly Payroll Funding By Credit Card – Revolutionize your payroll process with the power of credit card funding.
Fund your payroll instantly using your credit card, keeping your business running smoothly without the wait.
Say goodbye to payroll delays and hello to fast, flexible, and rewarding payroll management.
Zil Money is a financial technology company, not a bank. Zil Money offers banking services through partnership with FDIC member banks Texas National Bank. Customers are not directly insured by the FDIC - but through the pass-through coverage of our partner banks and is conditional on proper titling, record-keeping, and custodial arrangements.
Zero-Cost Banking, Limitless Transactions – Built for Businesses Like Yours!
1M+
online business
accounts
91B+
transaction
value
16M+
checks
processed
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 2.90% process fee, reducing the effective cost.
Tax Benefits
Tax-Deductible Fees: The 2.90% 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.
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.
Detailed Example: Capital One Spark Card
- Process Fee: 2.90%
- Cash Back: 2%
- Tax Break: 0.06%
- Final Fee: 0.35%
- Additional Benefit: 30-45 days of cash flow management and float revenue.
Transfer Funds from Your Credit Card in Minutes
With Zil Money, businesses can easily transfer funds from their credit card to their business checking account via ACH, wire, or RTP. This allows for instant payroll funding, ensuring you meet your team’s needs without waiting for bank transfers to clear.
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Earn Rewards with Every Payroll Payment
Paying payroll with your credit card isn’t just convenient—it’s rewarding! Earn cash back and other valuable rewards with each transaction, turning your regular payroll expense into a benefit for your business.
Eliminate Cash Flow Worries
Never stress over cash flow gaps again. Using your credit card to fund payroll allows you to make timely payments even when cash is tight, keeping your operations smooth and your employees happy.
Why Zil Money!
A technology-first approach
to payments and finance
Easy to Access
High Security
Easy Payment
Flexible Payment Methods for Your Payroll
After transferring funds, Zil Money makes it easy to distribute payroll. You can pay employees via ACH, virtual card, check, or whatever method best suits your business—all on one platform, with no extra steps.
Frequently asked questions
Every Customer Review
is a Story of Trust
Cory Edwards
Owner Edwards Holdings Realty
The most helpful part is that Zil money can be used by everyone. It's very easy to navigate. THE USER INTERFACE is very easy to learn. It solves the problem of having various accounting software separately and unable to integrate. It allows all organization seamlessly.