Isolved Payroll Funding By Credit Card

Isolved Payroll Funding By Credit Card offers flexibility to small businesses facing cash flow issues. By using credit cards to fund payroll, users can eliminate the stress of insufficient funds. Pay employees on time while earning cash-back rewards and reducing your tax out-go. It’s a convenient way to handle payroll without relying on available cash.

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 a Woman Are Standing on the Ground with Money on Their Phones, Highlighting the Benefits of Accepting Online Payments, Including the Convenience to Isolved Payroll Funding By Credit Card

Transfer Funds Instantly with ACH or Wire

After you connect isolved payroll with Zil Money, you can select a checking account to deposit the funds and choose a credit card as your funding source. Easily transfer funds instantly using ACH or wire transfers, ensuring that you have sufficient cash flow to make employee payments without delay. You can also process payroll directly from the platform.

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 Credit Card Rewards

By paying isolved payroll by credit card, small businesses can improve their financial position by earning cash back rewards. Based on your credit card provider, you can also accumulate points or travel miles. Turn routine payments into a way to save or invest in your business with this payroll solution from Zil Money.

Two Persons Purchasing Gift Cards and Using Them for Online Transactions, Highlighting Isolved Payroll Funding by Credit Card

Why Zil Money!

A technology-first approach to payments and finance

Easy to Access

High Security

Easy Payment

A Group of Business People Discussing Isolved Payroll Funding by Credit Card

Connect with Multiple Payroll Software

In case small businesses are using more than one payroll software for convenience, Zil Money makes it easy to manage payments from different platforms. You can sync multiple payroll systems and fund all your payrolls using a single credit card source. You can also enter payroll details manually and process payments in a few clicks.

$50B+

In total transaction volume

22K+

Connected banks & financial institutions

20K+

Monthly business users

1M+

Total users, and growing

Pay Rent and Bills from Credit Card

Apart from payroll, users can also handle rent and bill payments through Zil Money. Make payments from credit cards even if the payee does not accept card payments. They receive funds as ACH, wire transfer or check mail. Earn cash back reward on every bill payment and simplify your expense management.

Illustration of Using a Phone for Payments with Isolved Payroll Funding By Credit Card

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

How to use a credit card to pay payroll?

Small businesses can use a credit card to pay payroll through Zil Money. The cloud-based platform syncs with your payroll software and allows you to transfer credit card funds into your business checking account in a few steps. Then you can proceed to pay your employees, ensuring timely payments.

How to pay someone with a credit card?

You can pay your rent, bills and vendors with a credit card even if the payee does not accept card payments. Zil Money allows you to process these payments by converting your credit card transaction into an ACH transfer, wire transfer, or check mail.

Are credit card payments tax deductible?

Yes, credit card payments that are classified as a business expense are tax-deductible. Users can reduce their tax burden by using credit cards to process payroll and pay vendors through Zil Money.

Isolved vs Paycom

Both isolved and Paycom are efficient payroll software offering different features. Isolved is ideal for streamlining payroll and HR tasks, whereas Paycom is suited for companies seeking a payroll solution that integrates all aspects of workforce management. You can fund both isolved and paycom payroll by credit card through Zil Money.
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 +