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.
How Payroll by Credit Cards Works
Step 1:
Run payroll as usual.
Step 2:
Zil Money charges your business card.
Step 3:
Zil Money funds your payroll connected checking account.
Step 4:
You disperse payroll to your employees.
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.
Easy Payroll Funding
Small businesses can ensure they have sufficient funds to handle payroll to avoid cash flow issues. Payroll by Credit Card from Zil Money can be an important financial tool to improve payment processes. Use cash-in-hand for other expenses while paying employees with credit card funds. Simplify payroll management for improved financial stability.
Why Zil Money!
A technology-first approach to payments and finance
Easy to Access
High Security
Easy Payment
Enjoy Cash Back Returns
By funding payroll by credit cards, you can earn various credit card rewards depending on your credit card issuer. Make use of cash-back offers, points and other rewards while processing payroll. Businesses can also lower tax out-go as credit card expenses may be tax-deductible. This allows users to handle payroll operations while improving their financial position.
$50B+
In total transaction volume
22K+
Connected banks & financial institutions
20K+
Monthly business users
1M+
Total users, and growing
Pay Invoices and Bills from Credit Card
Zil Money allows you to make invoices and bill payments directly from a credit card. Even if the payee does not accept credit cards, you can choose how they receive payments – via ACH, wire or check mail. Send same-day ACH directly funded through credit card to settle urgent bills and make immediate payments to vendors. Ensure timely payments to keep business operations running smoothly.
FREQUENTLY ASKED QUESTIONS
How to use a credit card to pay payroll?
How to pay your rent with credit cards?
How to pay vendors by credit card?
Debit Card vs Credit Card
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