Pay SAP Payroll By Credit Card

Pay SAP Payroll By Credit Card to overcome cash flow gaps and ensure that the payday goes on without any interruptions. This feature allows businesses to fund payroll even when cash reserves are low. Use credit cards as a source of funds to ensure timely salary disbursement while earning rewards and lowering your tax out-go.

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 Person Holding a Credit Card And A Smartphone. Effortlessly Pay SAP Payroll By Credit Card to Improve Cash Flow

Optimize Payroll Funding

For small businesses, handling payroll operations efficiently is easy with Zil Money. The payroll by credit card feature allows users to fund payroll for any HR software without affecting cash reserves. You can add and choose from multiple business checking accounts and credit cards to make payroll funding more easier. Use ACH or wire to ensure funds are available when needed.

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.

Create Manual Payroll with a Few Clicks

Zil Money has a user-friendly interface that allows you to connect your preferred payroll app or enter payroll details manually. Enter details like gross pay and upload your payroll summary to get access to funds quickly. This feature is ideal for small businesses that need flexible options, making payroll management seamless and efficient.

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

Why Zil Money!

A technology-first approach to payments and finance

Easy to Access

High Security

Easy Payment

Man Using a Credit Card Payment App on His Mobile Phone to Pay SAP Payroll By Credit Card

Reconcile Payroll Transactions Easily

Users can access all transaction details easily and export the list as PDF, CSV or Excel. This makes monitoring payroll expenses and keeping records effortless. Businesses can handle the reconciliation process and end-of-month audits with the cloud-based platform. The features included in the Payroll by Card panel helps in better organization of payroll processes.

$50B+

In total transaction volume

22K+

Connected banks & financial institutions

20K+

Monthly business users

1M+

Total users, and growing

Pay Vendors and Suppliers by Credit Card

Small businesses can also pay vendors and suppliers directly from a credit card through Zil Money. The payees do not have to pay any merchant fee as they receive funds as ACH, wire or check mail. Earn cash back rewards each time you pay a bill or invoice, giving you a cost-effective way to manage expenses.

A Person Holding A Smartphone for Make Credit Card Payment Effortlessly Pay SAP Payroll By Credit Card to Improve Cash Flow

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

Can you pay payroll with a credit card?

Yes, small businesses looking to improve cash flow can pay payroll with a credit card and earn cash back rewards, Zil Money simplifies payroll funding by allowing businesses to use their credit cards to ensure employees are paid on time.

Can I pay my rent with a credit card?

Yes, businesses can handle rent payments with a credit card through Zil Money. Process payments directly from credit card and choose whether the payee receives it as ACH, wire, or check mail.

What is a payroll card?

Payroll card is a prepaid debit card used by employers to pay employees. With Zil Money, business owners can use a credit card to handle salary distribution and earn cash back rewards.

Secured vs Unsecured Credit Card

Secured credit cards need a cash security deposit as collateral, while unsecured cards do not. Zil Money allows users to fund payroll using credit cards, offering businesses the flexibility to choose the best option for their financial needs.
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 +