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
Reduce Risk of Delays
Zil Money offers effective payment solutions like payroll by credit card to small businesses looking to enhance financial processes. The biggest advantage of this feature is that users can ensure timely employee payments. Having payroll funding flexibility will support the business to meet payroll deadlines consistently. Also, avoid penalties related to late payroll by using the cloud-based platform.
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.
Easy Access to Additional Funds
Small businesses that need additional funding to cover payroll can rely on Zil Money. The platform ensures an easy and efficient way to access funds through the payroll by credit card feature. Avoid depending on traditional financing options and cover payroll costs fully or partially with credit cards. You can now manage payroll expenses while awaiting customer payments.
Why Zil Money!
A technology-first approach to payments and finance
Easy to Access
High Security
Easy Payment
Benefit from Credit Card Rewards
The advantage of using credit cards to fund payroll is that businesses can utilize the cash back and reward points offered by their credit card provider. These rewards can reduce expenses and provide additional savings. As credit card expenses are tax deductible, you can also lower the tax out-go, further improving the financial health of your business.
$50B+
In total transaction volume
22K+
Connected banks & financial institutions
20K+
Monthly business users
1M+
Total users, and growing
Pay Bills from Credit Card
In addition to payroll funding, users can also pay bills directly from credit cards through Zil Money. Vendors and suppliers can be paid on time the way they want. Choose how the payee receives the funds – via ACH, wire or check mail for added convenience. This feature offers greater flexibility in managing business expenses.
FREQUENTLY ASKED QUESTIONS
What payroll service allows you to pay with a credit card?
How to pay bills with credit card?
Are credit card payments a business expense?
Cash 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