Payroll By Credit Card

  • Timely Payroll: Fund payroll with a credit card to ensure employees are paid on time.
  • Earn Rewards: Claim cashback and rewards on payroll funding transactions.
  • Tax Benefits: Write off credit card fees as a business expense to reduce your tax liability.
  • Flexible Funding: Fund payroll in full or partially.
  • Peace of Mind: Never worry about missing payroll deadlines again.
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Zil Money is a financial technology company, not a bank. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.

From Payroll to Trade Finance – One Platform, All Payments

$87B+

transaction volume

1M+

online business accounts

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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.

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

  1. Process Fee: 2.95%
  2. Cash Back: 2%
  3. Tax Break: 0.06%
  4. Final Fee: 0.35%
  5. Additional Benefit: 30-45 days of cash flow management and float revenue.
Save Money Using Credit Card
Optimize Payroll Operations Using Credit Cards

Optimize Payroll Operations Using Credit Cards

Make payroll management easier by using credit cards to pay employees, even during cash flow challenges. Earn reward points while ensuring timely payments and keeping your business operations running smoothly.

Optimize Payroll Operations
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Effortless Integration with Top-Tier Payroll Software

Quickly connect the platform with payroll software. The credit card feature ensures employees are paid on time, even during cash flow shortages, while simplifying the payroll process.

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Effortless Integration with Top-Tier Payroll Software

Features at Your Fingertips

From accounts payable and receivable functionalities to comprehensive online payment and beneficial integrations, Zil Money can meet the payment management requirements of all types of businesses.

Check Printing

Check Printing

Drag and drop to instantly create checks & print using any printer.

Pay By Credit Card

Pay By Credit Card

Use credit cards even when your vendors don't accept them.

ACH Payment

ACH Payment

Make one-time or recurring ACH/RTP payments in one click.

Wire Transfers

Wire Transfers

Send money electronically from one financial institution to another.

Bill Pay

Bill Pay

Pay & schedule bills online, managing supplier payments & reducing risk.

Digital Checks

Digital Checks

Digitize your paper checks and make your payments via email or text.

Software Integration

Software Integrations

Integrate Zil Money with your accounting and payroll software.

Zil.us

Cloud Bank

Open an online checking account with Zil Money. Streamline payment management & save.

Payment Link

Payment Link

Create and send a secure URL for customers to make online payments easily.

Streamline Payroll Management

Streamline Payroll Management

Pay employees on time with ease, thanks to the credit card option. The platform integrates with popular payroll software like QuickBooks and Gusto, simplifying payroll tasks and improving cash flow.

Pay Payroll with Credit Card

Trusted By The Leading Brands Around The World

AOK Leadership
Subway
American Red Cross
ST Johns School
Argonne National Laboratory

Revolutionizing Payroll Processing

Handle payroll during cash flow gaps with the credit card feature. This approach ensures timely payments while allowing you to accumulate reward points.

Pay Your Payroll Easily
Revolutionizing Payroll Processing

FREQUENTLY ASKED QUESTIONS

What is the use of payroll by credit card?

Payroll By Credit Card provides you with an efficient way to pay employees on time, even when you have a cash flow issue. ZilMoney.com's Payroll by credit card feature transfers the money directly to the company's bank account or employer. The employer can use the fund to pay the employees' salaries without delay.

What are the benefits of using credit cards for processing payroll?

Using credit cards for processing payroll can offer benefits such as convenience, speed, global accessibility, and rewards for employers. ZilMoney.com's payroll by credit card feature lets employees enjoy faster payroll payments, security, and convenience. The payee will receive the fund as a wire transfer without merchant fees.

Can I pay employees' payroll with a credit card?

Yes. You can pay your employees seamlessly using payroll by credit card feature provided by ZilMoney.com. The employer can send the employee's payroll through wire transfer, ACH and virtual card.

How much are the transaction fees for payroll by credit card?

ZilMoney.com is the most affordable payment platform, charging just 2.95% of the total payroll for credit card transactions. The receiver does not have to pay any transaction fees.

How long will it take to process the payroll through a credit card?

ZilMoney.com lets you pay your employees quickly and efficiently. With the platform, Businesses can pay their employees easily via ACH, wire, virtual card, and more at an affordable cost.

Which types of cards are accepted to pay payroll using a credit card?

ZilMoney.com accepts all types of credit cards, including Amex cards.

Payroll vs Paycheck

"Payroll" involves the entire process of managing employee compensation, including tasks like calculating wages, deducting taxes, and ensuring legal compliance. On the other hand, a "paycheck" is a document given to an employee that breaks down their earnings and deductions for a specific pay period. With ZilMoney.com, users can pay their employees' salaries on time, even when having cash flow issues.
Zil Money - Cloud Based Platform
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RATING: 4.6 ( 10164 ratings )
Price: $49.99/Year

PRECIOUS REVIEWS FROM

OUR CUSTOMERS

During a brief shortage waiting for clients to pay me, Zil Money let me put my payroll on my credit card. It provided a bridge so my business did not suffer. It was super easy to set up and use.

Greg Forrest

Owner of Spherion Staffing & Recruiting

Best partner of your life! Zil Money is my new bestfriend!

Sharmaine Buen Maloloy-on

Sales Account Manager at Bigleap Technologies Inc

Looking for better options for your business? Zil Money accompanies you.

Sergio Alvarado Garcia

Community Manager at
Rebeca Nails Art

I enjoy using Zil Money for 3 key reasons. Record keeping, as it keeps a database of the checks each unique user has loaded. Being able to navigate and cut checks from different bank accounts. Pulling up the 1099s at the end of the year for vendors and ensuring all of the checks we cut to them can be easily accessed and a number is given.

Alonso Noriega

Accounting Manager at LT Property Management LLC