Sage Payroll Funding By Credit Card

Sage Payroll Funding By Credit Card can be used as an effective financial tool by businesses looking to ensure timely salary disbursement. Ensure that you have sufficient funds on payday by using credit cards to overcome cash flow gaps. Sage Payroll users can integrate this funding option to manage payroll processes easily. Also, enjoy rewards on your payroll spending to offset overall costs.

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

Two Hand Holding Smartphones That Make Credit Card Transactions Effortlessly. It Represents Sage Payroll Funding By Credit Card

An Effective Solution for Payroll Processing

On time payroll processing can be achieved under any financial circumstance with the payroll by credit card feature from Zil Money. Businesses can meet payroll deadlines without hassle by using credit cards as a funding source. Make use of the float period to maintain cash reserves while covering payroll needs. Also, the fund transfer will be quick as both ACH and wire transfer options are available.

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.

Gain Financial Rewards and Cost Offsets

The biggest advantage of funding payroll with a credit card is that businesses can earn cash back and other rewards. This allows users to offset operational costs and reduce financial strain. Payroll expenses can be turned into financial gains through the cloud-based platform. Also lower tax liabilities by using credit cards for business expenses.

An Image That Shows the process of Credit Card Payment to Enhance Cash Flow and Earn Rewards With Sage Payroll Funding By Credit Card

Why Zil Money!

A technology-first approach to payments and finance

Easy to Access

High Security

Easy Payment

An Image That Shows the Sync Payroll Software Easily With Sage Payroll Funding By Credit Card

Sync Payroll Software Easily

Zil Money connects with the best payroll software to provide a user-friendly payment experience to businesses. You can sync payroll data and carry out funding from the payroll page with a few clicks. The platform also allows users to enter payroll data manually by entering details like gross pay and uploading payroll summary.

$50B+

In total transaction volume

22K+

Connected banks & financial institutions

20K+

Monthly business users

1M+

Total users, and growing

Pay Vendors by Credit Card

Pay rent, bills and vendors with a credit card through Zil Money to improve your cash flow and make accounts payable more flexible. Choose from multiple payee receipt options like ACH, wire and check mail. This way, you can use credit cards to pay someone even if they don’t accept cards. The platform also allows you to receive credit card payments easily.

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

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions(FAQ)

Can you pay payroll with a credit card?

Yes, businesses can pay their employees with a credit card with Zil Money. The cloud-based platform funds your payroll connected checking account and charges your card. This process allows for timely employee payments and better cash flow management.

How do credit cards reward work?

When using a credit card, businesses will be eligible for cash back and other rewards. These rewards are calculated as a percentage of the amount spent on eligible purchases. You can earn credit card rewards by funding your payroll by credit card through Zil Money.

How to pay your rent with credit cards?

Zil Money allows small businesses to pay rent with credit cards and simplify accounts payable. This payment solution is useful for improving cash flow and financial health of organizations.

Bi-Monthly vs Semi-Monthly Payroll

Bi-monthly and semi-monthly payroll is paid twice a month. You can fund your payroll with a credit card through Zil Money to ensure employees are paid on time.
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 +