Zil Money Corporation Partners with Silicon Valley Bank for Payment Processing
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, Texas National Bank, and East-West Bank.
Zil Money Corporation, a global provider of innovative payment solutions, announced its partnership with Silicon Valley Bank, a leader in business banking, to offer a new and unique payment processing service. The service will allow customers to pay vendors, taxes, rent, and bill payments using their credit cards. By partnering with a leader in business banking, Zil Money has exemplified its strong focus on user-friendliness and smooth payment experiences for its customers.
“With this new partnership, we’re making it simpler and more convenient for our customers to take care of their payments. We’re looking forward to working with Silicon Valley Bank and providing our customers with the best possible service”, said Sabeer Nelliparamban, CEO of Zil Money Corporation. He added that more product enhancements would be announced soon.
Zil Money customers enjoy multiple payment options in a single and all-encompassing accounting platform. Customers easily handle Accounts Receivables, Accounts Payable, and Accounts Management through its easy-to-use platform without requiring technical know-how.
Silicon Valley Bank is a member of the FDIC and Federal Reserve System. It provides commercial banking services, expertise, and insights into technology, life sciences, healthcare, private equity, venture capital, and wine industries.
Zil Money is the leading provider of banking services for small businesses and large corporations. The company provides everything from expense cards to vendor management, emphasizing digital payments through its platform, with over 500 thousand customers already onboard since 2019 and processing over $27 billion in transactions.
The partnership with Silicon Valley Bank will allow businesses of all sizes to accept payments quickly and securely from their customers via credit card and save considerable time in sending or receiving payments. More than a million customers benefit from this new credit card processing partnership.