Zil Money launches ‘Payroll By Credit Card’ to enhance cash flow for small businesses

By Delisha Fernandes

Zil Money, a B2B financial management solutions provider, has launched Payroll By Credit Card  feature to helps businesses pay employees on time and overcome cashflow tightness, especially during paydays.

Payroll by Credit Card helps businesses overcome these challenges and manage their finances seamlessly. When paying with a credit card, the money is transferred directly to your company’s bank account or employer. The employer can use the fund to pay the employees’ payroll, ensuring employees’ financial satisfaction and efficient business operations.

Small and medium businesses in the US face tightened cash flow as interest rates rise and overall liquidity decreases. This has put SMEs in a tight spot, with many struggling to tide over payroll day’s cash flow issues without hurting employee morale.

Zil Money has designed the Payroll by Credit Card feature to be user-friendly. Users can link the company, credit card, and bank information to the app, which helps to handle payroll efficiently and seamlessly. Payroll by Credit Card shows how FinTech solves business challenges.

Payroll processing through this platform is easier as Zil Money has integrated with all leading payroll and accounting platforms, including Sage, Xero, QuickBooks, ADP, Zoho, Gusto, Zapier, and Bill.com. This helps businesses improve payment procedures by modernising financial management, making payments easier, and improving user experience. Users can also select payment options like RTP, payment links, international payments, wallet-to-wallet transfer, QR code payment, etc.