Do users need to complete KYC to use virtual card features?
Only the business entity onboarding with Zil Money is required to complete KYC (Know Your Customer) and KYB (Know Your Business)during registration. End-users do not need to go through this process.
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Can funds be moved from one virtual card to another?
Currently, direct virtual card-to-card transfers are not supported. However, funds can be collected from multiple users and pooled into a central wallet, from which a virtual card can be issued.
Do I need a subscription to use credit card payroll services?
No, with Online Check Writer, you can use credit card payroll services at an affordable price without needing a subscription.
Can Zil Money support workflows where multiple users fund a central account?
Yes. Zil Money allows collecting payments from multiple users into a single business wallet. A virtual card can then be issued from this pooled balance for centralized spending.
Can I use my credit card for payroll and earn points?
Yes, Zil Money allows users to process payroll using a credit card, so you can earn rewards.
How to Get Virtual Cards?
Click Cloud Bank from main menu, Select bank account & click Manage My Cards. Click + Add Card. Select Virtual Card, Enter Card Label, Enter Spending Limit, Select Period & Click Next. Enter Address, City, State, Zip, Country & Click Submit.