Is documentation required when using a credit card?
Is documentation required when using a credit card?
Yes. A supporting document (like an invoice for vendor payments or a payroll summary for payroll funding) is required. This helps Zil Money’s risk monitoring team approve credit card transactions.
Yes. A supporting document (like an invoice for vendor payments or a payroll summary for payroll funding) is required. This helps Zil Money’s risk monitoring team approve credit card transactions.
Yes. Once the credit card feature is live, users can mail checks by charging their card. The check will be printed with the user’s business details and sent directly to the recipient.
Yes, payroll can be funded through a credit card. Funds are transferred to the user’s bank account, allowing their existing payroll provider (like Paychex) to deduct payroll amounts from that account.
Standard Credit Card Fee: 2.9% processing fee. Same-Day ACH: Up to $40 max or 0.1%. Wire Transfer: $12 + 0.1%. Check Mailing (USPS): First Class (No tracking): $1.25 First Class (With tracking): $7.50 Priority: $12 FedEx Overnight: $29