What are the fees for using a credit card?

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• What are the fees for using a credit card for payroll?

  Credit card processing fee: 2.9% (may be lower for high-volume transactions) ACH: Free with subscription, max $10 without subscription Wire transfer: $12 or 0.1% without subscription, $10 with subscription

• What are the fees for credit card transactions?

  A 2.9% credit card processing fee applies. Additional fees vary by payment method: Same-day ACH: Max $40 per transaction Regular ACH: Max $10 per transaction Wire Transfer: $12 + 0.1% of the amount Virtual Card: $0.99 per transaction Mailed Check: ...

• What are the current fees for credit card transactions?

  The processing fee for credit card payments is 2.9%. Same-day ACH transactions have a maximum charge of $40, and wire transfers are $12 + 0.1%.

• Is it possible to run payroll using a credit card?

  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.

• 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.