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

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• 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.

• What are the credit card transaction fees for payroll?

  Online Check Writer is very affordable and charges only 2.95% of the payroll transaction and a $0.20 if the processing method is ACH and $10 for Wire. The receiver doesn't need to pay any fees.

• What are the fees for using a credit card?

  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

• 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.

• 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.