How SMBs Can Use Pay by Credit Card to Improve Vendor Payments
For many small and medium-sized businesses (SMBs), managing vendor payments is a constant challenge. Vendors often prefer ACH transfers, wire payments, or checks—and in many cases, they don’t accept credit cards at all. This creates two problems: businesses lose the ability to extend cash flow and miss out on valuable credit card rewards . That’s where fintech steps in. Platforms like Zil Money’s Pay by Credit Card feature give SMBs a flexible alternative. The idea is simple: pay vendors with your credit card, while they still receive funds through their preferred method—whether that’s ACH, wire transfer, or check. Why This Matters for Businesses Cash Flow Flexibility: Using a credit card gives businesses extra time before cash leaves their account, improving liquidity. Credit Card Rewards: Turn everyday vendor payments into points, miles, or cashback. Vendor-Friendly Payments: Vendors don’t need to change how they get paid—funds still arrive via ACH, wire, or check. Streamlined A...