Business Payment Solutions

Paying vendors can be a challenge for small and medium businesses, especially when many don’t accept credit cards. This can limit cash flow flexibility and cause missed opportunities to earn rewards. Platforms like Zil Money’s Pay by Credit Card offer a solution that benefits both businesses and vendors. Here’s what makes it effective: How It Works Business pays using a credit card – No need to worry if vendors accept cards. Vendor receives payment via ACH, wire, or check – They continue with their preferred method. Business earns rewards and manages cash flow – Points, cashback, or miles can add up with every payment. Key Benefits Better Cash Flow Management: Extend payment timelines while maintaining financial control. Reward Programs: Earn points or cashback on everyday vendor payments. Vendor-Friendly: Vendors don’t need to change their payment preferences. Simplified Accounts Payable: Reduce administrative work by consolidating payments. By adopting Pay by Credit Card solu...

  Using credit card platforms can make vendor payments faster, easier, and more rewarding for SMBs —but mistakes can quickly turn benefits into problems. Here are six pitfalls to watch out for: 1. Treating All Vendors the Same Not every vendor accepts credit cards. Assuming all vendors do can lead to declined payments or delayed processing. Always confirm payment methods before scheduling transactions. 2. Ignoring Payment Limits Some credit card platforms have transaction limits. Overshooting these limits can cause failed payments or extra fees. Know your platform’s limits to avoid disruptions. 3. Neglecting Payment Timing ⏰ Credit cards offer flexibility, but late payments can result in penalties or lost rewards. Set reminders or automate recurring vendor payments to stay on track. 4. Forgetting About Fees 💳 Processing fees, foreign transaction charges, or convenience fees can reduce the value of using a credit card. Factor these into your budgeting to protect profits. 5. Not Le...

  Paying vendors with credit cards can bring significant benefits—better cash flow, rewards points, and simplified payment tracking. However, small and medium-sized businesses often make mistakes when using credit card platforms that can reduce these advantages or create financial headaches. Understanding these pitfalls is essential to optimize payments and protect business finances. 1. Ignoring Vendor Payment Policies Not all vendors accept credit card payments. Attempting to pay without confirming their policies can lead to declined transactions, late fees, or strained vendor relationships. Always verify the vendor’s accepted payment methods before initiating a credit card payment. 2. Overlooking Transaction Fees Some credit card platforms and payment processors charge fees for certain transactions. Businesses that fail to factor in these costs may end up spending more than anticipated. Always check for processing fees and consider them in budgeting decisions. 3. Mismanaging Cash...

Small and medium-sized businesses often face a common challenge: vendors that don’t accept credit cards. This can put pressure on cash flow, make accounts payable more complicated, and prevent businesses from earning valuable credit card rewards . Fortunately, fintech platforms have created solutions to address this issue. Platforms like Zil Money’s Pay by Credit Card allow businesses to pay vendors with a credit card while vendors still receive funds via ACH, wire, or check. This provides flexibility for both parties and streamlines the payment process. How It Works With Platforms like Zil Money’s Pay by Credit Card , businesses can: Fund payments using a credit card Let the platform securely process the transaction Ensure vendors receive payment in their preferred method This approach keeps cash in reserve, simplifies accounts payable, and maintains positive vendor relationships. Key Benefits for SMBs Better cash flow – Payments can be made without immediately draining working capi...

Paying vendors on time is critical for small and medium-sized businesses. But it’s not always easy—especially when vendors don’t accept credit cards. For many SMBs, this creates challenges like tight cash flow, missed credit card rewards , and complicated accounts payable. Modern vendor payment solutions from fintech providers are changing the way SMBs manage payments. Features like Pay by Credit Card allow businesses to pay with a credit card while vendors still receive funds via ACH, wire, or check. The Common Challenges Limited payment options – Vendors may only accept ACH, wire, or checks. Cash flow pressure – Immediate payments can strain working capital. Lost rewards – Credit card points or cashback opportunities are missed. How Pay by Credit Card Helps With fintech solutions like Zil Money, SMBs can: Pay vendors using a credit card, even if the vendor doesn’t accept it. Process transactions securely through the platform. Ensure vendors receive payments in their preferred me...

Small and medium-sized businesses often face one big hurdle: vendors that don’t accept credit cards. This can tighten cash flow and limit flexibility. Luckily, fintech platforms like Zil Money provide vendor payment solutions that let SMBs Pay by Credit Card , even when vendors don’t take them directly. Here are the top four benefits: 1. Stronger Cash Flow By paying with a credit card, SMBs can hold onto cash longer, extending their payment cycles and easing liquidity pressure. 2. Earn Rewards on Expenses From cashback to travel points, credit card rewards turn everyday vendor payments into perks that benefit the business. 3. Simplified Accounts Payable Managing payments through a fintech platform keeps everything in one place—less paperwork, fewer errors, and more control. 4. Keep Vendors Happy Vendors receive payments via ACH, wire, or check—whichever method they prefer—without changing their processes. Final Thought Modern fintech for SMB isn’t just about paying bills; it’s abou...

Managing vendor payments is one of the most important (and stressful) parts of running a business. For many small and medium-sized businesses (SMBs), the challenge comes when vendors don’t accept credit cards. This can limit payment flexibility, put pressure on cash flow, and cause businesses to miss out on valuable credit card rewards . But thanks to modern fintech for SMB , there’s now a way to bridge the gap. The Common Problem Vendors refuse credit cards → businesses lose out on rewards. Cash flow gets squeezed → immediate funds leave your account. Fewer options → payments are limited to ACH, wire, or checks. The Smart Solution: Pay by Credit Card Platforms like Zil Money offer alternative solutions that let SMBs pay vendors with a credit card—even if the vendor doesn’t accept them directly. Here’s how it works: The business pays using a credit card. The fintech platform processes the transaction. The vendor receives the payment in their preferred method (ACH, wire, or check)...