Melio Payments

Melio Payments provides a comprehensive bill payment solution designed for businesses to pay vendors, suppliers, and manage other business-related bills. The platform allows users to send invoices and receive payments online through its accounts receivable services. It features a mobile app that facilitates sending and tracking payments on the go, enhancing convenience for users. Melio Payments integrates seamlessly with popular accounting software like QuickBooks, Xero, and Amazon Business, which helps in maintaining accurate financial records. The platform supports credit card payments with a 2.9% transaction fee, even for vendors who do not normally accept cards, and also offers international payment capabilities, enabling businesses to engage with global suppliers. Additionally, Melio Payments provides a secure payment link to streamline receivables management and utilizes an approval workflow to ensure controlled and shared responsibility in payment processes. The service includes an easy bill capture feature to automate the bill payment process, saving time for businesses. It also supports ACH bank transfers, allows for fast payments to expedite vendor payments, and offers a ‘pay over time’ option to facilitate financial flexibility.