Melio

Melio is a (free), simple and secure digital accounts payable & receivable solution for small businesses in the US. Melio is helping small businesses get more control over their finances and improve cash-flow month after month. With Melio business owners can pay most of company’s bills for free using ACH bank transfers, or use a credit card for a minimal 2.9% tax-deductible fee.

Melio processes payments and delivers them to vendors, suppliers, and other business payment recipients on your behalf via mailed paper checks, or bank deposits. With one simple-to-use online dashboard that takes just minutes to set up, Melio allows small businesses to transfer and receive payments in a faster, easier, and more cash-flow savvy way.

Create and send trackable payment requests relating to specific invoices and monitor if they have been opened, scheduled, or paid. Paying with a credit card lets you defer payment until the next billing cycle, extend float, and even earn card rewards. These combined with the tax-deduction and free payment delivery usually off-set most, if not all, of the fee. Extending the float and take advantage of opportunities such as early payment discounts and give businesses a financial boost - like a small business loan that's already in the wallet.

Melio delivers payment to the recipient completely free, regardless if it’s bank transfer or a check without them needing to sign up for anything. This also includes requesting and receiving payments through Melio.me. Melio uses state-of-the-art cryptographic algorithms during data transmission (HTTPS with RSA 2048 bit key and SHA 256 certificate) and in databases (AES 256 encryption keys). Servers are kept in PCI and SOC 1, 2, and 3 certified data centers with 24x7 monitoring