(4.5 / 5)1915+ Ratings

Melio Reviews

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Overall Rating

4.5
3 Reviews
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About Melio

Melio is a bill paying service that simplifies invoice payments and amplifies cash flow for businesses. You can pay any vendor, supplier, or contractor with a free ACH bank transfer or your card (2.9% fee). You can also accept payments online from your business customers and get paid directly to your bank account. Melio syncs with your accounting software and lets you track and manage all your payments from one dashboard.

Melio Pros & Cons

Meliopayments.com has several advantages and disadvantages that potential users should consider:

Pros:

  • Free software: No subscription or monthly fees.
  • Integration: Syncs with other accounting software.
  • Data extraction: Can pull data from invoices through website login.
  • No fees for certain transactions: ACH bank transfers and check payments are free of charge.
  • Multiple bill payments: Pay multiple bills in one go, schedule, set recurring payments.

Cons:

  • Manual data entry: All receipt details must be manually entered.
  • Limited features: The platform has very limited features.
  • Invoice uploads: Can only upload invoices for payments.
  • Limited international support: Only 85 countries are available for international payments.
  • Limited integrations: Other than Xero and QuickBooks, there are limited integrations.

Please note that these pros and cons are based on user reviews and experiences, and may not reflect the full capabilities or limitations of the platform. Always refer to the official website for the most accurate and up-to-date information.

Melio Coupon & Discount Codes

New! Pay over time: pay vendors and bills in monthly installments to maximize cash flow!

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First 2 checks each month are free. Enjoy this Melio Offer now!

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Melio Deal: Fast ACH bank transfer Save up to $30

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Melio Customer Reviews (3)

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Delit Brasseur
Delit Brasseur
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May 9, 2023
Yasmin Cardoso
Yasmin Cardoso
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May 9, 2023
Katie Winter
Katie Winter
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May 7, 2023

Melio Customer’s Q&A

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Melio Features and Benefits

Meliopayments.com offers a range of features designed to make business payments smoother and more accessible. Here are some key features:

  • Instant Payments: For a 1.5% fee, payments can be processed and delivered within minutes, making it ideal for urgent transactions.
  • Pay Over Time: This feature allows businesses to pay with net 30 terms or divide large amounts into up to 12 more manageable monthly installments.
  • Mobile App: The mobile app enables business-to-business (B2B) payments on the go, bill reminders, and payment status tracking.
  • Sync with Xero: Melio can sync with accounting software like Xero, making bookkeeping and taxes simpler.
  • Bill Management and Payment Tracking: This feature allows businesses to split, combine, and schedule recurring payments.
  • International Transactions: Melio supports international transactions, making it ideal for businesses dealing with foreign vendors.
  • Approval Workflows: This feature enables businesses to set each user’s role and permissions, providing more financial control.

These features aim to provide a seamless and customized workflow, more financial control, and better cash flow for small businesses. However, it's important to note that some services may incur fees, such as a 2.9% fee for credit card transactions and a $20 USD flat fee for international transactions.

Remember, the information provided here is based on the latest available data and may be subject to change. Please visit the official website for the most accurate and up-to-date information.

Melio Pricing

Meliopayments.com offers a flexible pricing structure to cater to different business needs. Here are the key details:

  • ACH Bank Transfer: This is a free service, allowing businesses to send and receive ACH bank transfers at no cost.
  • Check Mailing: The first two checks each month mailed through Melio are free. After that, there is a fee of $1.50 per check.
  • Card Payments: Businesses can pay by card for a fee of 2.9%. Special rates may be available for businesses with a high credit line.
  • Instant Transfer: For a 1% fee (up to $50), vendors can receive payment within minutes.
  • Fast ACH Bank Transfer: For a 1% fee (up to $30), vendors can be paid by the end of the day.
  • Fast Check: For a $20 fee, a check can be delivered to the vendor within 3 business days.
  • International Payments: For a flat fee of $20, businesses can make international payments in USD. A 2.9% fee applies when paying by card.

It's important to note that Melio does not charge any subscription fees. The platform is free to use when making ACH to ACH payments. Other payment methods may incur a small fee. Please visit the official website for the most accurate and up-to-date information.

Payment Method

Meliopayments.com provides several payment methods to cater to different business needs:

  • ACH Bank Transfer: Businesses can pay by ACH bank transfer.
  • Card Payments: Businesses can pay by card. There is a fee of 2.9% for card payments.
  • Check Mailing: Melio can send a check to the vendor.
  • Instant Transfer: Vendors can receive payment within minutes for a 1% fee.
  • Fast ACH Bank Transfer: Vendors can be paid by the end of the day for a 1% fee.
  • Fast Check: A check can be delivered to the vendor within 3 business days for a $20 fee.

These payment methods provide businesses with flexibility and control over their payment process. However, it's important to note that some services may incur fees. Please visit the official website for the most accurate and up-to-date information.

Melio FAQs

FAQ

Melio Alternatives

Here are the top 10 alternatives to meliopayments.com:

  1. BILL AP/AR
  2. Airbase
  3. Stampli
  4. Ramp
  5. SAP Concur
  6. Sage Intacct
  7. Amazon Pay for Business
  8. Corpay Cross-Border
  9. SumUp
  10. Crezco

These alternatives offer similar services and may have additional features or different pricing structures. Always refer to the official websites for the most accurate and up-to-date information.

FAQ

How To Open A Melio Account?

To open an account on meliopayments.com, follow these steps:

  1. Visit the official website.
  2. Click on the "Start now" button.
  3. Sign in with Intuit or enter an email and password.
  4. Follow the prompts to complete the account setup process.

Remember, it's possible to pay as a guest or sign up for a Melio account to use all the free payment features. Always refer to the official website for the most accurate and up-to-date information.

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