Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Melio PayOff

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How to pay?

Melio accepts payments both online.

Steps for making a payment

After creating an account with Melio, you can make payments in the following steps.

  1. Add a payment invoice or bill to your account by uploading or scanning the invoice. 

  2. Select your preferred mode of payment from bank transfers, credit and debit cards. Bank transfers are free, while a 2.9% interest is levied on credit and debit card payments. 

  3. Select the recipient's preferred mode of receiving the money. Melio will process the payment with a direct bank transfer or a paper check bearing your name. The relevant paper checks are delivered by mail.

Melio offers advanced capabilities that allow you to schedule weekly or monthly payments for utility bills and vendors. If you are a first-time user, you must fill out a payment delivery form with the recipient's bank account information, business data, and business address.

Depending on the urgency, you can pick today or a later date as the payment day.

Requirements

To use Melio services, you must be 18+ years old with a valid email address and have an account with Melio linked to a payment bank or a credit or debit card. You should be within the area covered by the Melio-supported network for international payments and receipts.

Melio payment

FAQ

How to receive payment?

You can add your invoice manually to the company website and send a payment request with an attached invoice if you are already registered. Once you accept payment, Melio will direct your money to your bank account. Note that the transaction is effected on the date specified by the business owner sending the payment.

How to make partial payments?

Since many users on the Melio platform are small business owners who may not afford lump-sum payments to their contractors. Thus, the company allows for partial payments enabling the businesses to run their activities flawlessly. To make partial payments, go to schedule payments and click on the digital pen icon to type the amount you want to pay.

How to make recurring payments?

Melio allows you to pay your regular suppliers and settle utility bills using your bank, debit, or credit cards by entering the amount to be paid and selecting the payment frequency. This will improve your business workflow, cash flow and allow you to pay your invoices on time.

Financial products
Melio
Bill payment service
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Melio
Bill payment service
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

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