What is Melio?
Melio serves as a streamlined accounts payable solution aimed at enhancing bill payment processes, optimizing operational workflows, and boosting cash flow management. The platform enables users to make payments to vendors via online bank transfers or credit and debit cards, even when those vendors only accept check payments, while Melio handles all the tedious manual tasks. It integrates effortlessly with accounting software such as QuickBooks and Xero, ensuring that your financial records remain current.
With Melio, payments can be made using either bank transfers or card options, which not only helps in managing cash flow but also allows users to earn rewards. You can easily input vendor information or bill details manually, upload documents, or take a photo of the invoice for quick processing—it’s incredibly user-friendly. Payments can be scheduled in alignment with your cash flow strategy, and Melio will oversee the execution of those payments. Furthermore, the platform facilitates payments to international vendors in their native currencies, ensuring smooth transactions for various services and products. This comprehensive approach makes managing accounts payable more efficient and less stressful than ever before.
Pricing
Melio Go is free and designed for businesses aiming to boost cash flow, consolidate payments, and manage transactions in whichever way works best for them.
What’s included in Melio Go:
5 free ACH transfers per month
10 free syncs with QuickBooks Online & Xero
Various payment methods: Pay by card or bank—send checks, ACH, or instant transfers
Simplified bill entry: Upload, scan, or import bills
Dedicated email for automatic bill capture
Global payments in USD or local currencies
Recurring and partial payments
Instant payment options
Free mobile app (iOS & Android)
Accept payments using custom links
Melio Core offers more advanced features than Melio Go and is ideal for businesses requiring enhanced control and efficiency with automated workflows and 2-way syncing.
Melio Core includes all features from Melio Go, plus:
20 free ACH transfers each month
Unlimited 2-way auto-sync with QuickBooks Online & Xero
Batch-pay several bills at once
Merge payments into a single transaction
User roles, permissions, and management features
Automated approval workflows
W-9 collection and 1099 e-filing
Automatic bill line item capture
Melio Boost gives you priority support, faster payment processing, and advanced customizable controls.
Melio Boost includes everything in Melio Core, plus:
50 free ACH transfers per month
2-day ACH transfer delivery
Advanced, customizable multi-user workflows
2-way auto-sync with QuickBooks Desktop
Advanced bill attributes (classes & locations)
Premium customer support
Integrations
Company Facts
Product Details
Product Details
Melio Categories and Features
Recurring Billing Software
Payment Processing Software
Bookkeeping Software
Billing and Invoicing Software
Accounts Receivable Software
Accounts Payable Software
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Excellent.
Date: Jan 23 2024SummaryMelio is an efficient and user-friendly payment platform that streamlines the invoicing and payment process for businesses. Its intuitive interface makes it easy to create and send invoices, while the ability to pay with bank transfers for free adds value. However, some users may find the transaction fees for credit card payments slightly high. Overall, Melio proves to be a reliable tool for small businesses looking to simplify their financial transactions.
PositiveSo helpful... Melio is an efficient and user-friendly payment platform that streamlines the invoicing and payment process for businesses. Its intuitive interface makes it easy to create and send invoices, while the ability to pay with bank transfers for free adds value. However, some users may find the transaction fees for credit card payments slightly high. Overall, Melio proves to be a reliable tool for small businesses looking to simplify their financial transactions.
NegativeMelio is an efficient and user-friendly payment platform that streamlines the invoicing and payment process for businesses. Its intuitive interface makes it easy to create and send invoices, while the ability to pay with bank transfers for free adds value.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio is Top Notch
Updated: Jan 23 2024SummaryVery good overall experience. Would definitely recommend to other peers or clients in the future. Thanks.
PositiveSeamless transactions for my customers and easy to navigate interface. Most customers appreciate the ability to pay via ACH w/o a fee.
NegativeHave gotten a few comments about spammy vibes from out customers. Might help to make the site look a little more polished. I also had issues receiving payment via check from Melio. It got logged in the system and the check was never sent even though payment showed in full. If a client wants to pay via check, I do it outside of Melio.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio Review
Date: Jan 24 2024SummaryMelio is overall a decent product one should try who has a good business setup and needs payment facilities.
PositiveThe payment gateway and UI is good, the experience is also good, also the ease of access is designed a better way.
NegativeNeed more features like bill splitting, group payments, folders, more payment gateways.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio is a great payment solution for business
Date: Jan 23 2024SummaryMelio has helped our company get paid faster and with fewer issues. It's been easy to add to our bills and integrates easily into our accounting system. We've been very pleased and use it as our preferred method of payment now!
PositiveIt's allowed out clients to pay us from their checking accounts without an expensive service or having to write checks. We also like not having to pay the fees from credit card transactions or having to pass the extra expense to our clients.
NegativeSome of our clients have had problems getting Melio to work the first time and would prefer to pay with a credit card rather that use the tech support.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Perfect for Hosting
Date: Jan 23 2024SummaryThey works great and mostly good for small businesses and big businesses they’re are the best for every business.
Positiveits role in hosting open-source projects, offering version control, and providing collaboration tools for developers. Users often find it useful for managing software projects within the open-source community.
NegativeProvides an integration for ACH and QuickBooks notifies you of pending payments.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Excellent Foundation, Outstanding Potential
Date: Jan 24 2024SummaryVery impressed with the product so far. Can't wait to see what Melio is able to do with this as they continue to grow and develop this product and features.
PositiveClean user interface, the ability to contribute to multiple organizations with a single personal profile, integrates with popular accounting software, the ability to send a payment or request to someone that doesn't have a Melio account, and, my favorite feature so far, free ACH payments.
NegativeMissing some control features like being able to delete organizations from your profile (or to simply remove yourself from the organization). Also missing some advanced features like an API for outside developers to build integrations.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio : A Game Changer for Small Business Payments
Date: Jan 23 2024SummaryMelio makes paying vendors and contractors an absolute breeze for small businesses and solopreneuers. The fast payments, flexibility, and ease of use are game changing compared to old school payment methods like checks and wires. The free sign up and lack of monthly fees also make it very affordable. Melio should be a go-to tool for any small business looking to streamline payments and get rid of the hassle of paper checks. Highly recommended!
PositiveMelio allow us to make fast and easy payments. With Melio, you can pay any business or individual in seconds with just an email or phone number. No more waiting around for checks or wires. Their Simple interface is a game changer. The platform is intuitive and easy to use. Best of all, their have a top notch security and encryption to protect your data. It's much more secure than paying by check.
NegativeThe only negative thing I found in Melio is it Limited integrations. While it connects to popular accounting platforms like QuickBooks, it doesn't integrate with everything yet.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Why It's Your Go-To Business Solution! 💳💼
Date: Jan 23 2024SummaryMelio is a reliable payment partner for small businesses with its user-friendly interface and flexible payment features. The swift integration and the convenience of credit card payments make it a favorable choice for financial management. Despite a minor drawback in the online help interface, Melio remains an efficient option for bill payment management.
PositiveMelio stands out as an excellent choice for small businesses. Its user-friendly interface makes managing and paying bills online a breeze. The integration process with accounting software is swift, saving valuable time. Melio offers free credit card payment options, providing convenience for financial management.
NegativeWhile Melio boasts convenience in functionality, the online help interface could be enhanced for a more user-friendly experience. Users may find it time-consuming to locate specific information.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio review
Date: Jan 23 2024SummaryOverall we are very happy as a company and use this as a tool to maximize our spend and leverage credit to grow our business.
PositiveMelio is a great product that allows businesses to utilize credit cards to pay vendors and other biz expenses that usually can’t go on a CC. They have also have auto pay feature which is very nice. The other thing I love is that it integrates into QuickBooks.
NegativeA little pricey, but on pretty standard in industry.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Yes pretty good
Date: Jan 23 2024SummarySolid use for the Bank of America and the overall early-stage fundraising process is the best way to get.
PositiveThey let you easily get paid through bank accounts
Appreciate the clear interface and authentication.NegativeHard to remedy failed transactions or visions messaging.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
A Promising Concept, But Poorly Executed
Date: Jan 23 2024SummaryI am a real estate broker who frequently makes payments to a variety of vendors, industry professionals and other brokers. I signed up for Melio because I liked the idea of being able to pay some of these invoices with a credit card, both for tracking purposes and for the credit card points. The service worked as advertised for a handful of payments and then the breakdown began. Melio initially processed, then rejected a handful of payments claiming that payroll was not allowed. However, these are the exact same vendors I'd already paid through the service previously with no issues. (And of course, since they aren't my employees, it wasn't payroll). At one point Melio held a payment they'd rejected, claiming they could not send it back to the originating bank. It was a little over $1000, so not life-changing money, but frustrating that I had to make multiple requests of customer service to sort it out. Things continued to get more surreal from there. The next thing I know, Melio sends me an email stating that there are multiple accounts with my social security number attached and that I need to let them know which is the "real" one so they can delete the other. Concerned about a possible breach of my private data, I contact their customer service, who initially doesn't respond. On the second attempt, they look into the matter only to tell me that they don't see anything like that on their end and that they apologize for sending the alert in error. Several weeks go by and I attempt to log in to send another payment through Melio. In the final coup de grace, I receive a message telling me that my account has been closed because I did not respond to the request to confirm which of the two with my social security number was the real one. At this point I have stopped using Melio and won't recommend it to others, until they get their internal systems and customer service sorted out.
PositiveThe idea is novel and should be incredibly useful for many small business owners: send payments to vendors and other contractors using a variety of methods. Quick processing, ability to pay with a credit card, and payment tracking are all very useful features.
NegativeI'll delve into details in my overall review, but in summary, Melio seems to have launched their product without fully testing it for bugs, and customer service is not trained to deal with the resulting snafus. Based on my personal experience with the platform, I have some doubts as to the level of security with which Melio guards customers' financial information. There also needs to be a more robust process for phone and email support specialists to interact with Melio's IT people, because it seems the former doesn't really understand how the site is working, nor how to resolve software glitches when they occur. Again, I offer more detail in the full review.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio Review
Date: Jan 23 2024SummaryMelio is a great value for clients that do not have enough volume to justify BILL. I like the new view, though I would love it if clicking on a vendor brought up their whole history.
PositiveMelio is a great bill pay solution for small businesses. I love that it syncs to QuickBooks Online and that you can upload your bill directly into the software and then the bill syncs into the QBO transaction. I also love that you can set up recurring payments.
NegativeIt doesn't sync with all levels of QuickBooks Online. There have been many occasions that ACH payments do not arrive within the window promised which is frustrating. So our clients know that if the payment has a critical deadline they chose to pay a wire fee to guarantee delivery. I also wish very much that you could edit your recurring payment series without having to cancel the whole series.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
The perfect AR & AP platform
Date: Jan 26 2024SummaryOverall, Melio is a win-win situation. It simplifies bill payments for your clients, saving them time and money. For you, it translates to happier clients, a more efficient workflow, and potential revenue growth. It's a valuable tool that can enhance your business and help you stand out from the competition.
Positive1. Simplifies Bill Payments:
Say goodbye to manual checks and envelopes. Melio lets you pay vendors through ACH bank transfers, credit cards, or debit cards, even if they don't accept electronic payments.
Schedule payments in advance, ensuring you never miss a deadline and avoiding late fees.
Combine or split payments easily, making it convenient to handle complex billing situations.
Send payments with notes or attachments, adding a personal touch and streamlining communication with vendors.
2. Saves Time and Money:
Eliminate the need for manual data entry. Melio automatically syncs with popular accounting software like QuickBooks and Xero, saving you hours of tedious work.
Reduce late fees and postage costs. Paying electronically through Melio can help you avoid these unnecessary expenses.
Earn rewards on eligible payments. When you pay with a credit card through Melio, you can earn points or cashback,NegativeWhile Melio boasts many benefits, one potential con to consider is its limited international payment capabilities. Currently, Melio only supports payments to U.S. companies, which could be a drawback for businesses with international vendors. This restriction can necessitate using separate platforms or manually handling international payments, adding complexity and potentially increasing fees.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Definite time saver
Date: Jan 26 2024SummaryOverall, Melio has been a great tool in my tech stack. My clients find it easy to use. It has all the features needed to simply and quickly process bill payments. I haven't yet tested or used the "Get Paid" feature, since I have another workflow already in place. But the time may come when it makes more sense to have everything in Melio, and I anticipate that function will work as smoothly and easily as paying vendors does now.
PositiveI like that bills can be entered directly into Melio, or Melio can get them from the accounting software. Also, the ability to email bills to Melio is a great option for business owners/employees who aren't hands-on with the bookkeeping side of things.
NegativeI've had to reconnect Melio to the accounting software a few times when it stopped working. I also had to initiate the connection from inside the accounting software, rather than from Melio's side, to get a successful connection.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio works well
Date: Jan 23 2024SummaryWe have used Melio for several years. We plan to continue using Melio for the upcoming year. Overall good product.
PositiveFlexible payment of vendors. Great support. More features added recently. Line item adjustments. Reasonable fees.
NegativeUploading invoices sometimes does not work properly. Check your work.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio Honest Review
Updated: Jan 23 2024SummaryMy overall experience with Melio has been a positive one. We have multiple locations and the approval process on each invoice being processed has been seamless.
PositiveThe ease of set up and implementation on this software is outstanding. The immediate sync with Quickbooks has been a time saver.
NegativeThis software was free when we started using and now is charging per transaction. I am not a fan as part of our attraction to this software was no fee.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Efficient to USE
Updated: Jan 24 2024SummaryI have tried different payment platform in paying my Business bills but so far Melio has shown effectiveness and reliability especially when paying vendors who doesn't accept cards Melio find ways!
PositiveAs a Business Development Manager/ Co owner of IKJewels and and Affiliate Partner using Melio as a payment option for my team is really reliable and easy to use. Especially when paying Business Bills. You Pay business bills with bank transfers for free or pay by card, even where cards aren’t accepted also there’s no monthly fee and your vendors don’t need to sign up.
Melio is highly recommended especially for start ups and growing business. Melio will be your partner for success!NegativeSo far the product is a perfect fit for my company. No complains so far.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Hassle Free Way to Pay and Receive Payments for Small Businesses
Date: Jan 24 2024SummaryOverall, I am quite happy with Melio. It does a wonderful job by making B2B payments easier and hassle-free, helping save a lot of time.
PositiveUser-friendly interface.
Add an unlimited number of team members effortlessly.
Sync seamlessly with your accounting software.
No need to worry about monthly fees when using Melio.
Initiate payments instantly, opt for same-day bank transfers, or choose fast check for expedited 3-day delivery.
Consolidate multiple bills to a single invoice for the same vendor.
Take advantage of the option to make partial payments.
Set up recurring payments with ease.
Vendors don't have to sign up with Melio to receive payments.
Flexibility to pay both domestic and international vendors.
Decide when and how you want to pay your vendors.
Choose from ACH transfers, card payments, international bank transfers, or send a check to your vendor.
Pay vendors on the go using Melio's mobile app.
Run your business from anywhere with Melio's convenient features.
Maintain control over tasks with customizable approval workflows.
Allocate payment responsibilities among your team members.
Effortlessly capture bills in various ways with Melio's easy bill capture – take a photo, upload an invoice, manually enter details, connect with your accounting software, or send invoices to your Melio pay inbox.
Schedule payments conveniently.
Make payments in installments without impacting your credit score.NegativeCurrently, international payments can only be made in USD.
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At present, Melio does not have an Android app. -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio Online Payment
Date: Jan 24 2024SummaryMelio is an online payment platform that allows businesses to make and receive payments quickly and easily. It's a great option for businesses that need to pay and get paid quickly and securely. Businesses can use Melio to pay bills and send invoices, and they can also receive payments from customers. The platform is easy to use and offers a variety of features, such as automatic payments, payment reminders, and reports.
PositiveOne of the biggest pros of Melio is its ease of use. The platform is very user-friendly and easy to navigate, even for those who are not tech-savvy. Another pro is the variety of features offered by Melio. In addition to the features I mentioned earlier, Melio also offers integrations with popular accounting software, such as QuickBooks and Xero. This makes it easy to sync your data.
NegativeOne of the biggest cons is that Melio is only available in the United States. This means that businesses outside of the US cannot use the platform. Another con is that the platform doesn't offer much in the way of customer support. There is a help center on the website, but there is no live chat or phone support available.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Melio Saved my life
Updated: Feb 13 2024SummaryOverall, Melio is a problem solver. I love the solution and would recommend it to all my business partners.
PositiveI like how they made it easy for us to do financial transactions.
NegativeWhat I found not good on Melio is that the solution is not available worldwide.
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