ZilBank.com introduces Instant Fund Transfer

ZilBank.com account holders can instantly transfer funds between two Zil accounts, the online banking platform announced in a press release. The new facility also allows funds to be transferred via account numbers, email, phone numbers or QR codes.

“This is an exciting development for ZilBank.com users,” said Sabeer Nelli, CEO and founder of ZilBank.com. “The Zil Intra Transfer feature will be useful for our customers and we promise to bring more innovations in the days ahead,” he added.

Zil Money Corporation, the parent company of ZilBank.com, OnlineCheckWriter.com and ZilMoney.com, is committed to bringing cutting-edge payment technologies to simplify payments. Zil Money Corp CEO Sabeer Nelli realizes that the common challenge small businesses face is cash shortages and completing payments quickly. Under his leadership, Zil has introduced solutions that smooth out small business credit availability and avoid delays in payment processing. Zil Money has also introduced credit card salary financing and pay-by-credit card facilities, improving business credit flow.

“Customers can transfer the funds instantly through the Zil digital banking platform without complicated third-party transfers or expensive fees,” he added.

Zil Money Corp. allows easy integration with well-known accounting software such as Zoho, Gusto, Sage, QuickBooks, Bill.com, Zapier, etc., allowing customers to make payments directly from the accounting platforms. In addition, users can choose from various payment methods such as ACH/direct deposit, check printing, e-mail checks, postal checks, bank transfers, etc.

“We are happy with the feedback from our customers about the Zil Intra Transfer feature,” he added. “We’re sure our customers will love this new feature.”

Zil Bank’s virtual card works like a physical bank card, but it is stored on a user’s phone or other devices, reducing the risk of fraud. Additionally, users can create multiple cards and temporarily block and unblock them using the mobile app or web platform, making it easy to manage spending.

ZilBank.com’s Visa Digital Gift Card allows users to easily send gifts to anyone on their contact list via email. The recipient can then use the card to make purchases in any store that accepts gift cards, and there are no restrictions on the number of recipients.

The cloud-based banking platform has also made international payments easier for foreign suppliers and customers. The platform enables users to transact in multiple currencies and records all transactions, ensuring accurate bank reconciliation by linking different bank accounts. Non-resident business owners in the US can access a fee-free checking account at ZilBank.com. Company details and a valid passport are the only criteria for opening a bank account.

ZilBank.com’s payment link is a fast, cost-effective and time-saving way to accept online payments. The user can send customizable links to the payers, making it easy for them to make payments directly to the payee. This option is ideal for businesses and individuals looking for a simple and efficient way to request payments without the need for a complicated payment system.

ZilBank.com allows employers to create employee expense cards to manage employee expenses easily. Employers can set spending limits on the card and charge it as needed or cancel it at any time. Employers can also ensure that the card is used for its intended purpose, which gives greater control over the company’s finances.

ZilMoney Corp. has established itself as a leader in payment technologies, with its platforms having over 650,000 registered users and over $50 billion in processed transactions.