Quick Answer
Melio AI lets US small businesses pay any vendor by bank transfer or credit card even if vendors only accept checks. Free for ACH with 2.9% fee for card payments. Integrates with QuickBooks and Xero. US primarily.
What It Does
Melio AI enables payment of any business bill via bank transfer or credit card regardless of vendor payment preferences, manages check printing and mailing for vendors who require paper checks, schedules payments to optimize business cash flow, provides AI-powered payment insights and spending analysis, integrates with QuickBooks and Xero for automatic sync, manages approval workflows for payment authorization, tracks outstanding bills and payment status, sends payment reminders for upcoming due dates, enables international payments to vendors in select countries, and delivers a vendor payment portal for receiving digital payments.
What It Cannot Do
Melio focuses specifically on accounts payable — it does not handle accounts receivable or full accounting. Credit card payments incur a fee. International payment coverage is limited compared to dedicated FX platforms. Some payment types take longer to process than others. US primarily with limited international availability.
Who Is It For
US small businesses that want to optimize cash flow by using credit cards to pay vendors who only accept checks alongside streamlined AP workflow and accounting integration. Particularly valuable for businesses that want to earn credit card rewards on bill payments while extending payment terms.
About Melio AI
Melio is a business payments platform that solves a specific but significant problem for small businesses — paying bills in a way that optimizes cash flow. The platform allows businesses to pay any vendor by bank transfer or credit card even if the vendor only accepts checks, with Melio handling the check printing and mailing on the business's behalf. This allows businesses to extend their cash flow by paying with a credit card while vendors receive payment in their preferred method. Melio's AI assists with payment scheduling to optimize cash flow, provides spending insights across all bill payments, and integrates with QuickBooks and Xero to sync payment data automatically.
Pricing and Access
ACH bank transfers free. Credit card payments 2.9% fee. Check payments free. International transfers have fees. No monthly subscription. US primarily with some international availability.
Platforms
How AI Works
HybridFounded
2018
Headquarters
New York, USA