Melio: Capture All Your Business Expenses
TravelWealth has partnered with Melio, a digital payment processor focused on B2B transactions made to vendors who do not traditionally accept credit cards. This strategic partnership will allow our members to capture their business expenses for maximized points accrual, while also realizing several other benefits:
Potential tax advantages
Credit card purchase protections
Streamlined bookkeeping solution
4-8 weeks of float on cash in bank
How does Melio work?
After signing up with Melio, you will be able to add your business’ payee information into your account to make one-time or recurring payments. Melio will charge your preferred credit card and pay the recipient via ACH, wire transfer, or check on your behalf.
What type of payments am I able to make through Melio?
Payroll
Office rent
Vendors
Contractors
Tax payments
Property taxes
Is there a fee to use Melio?
Yes. Melio charges 2.9% on all transactions completed through their services.
When should I utilize Melio?
Any time a credit card is not directly accepted for your business expenses.
I am having trouble with my Melio account or making a payment.
Reach out to Wealth@TravelWealth.com to help troubleshoot any issues relating to your Melio account.