Melio Reviews & Product Details

What I like about Melio is the Convenience: Melio simplifies the payment process by allowing users to send and receive payments electronically, which saves time and effort compared to traditional payment methods. Cost-effectiveness: Melio offers a competitive pricing structure with no hidden fees or subscription costs, making it an affordable payment solution for small businesses. Security: Melio uses advanced encryption and security protocols to protect users' financial information and transactions, giving users peace of mind when making and receiving payments online.

I dislike Melio's speed of payment for some payments, but I am not sure if that is a Melio issue or a receiver issue.

I am using Melio fo my ACH transactions because my bank does not readily offer it.

Melio is so easy to use and I love the option of being able to schedule payments. Just set it and it's taken care of!

No downsides at all. It's a great solution to keep track of payments!

Melio solved my problem of keeping track of my subcontractor invoices/payments. I just load em up and then they alert me when one is coming due! We pay our rent also and it's always on time because of Melio! Scheduling out recurring payments is awesome!

Ease of use - intuitive design - no hidden fees - exactly as advertised - looks professional to recipients - allows for the easiest, no hassle wire transfers -

I don't have anything in particular to criticize - as someone who uses a small, boutique internet bank for business (one that doesn't allow wire transfers) Melio has been a lifesaver.

I use a bank that doesn't allow for any direct transfers, and my wholesaler will ONLY accept direct wire payments. So, Melio has been an easy and wonderful solution.

I love the flexibility of payment options, the ability to pay contractors via credit card, and the useful tool of just forwarding the invoices to the inbox! It's truly great!

Nothing to note here. There has been nothing so far that has dissatisfied me!

One way that it stands out is being able to select for the payor of an invoice in Accounts Receivables is deciding where to delegate the processing fee if they use a credit card.

Easy to use, fast and quick service. We will continue to use!

We wish it had an auto-pay method for our customers

It is making our payment process easy between our customers and us, everything is very easy to use.

I like that Melio is extremely easy to navigate and use for AP.

I do not like having to reach out to the support team to void a payment or a check.

It wasn't as easy to bulk pay bills in our other payment portal as it is while using Melio - that is the best part.

The simplicity of sending out payments to vendors that I use especially for those that I hire multiple times throughout the year. I'm able to pay them and also keep track of how much I pay them throughout the year for tax time ease.

My vendors can't add in their W-9 so I can consolidate all of their tax information in one area for my CPA. I would like them to be able to fill in their contact information themselves as well.

Keeping track of 1099s for contract workers! I know what I need to send to my CPA for taxes much more easily. I have one less thing to worry about every year when compiling my taxes to hand over to my CPA.

I'm able to schedule multiple payments in advance and later balance my account on the go. I could pay vendors by ach or I could use their check payment option but it comes with a fee

Some glitches the software had in the past, after initiating a payment to a vendor account it automatically sent out the payment to a single use card even when the vendor didn't set up.

Melio transformed how I do accounts payable from having to manually write checks to click and pay. It simplified vendor payments and shortened the time I used to spend managing.

Quick, easy, fast and secure online payments.

There is a notification that keeps prompting me to connect my Quickbooks Online account when I no longer have a Online account with Quickbooks.

Melio helps me quickly and easily send fast, secure payments to my Vendors. Melio always makes sure that my payment is sent on time.

Let's be honest: As owner of a small company, life can be hectic and challenging and traditional banks don't necessarily have your back. Depending on who you are banking with, Melio is an excellent value add on and provides functionalities most regular bank or won't. In a nutshell: you can finally schedule ACH payments for free. Secondly, you can assign "collaborators", being Admin, Accountant or Contributor with varying permissions. Meaning, you can delegate payments to someone in your organization, without them having access to everything and set security thresholds for transfers, etc.

There is a little trick to make payments go out faster that is not well explained: If you add a "bank account", outgoing payments will take a few business days. If you find the "add debit card" under "add bank account" (instead of under "add credit card" where you instinctively might think it is), then payments go out the same or the next business day if scheduled before the cut-off time of 12pm EST. This could be explained a little better. You have to kinda stumble on it to find out.

Melio is an excellent Payment solution that allows scheduling of payments at future dates. My regular bank is a little backwards and doesn't provide that feature.