About Melio

Category: Bookkeeping
With Melio Payments, you can plan and manage your business payments online. This software helps your business manage credit card transactions without stress, as well as ensures that financial settlements are cleared within an optimized time frame. Melio surely offers an attractive option to most small businesses.

Company: Melio Payments

Melio is a SaaS company that started with a mission of democratizing payments.  Their flagship software plans to level the B2B commerce field and empower small businesses worldwide.

In-Depth Analysis

0 Overall
Price 5.0
Ease Of Use 4.5
Features 4.0
Support 4.0


  • No subscription fees
  • Bank transfers & check payments are free of charge
  • Scheduling of multiple payments on different days


  • Only support payments in the US
  • Limited integrations other than QuickBooks
  • Limited information about customer support & times

Melio Comparisons

Plans & Pricing

While Melio does not require any fee for set up, it charges the users 2.9% on every credit card transaction they carry out. Fundamentally, this software features two different plans – the Accountant and Business plans. While the Accountant plan is tailored to meet the needs of accountants who manage other people’s finances, the Business plan is designed for business owners who prefer to manage their own disbursements.

FREE bank transfers
FREE bank transfers
Ease of Use

Melio Payments has an easy-to-use interface. You can sign up in seconds, and it doesn’t take long to add vendor details. Afterward, you can easily navigate across the software, and find everything you need to use its features.

Customer Support

Melio Payments provides assistance to its users via phone calls, emails, and live messaging. Additional support includes regular blog posts.

Phone Support
Phone Support
Users can receive assistance via phone calls
Live Online Chat
Live Online Chat
Live chat is provided through Melio dashboard
Users can email Melio at support@meliopayments.com
Video Tutorials
Video Tutorials
There are a number of videos available on YouTube.
Comprehensive list of frequently asked questions on Melio's site.
Features & Functionality
General Features

The features of Melio are typical of any efficient payment management system. These features and benefits include, but are not limited to:

  • Payment approval
  • Integration with QuickBooks Online
  • Payment scheduling
  • Payment tracking
  • Easy to use payment method update
  • 1099 forms
  • Client profile management


Melio Payments is one of the most intuitive digital payment solutions on the market. It allows you to sign up and input your account details and those of your vendors in a matter of minutes. After setting up the relevant data, you’ll find that the entire program is relatively easy to navigate.

Payment Handling and Organization

Late payment settlement can have a devastating implication for business relationships. On the other hand, paying too soon reduces your business cash flows, as you will have less money to yield profitable returns on investments. Hence, to enhance efficient business relationships and cash flows, your business will need to harness the power of a reliable payment structure.

Melio Payments help you optimize your payment structures by offering you a stress-free means of scheduling your payments in advance. All you need to do is put in the various payment you need to make, their respective recipients, and due dates. Melio automatically deducts the payment amount from your account at your specified payment dates, disburses the exact amounts to your suppliers and dealers, and then sends you a notification stating when the payment would be completed.

One excellent feature of completing payments with Melio is that you can carry out multiple payments all at once. And all payments will be attended to at their due dates.

Client Profile Management

In addition to offering payment solutions to business owners, Melio is also designed for people who oversee other people’s ventures. This software allows accountants to organize and run payments for their different patron companies. Its UI also makes it easy for finance managers to move from one client’s financial profile to the other without logging out all the time.

Credit Card Remittance

It is no longer news that some dealers and suppliers are picky when receiving credit card payments. Some accept certain cards and reject some others. Melio helps you navigate transactions with selective suppliers by charging your payment amounts directly from your card (irrespective of the type) and then remitting the specified amounts to your dealers.

Nevertheless, for each credit card transaction you make on Melio, you get to pay a service charge of 2.9% of the transaction value. You can even enjoy charge-free transactions if you qualify for discounts and rewards.

Permissions and Roles

For every growing business, there comes a time when owners will begin to delegate specific responsibilities to third parties. This delegation is so that you can give rapt attention to revenue generation and profit maximization. Coincidentally, payment management happens to be one responsibility that is often assigned to third parties in most businesses.

If you decide to hand over the control of your payments to third parties, Melio has been designed to facilitate such processes. All you need to do is to invite the parties involved and adjust their permissions and roles for your payments.

  • General Ledger
  • Manages Accounts Payable/Receivable
  • Income & Expenses Tracking/Management
  • Account Reconciliations
  • Bookkeeping Services Integration
  • Financial Reporting
  • Receipt Scanning
  • Invoicing
  • Dashboards
  • Auditing
  • Inventory Tracking/Management
  • Pay Bills
  • Cloud-based
  • Collections
  • Multi-currency
  • Multi-user Access
  • Manage Vendors/Contacts
  • Manage Purchase Orders
  • Bank and Credit Card Synchronization
  • Payroll Management
  • Convert Quotes to Invoices
  • Mobile App
Tax Preparation
  • Tax Compliance
  • Manage Tax Calculations/Reporting
  • Accountant-prep Friendly/Accessible
Time-Saving Automations
  • Automation of Invoices/Notifications
  • Suggests Transaction Matches
  • Purchase Order Automation
  • Payment Processing
  • Payroll Processing
  • Project Management
  • Time tracking
  • Third-party Integrations
Supported Devices
  • Windows
  • Android
  • Linux
  • iPhone/iPad
  • Mac
  • Web-based
Pricing Model
  • Monthly Payment
  • One-Time Payment
  • Annual Subscription

Melio Payments is your one-stop platform if you intend to manage all your business payments and receipts from one place. You don’t get to spend a dime for your payments, except when you’re using credit cards. And even at that, the bonuses and discounts usually offered to Melio users could help wipe off your credit card transaction fees to a great extent.

Melio does not facilitate payments outside the United States and can only sync with QuickBooks. Nevertheless, if you’re out to acquire intuitive software that will ease off your payment burden and won’t cost you a fortune, then Melio will be good for you.

Murad Jaffery
Author: Murad Jaffery
Murad Jaffery is a chartered accountant specializing in the field of accounting and finance. He has been writing on these areas for nearly a decade, and is also an accounting tutor. He holds master’s degrees in accountancy and English literature. Murad enjoys traveling and reading.

Melio User Reviews

Faye B
Design, No employees
Used for: 6-12 months
26 Jul - 2021

Melio is great

As a freelancer this is a really great payment solution and my clients are very satisfied with making payments through this software

Daniel B
02-10 employees
Used for: 6-12 months
26 Jul - 2021

Happy user

Considering that I am using it for free, I am satisfied with the product. Having live checks processed and mailed the same day the payment is processed would save me some time and expense (at least a small stamp).


live check takes an excessive amount of time to be delivered to a vendor, which has been an issue I am having.