ZilBank.com to enable US payments for South Korean entrepreneurs

With its cloud banking platform, ZilBank.com aims to ensure efficient and cost-effective cross-border transactions, allowing South Korean entrepreneurs to conduct their business with more convenience. By providing this feature, the company focuses on simplifying global transactions, eliminating the need for a physical presence, and delivering convenience to South Korean entrepreneurs in the USA. Additionally, ZilBank.com supports the creation of multiple business accounts for several purposes, as it allows affordable money transfers through ACH, mailed checks, and wire transfers. With the instant transferring feature between ZilBank.com accounts, the company ensures seamless financial transactions. The platform also offers virtual cards, international payments, bulk payments, and the get paid early option, among others.

As the parent company of ZilBank.com, ZilMoney.com, and OnlineCheckWriter.com, Zil Money Corporation aims to eliminate the difficulties that small and medium-sized enterprises (SMEs) face, including managing cash flow and ensuring timely employee payments. One of ZilBank.com’s objectives is to simplify payroll management by offering constant fund access. By leveraging its solutions, businesses can improve cash flow and increase productivity, as well as unlock new revenue opportunities. Furthermore, ZilBank.com is committed to enhancing financial technology and enabling businesses to expand their services globally. As per the information detailed in the press release, the addition of this service represents a considerable step in solidifying economic ties between South Korea and the US.

With its operations based in the US, Zil Money provides a payment management platform for growing businesses, with over 600,000 customers currently leveraging the company’s solution. In recent months, Zil Money announced several developments, including the launch of its universal payroll application, which aimed to enable business owners to fund employee salaries using their credit cards. As a dual-benefit solution, the application intended to simplify payroll management and improve cash flow by providing business owners with the opportunity to leverage their credit card rewards while writing off the nominal fee as a business expense.

Furthermore, at the end of August 2023, Zil Money introduced its payroll funding credit card facility that focused on improving cash flow for SMEs. Payroll by Credit Card was developed to improve how businesses and companies pay their employees and support them in overcoming cash tightness, especially during paydays.

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