Shopify has partnered with Melio to introduce Shopify Bill Pay, a B2B payments solution that enables Shopify merchants to pay and manage their bills.
Facts
- Shopify has collaborated with Melio, a US-based B2B payments platform, to launch Shopify Bill Pay, which allows Shopify merchants to pay and manage their bills.
- The solution enables merchants to pay bills via credit, bank, or wire transfer, and select how their vendors will receive payments separately without leaving the Shopify platform.
- With Melio supporting payments to 100 countries, merchants can pay invoices for everything, including inventory, shipping, and advertising, both within the US and abroad.
- Both companies claim that Shopify Bill Pay saves merchants an average of 16 hours a month on paying bills, and it is “2x faster” than other B2B expense management solutions.
- The solution integrates with Shopify Balance, the company’s free business account, with no subscription or sign-up fees.
- Melio’s CEO and co-founder, Matan Bar, states that Shopify Bill Pay will “simplify merchants’ bill-paying experience – providing them with more flexibility to help with their cash flow and saving them countless hours spent tracking invoices.”
- This partnership with Melio is part of Shopify’s ongoing efforts to expand its offerings and services, making it a one-stop shop for small businesses.
