Melio
AI-enhanced B2B payments platform for small businesses to pay vendors by card or bank transfer with bill automation.
What it does
Melio is a B2B payments platform for small businesses - enabling businesses to pay vendors by credit card (even when vendors only accept checks), ACH bank transfer, or check, while automating accounts payable workflows. AI capabilities include AI bill capture that extracts payment information from uploaded vendor invoices automatically, intelligent payment scheduling that optimizes bill payment timing to maximize cash flow, smart duplicate detection that identifies potential duplicate payments before they process, automated payment reconciliation that matches payments to bills in connected accounting software, AI vendor management that organizes and categorizes vendor payment history, and cash flow forecasting that projects upcoming payment obligations.
Why AI-ENHANCED
Melio is an established B2B payments platform that has integrated AI bill capture, intelligent scheduling optimization, and automated reconciliation into a mature small business accounts payable product.
Best for
Freelancers and sole proprietors use Melio for business bill payment - paying vendors by card to earn rewards even when vendors only accept checks.
Very small businesses use Melio for streamlined AP - AI bill capture reducing manual data entry and payment scheduling managing cash flow.
Small businesses use Melio for systematic AP management - AI automation reducing time spent on bill payment and accounting reconciliation.
Limitations
Melio is designed for SMB bill payment volume — enterprises with complex AP workflows, multiple entities, and high transaction volumes need dedicated AP automation platforms.
Bill.com and Ramp offer competing SMB payments platforms — businesses should compare card payment options, fee structures, and accounting integration depth.
Melio charges a 2.9% fee for credit card vendor payments — high-value bills offset the card rewards earned, making ACH payment more cost-effective for large amounts.
Alternatives by segment
Melio free for bank transfers. 2.9% fee for card payments. Check mailing $1.50/check. No monthly subscription. Enterprise pricing negotiated.
