Mesh Payments is an online payment platform that enables businesses to automate and manage their payments through a single platform. With Mesh Payments, businesses can pay their suppliers, vendors, and employees using a variety of payment methods, including ACH bank transfers, virtual credit cards, and wire transfers.
Here’s how Mesh Payments works:
- Sign up: Businesses can sign up for a Mesh Payments account, and provide their payment information, including their bank account or credit/debit card details.
- Add recipients: Once signed up, users can add the recipients they need to pay, including suppliers, vendors, and employees.
- Schedule payments: Users can schedule payments on Mesh Payments’ platform, choosing from various payment methods such as bank transfers, virtual credit cards, or wire transfers.
- Manage payments: Mesh Payments allows users to track their payment history, view payment statuses, and set up automatic payments for recurring expenses.
Mesh Payments also offers features such as payment approval workflows, payment reminders, and payment reporting, to help businesses manage their cash flow and keep their payment processes organized.
Mesh Payments offers several features that make it a convenient payment solution for businesses. Some of the main features of Mesh Payments are:
- Multiple payment methods: Mesh Payments allows users to make payments using various methods, including ACH bank transfers, virtual credit cards, and wire transfers.
- Recipient management: Users can add and manage their recipients, including suppliers, vendors, and employees, and schedule payments to be made to them.
- Payment scheduling: Users can schedule payments in advance and set up recurring payments for regular expenses.
- Payment approval: Mesh Payments offers a payment approval system, allowing businesses to authorize payments before they are processed.
- Payment tracking: Users can track their payment history, view payment statuses, and receive notifications when payments are processed.
- Payment reminders: Mesh Payments sends payment reminders to users, ensuring that bills are paid on time and avoiding late fees.
- Payment reporting: Mesh Payments provides detailed payment reports, allowing businesses to track their payment activity and analyze their expenses.
- Virtual credit cards: Mesh Payments offers virtual credit cards that can be used for online purchases, allowing businesses to make secure payments without exposing their primary credit card information.
Overall, Mesh Payments provides businesses with a flexible and convenient payment solution, allowing them to save time, reduce costs, and manage their payments more efficiently.