Melio review covering accounts payable automation, ACH and card payments, QuickBooks and Xero sync, pricing plans, pros, cons, and alternatives.
Melio is a B2B accounts payable platform that helps small and mid-sized businesses pay vendors by bank transfer or card, regardless of how the vendor prefers to be paid. Founded in 2018 and based in New York City, Melio built its business around removing friction from a traditionally manual, check-heavy bill-pay process.
The company raised substantial venture funding, including a 150 million dollar Series E round in October 2024, before being acquired by accounting software company Xero in June 2025 in a deal valued between roughly 2.5 and 3 billion dollars.
Melio automates the core accounts payable workflow: creating and approving bills, scheduling and batching payments, and syncing every transaction with QuickBooks, QuickBooks Desktop, Xero, or NetSuite so books stay reconciled without manual entry.
The platform also supports accounts receivable, letting businesses send invoices and payment links to get paid faster, and offers flexible payment methods so a business can pay by bank transfer even when a vendor only accepts checks, or by card even when a vendor does not accept cards.
Melio's Go plan is free and includes a limited number of free ACH payments per month alongside card payments and basic invoicing. Paid plans, Core, Boost, and Unlimited, increase the free ACH allowance and add automation, approval workflows, and deeper accounting sync.
Beyond the included free transfers, extra ACH payments cost a small per-transaction fee, credit card payments carry a 2.9 percent fee, and expedited same-day ACH payments carry a 1 percent fee; annual billing saves roughly 20 percent versus paying monthly.
Melio's Go plan is free and includes a limited number of free ACH bank-transfer payments per month, plus card payments and basic invoicing, with paid Core, Boost, and Unlimited plans available for more automation and higher free-transfer allowances.
Melio syncs with QuickBooks Online, QuickBooks Desktop, Xero, and NetSuite, with QuickBooks Desktop and NetSuite sync available only on the Unlimited plan.
Melio was acquired by accounting software company Xero in June 2025 in a deal valued at roughly 2.5 to 3 billion dollars.
Melio charges a small per-transaction fee for ACH transfers beyond the free monthly allowance, a 2.9 percent fee for credit card payments, and a 1 percent fee for same-day expedited ACH transfers.
Yes, Melio decouples the payer's payment method from the payee's receiving method, so a business can pay by card or bank transfer while the vendor still receives funds however they normally accept payment.
Melio is designed for small and mid-sized businesses, freelancers, and their bookkeepers or accountants who need to automate vendor bill payments without enterprise-level treasury software.