Melio Launches B2B Payments Mobile App for Small Businesses

Melio has launched a mobile app that helps small businesses make and track B2B payments while on the go.

The new app, which is now available on the Apple App Store and will be added to the Google Play Store in the coming months, complements web access to Melio’s B2B payments platform for small businesses, the company said in a Tuesday (May 9) press release.

“The launch of Melio’s mobile app is another milestone in our efforts to deliver innovative products and the highest level of service to small business owners across the country,” Melio CEO and Co-founder Matan Bar said in the release. “Our mobile app will make it easier for small businesses to make and track payments wherever they are, providing them with greater control and flexibility.”

Melio’s new app enables small business owners to pay their suppliers and contractors, scan bills and invoices, approve and track payments, receive reminders for unpaid bills and use their preferred payment method, according to the release.

These features on the app are designed to help businesses improve their cash flow, eliminate late payment costs and save time, the release said.

“The launch of Melio’s mobile app is a further extension of the company’s mission to keep small business in business through innovative product offerings and strategic partnerships,” Melio said in the release.

One of those strategic partnerships was announced April 24, with Shopify adding Melio’s B2B embedded finance offering to its commerce platform.

This collaboration has created an integrated accounts payable (AP) solution called Shopify Bill Pay that enables merchants to pay and manage bills from vendors and contractors through the same Shopify admin they use to run their business.

With digitization becoming more firmly entrenched among small business owners after the digital shift that was spurred by the pandemic, businesses are finding positive ripple effects in the form of time saved (no more going to the post office to mail checks) and cash flow flexibility, Bar told PYMNTS in a July interview.

“Being digital means you have more payments choice, and having more choice means you are able to manage your cash flow in ways that can smooth financial volatility,” Bar said at the time.

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