Nickel vs. Melio

Looking for an alternative to Melio? See how Nickel Payments compares and discover the right tool for your business

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How Melio works

Melio is a Bill Pay Platform known for its simplicity and support for advanced payment methods like virtual cards. The company also offers accounts receivables solutions for businesses looking to accept payments.

However, Melio's has a complex pricing structure and places restrictive limits on key features like free ACH payments and accounting integration. Other pain points include the lack of transparency around fund movement, frozen funds, and limited access to timely customer support

How Nickel works

Nickel is an all-in-one finance platform for small businesses. Nickel helps businesses accept payments, pay vendors and offer extended net terms to customers.
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Nickel offers straightforward plans and a generous free tier that includes key features like unlimited free ACH, accountant support and approvals workflows.

In addition, Nickel provides unparalleled transparency on fund movement and timely support. We understand that every payment is critical to your business and you're never left in the dark.

Trusted by businesses in brick & mortar industries

Top reasons businesses choose Nickel over Melio

From improved payment capabilities to unparalleled support, see why business owners are migrating from Melio to Nickel

Truly unlimited free ACH payments

Send and receive ACH payments for free. No monthly caps or restrictions.

Pay businesses and individuals

Send money to businesses, 1099 contractors or sole proprietors with ease

High value transactions

Process large payments up to $1M each without a hiccup or surprise holds

Digital credit application

Onboard, vet and activate new customers in seconds. No more reference calls or manual work

Payment advance

Get an advance on unpaid invoices and repay when you're paid

Transparency & live support

Nickel is upfront about the status of your payments and you're never left guessing

"We had ongoing issues with our previous payment platform, from restrictive pricing to unexplained payment delays and fund holds.

Switching to Nickel was a complete game-changer. Payments are seamless regardless of size, the platform is intuitive, and their team is both responsive and proactive—constantly rolling out new features based on user feedback.

It’s been an outstanding partnership, and I confidently recommend Nickel to all my business peers."
Jenn Cole
Owner, Songbird Accounting
4.9 Rating
See all G2 reviews ->

Ranked #1 Easiest to Use Payment Solution by G2

See why Nickel outranks every major competitor, including Forwardly, Melio, and Square

Absolute Gamechanger

Impeccable product, run by better people

Nickel's online payments platform is A+

Great alternative to Quickbooks Pay

Best payments platform for small businesses

We've been with Nickel since day one and I firmly believe that they have the best payments solution for the construction industry. It makes payments between our business, vendors and customers so much easier and faster
Mike Kershner
Owner, ILC Studios

A breeze to implement and integrate

Fast, reliable, and client friendly services

Nickel makes getting paid simple & cost effective

Look no further for a well-integrated, daily payment solution

10/10 from this small business owner

Compare Nickel and Melio

Accounts & Integration
Nickel
Melio
Seats Included
3 free users
1 free user
User Permissions
Yes
Paid plans only
Manage multiple businesses
Yes
Paid plans only
Deposit Checks
Yes
Paid plans only
Accountant Support
Yes
Paid plans only
Quickbooks Integration
Unlimited
10 free syncs per month
Xero Integration
Coming soon
10 free syncs per month
Payment Capabilities
Nickel
Melio
Pay by Card
2.9%
2.9%
Pay by ACH bank transfer
Unlimited & free
5 free ACH per month
Send checks
$2
$2.5
Deposit Checks
Yes
No
Instant Transfers
Coming soon
1%
Accounts Receivable
Nickel
Melio
Request payment via email
Yes
Yes
Request payment via text
Yes
No
Branded payments portal & links
Yes
Yes
Partial payments
Yes
No
Customize surcharge per request
Yes
No
Requires Plaid
Not required
Required
Securely save buyer's payment info
Yes
No
Accounts Payable
Nickel
Melio
Vendor onboarding
Yes
Yes
Pay businesses
Yes
Yes
Pay individuals & sole proprietors
Yes
No
Scheduled & recurring payments
Yes
Yes
Approvals workflow
Yes
Paid plans only
Trade Credit
Nickel
Melio
Digital credit application
Yes
No
Credit report and insights
Yes
No
Credit review & approval workflow
Yes
No
Automated dunning & lien documents
Yes
No
Net terms advance
Yes
No
NICKEL PLATFORM

Explore our products and plans

Run payments, vet new customers and manage trade credit. All in one place.

Get Paid

Vet and activate new customers faster, and automate payments

Bill Pay

Solutions and funding that help you mobilize new projects and ensure prompt payments

Trade Credit

Accelerate customer payments and pay suppliers and contractors with ease

See pricing plans

Onboard your clients today

Enjoy unlimited free ACH bank transfers and powerful payment features for free. Get started ->

Sign up for your account

Link your Quickbooks Online account

Set up users and approvals

Send and receive payments

No monthly fees.
Just unlimited free ACHs.

See why discerning business owners and accounting firms are all switching to Nickel

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