Paying overseas suppliers by credit card gains a new incentive
Payments platform Melio is offering a $500 gift card to businesses that make a first international card payment of $1,000 or more in a vendor's local currency, on top of the points, cashback and miles the card already earns.
The pitch targets companies sourcing from China, Mexico, Vietnam and elsewhere: most international payment platforms require bank transfers, while Melio's card-to-FX option lets sellers pay by card even when vendors do not accept cards. Vendors receive USD or local currency such as CNY, EUR or INR, while buyers stretch their cash cycle by as much as 45 additional days.
The company promises competitive, transparent exchange rates rather than fees hidden in padded FX pricing, funds arriving the same or following day in whichever currency the vendor prefers, and one dashboard for international and domestic payments that syncs with QuickBooks and Xero.
The promotion is capped at 100 participants and expires March 31, 2026; it applies to first-time card-to-FX customers.
