The Solution to Paying Invoices to Any Account via Credit Card: No EDC Machine Required!

Are you looking for a way to pay your invoices using a credit card? Here is how. As a business owner or professional, you often face situations where piles of invoices from suppliers or vendors are due, while your cash on hand is being rotated for new stock or upcoming projects.

The dilemma arises when you want to use your credit card to preserve cash flow, but the vendor only accepts payments via bank transfer (Virtual Account or Manual) and does not have an EDC (Electronic Data Capture) machine. This is where Transfez provides a solution through the Pay by Card feature, allowing you to pay any bill using a credit card to any bank account.

Why Is Paying Invoices via Credit Card Beneficial?

Shifting bill payments from cash to a credit card is not just about convenience; it is a smart financial strategy. Here are the main benefits you can gain:

1. Extend Your Cash Flow “Breathing Room”

By paying invoices with a credit card, you effectively utilize the grace period (tenor) provided by the card-issuing bank, which usually ranges from 30 to 45 days. This gives your business capital more time to rotate before you actually have to settle the bill with the bank.

2. Maximize Your Rewards

Business transactions usually involve significant amounts of money. It is a missed opportunity if these transactions are made via regular bank transfers without providing any added value. With the Pay by Card feature, every Rupiah you spend counts toward reward points, cashback, or air miles that can be exchanged for flight tickets or shopping vouchers.

3. Operational Efficiency Without an EDC Machine

You no longer need to ask vendors to provide an EDC machine or a special payment link. As long as you have their bank account number, you can settle their bills using a credit card through the Transfez app. This is far more practical and efficient.

Read Also: Pay Local Vendors with a Credit Card? Here’s the Smarter Way with Transfez

Transfez Pay by Card: Local & International Solutions

The Pay by Card feature from Transfez is designed to support various business scales, whether transacting domestically or globally.

• Wide Reach: You can pay local or international vendor invoices to over 70 countries, including Singapore, China, Japan, the UK, and Australia.
• Transparent Fees: No hidden costs. Transfez charges competitive service fees: 1.75% for local transactions and 2% for international transactions.
• Full Card Support: You can use credit cards with VISA, Mastercard, JCB, or American Express (Amex) logos.

How to Pay Invoices via the Transfez App

The process is very simple and can be completed in minutes:

1. Open the Transfez App: Go to the Transfer & Pay menu, then select Pay by Card.
2. Upload Invoice: Upload a photo or PDF file of the invoice you wish to pay as proof of transaction validation.
3. Fill in Recipient Details: Enter the destination bank account number of the vendor, whether local or overseas.
4. Select Credit Card: Enter the details of the credit card you will use as the funding source.
5. Confirm & Pay: Double-check the fee details and the nominal amount. Click pay, and the funds will be processed directly to the destination account as a bank transfer.

Guaranteed Security

You don’t need to worry about the security of your funds or your credit card data. Transfez is an official digital remittance platform that is licensed and supervised by Bank Indonesia. Every transaction is protected with international banking-grade encryption standards to ensure every cent of your money reaches its destination safely.

Don’t let a vendor’s limited payment methods hinder your business growth. Maximize the use of your credit card to maintain healthy cash flow and earn extra benefits from every transaction.

Read Also: Tips to Safely Send Money Abroad Using a Credit Card

Download Transfez App

Transfez App can help you transfer money abroad more quickly and efficiently. Jack Finance can also help your business in making transactions abroad. For those of you who want to send money to relatives who are abroad because they are studying, working, or traveling, Transfez will be ready to help. This app is available on Android as well as iOS.