Software Alternatives, Accelerators & Startups

Ramp VS Melio

Compare Ramp VS Melio and see what are their differences

Ramp logo Ramp

Grow more. Waste less. Enterprise corporate cards built from the ground up to save your company money: issue unlimited cards and eliminate overspend with our advanced savings reports and 1.5% cash back on everything.

Melio logo Melio

A digital bill payment solution for small businesses. Pay and get paid for invoices quickly, simply, and without any of the usual costs. Increase cash-flow and reduce hassles by scheduling payments with bank transfers, debit cards, or credit cards.
  • Ramp Landing page
    Landing page //
    2023-07-31
  • Melio Landing page
    Landing page //
    2023-03-10

Melio allows small businesses to take control of their cash flow with flexible business payments. A free and easy-to-use B2B payment solution, Melio has no setup or monthly fees. It helps small businesses in the US pay any business expense by ACH bank transfer or credit card - even where cards aren’t accepted. And vendors still get paid their way - by check or bank transfer.

Why Melio: Pay any invoice with a bank transfer for FREE, or use your credit card to defer payment (2.9% fee). Vendors receive a check or bank deposit. Pay with a credit card and hold onto cash for up to 45 extra days. Collect points and rewards along the way. The platform is user friendly, reduces costs. saves you time, and enables SMBs to focus their business rather than logistics. It has a seamless sync with QuickBooks and Xero, which eliminates a dual entry of vendor/bill information.

Currently, Melio is available to small businesses in the US only, though it enables international payments.

Ramp videos

OC Ramp Review

More videos:

  • Review - Plastic launch ramp review!
  • Review - STILL THE BEST ATV RAMP???? - Harbor Freight HaulMaster Trifold Aluminum ATV/Motorcycle Ramp Review

Melio videos

Pay Your Vendors Like A Tech Smart Boss With Melio (Onboarding and Review)

More videos:

  • Demo - Melio Demo with David Leary

Category Popularity

0-100% (relative to Ramp and Melio)
Finance
100 100%
0% 0
Online Payments
51 51%
49% 49
Accounts Payable
0 0%
100% 100
Fintech
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Ramp and Melio

Ramp Reviews

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Melio Reviews

4 Best Bill.com Competitors And Alternatives (2022)
This is no reason to be discouraged. There are Bill.com competitors out there, Melio ranking at the top, that are tailor made for small businesses like yours. Melio has a simple, yet fitting tool set, at an incredibly affordable rate for any small business. That’s why I would recommend Melio over Bill.com for any small business in the US.
Source: smbillion.com

Social recommendations and mentions

Ramp might be a bit more popular than Melio. We know about 5 links to it since March 2021 and only 4 links to Melio. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Ramp mentions (5)

  • I am the VP of Product at a SaaS & Fintech startup that just raised a $300M Series D - here are my best practices for scaling product velocity - AMA
    Hi Reddit, I'm Geoff Charles, VP of Product at Ramp (https://ramp.com) — the fastest-growing SaaS startup of all time, Fast Company’s #1 Most Innovative Company in North America, and LinkedIn's Top Startup of 2023. Source: 8 months ago
  • Credit/Debit/Pre-Paid Card For Personal Assistant?
    I use ramp.com for my corporate cards. Set up one through an LLC you have and link it to an LLC bank account. Source: about 1 year ago
  • Exec who cleaned up Enron calls FTX mess 'unprecedented'
    Not disagreeing here, just adding notes. An example of a Slack integration front-end to proper software: Ramp[0] has a decent Slack integration for in-Slack reimbursement approvals. It's easier than navigating their web app. Also, Brex is pretty polished today but even they started out as a junk show. Stripe started out as total chaos. Many of the neobanks... Most fintech startups out there started as three... - Source: Hacker News / over 1 year ago
  • About Last Week’s Announcement
    This is going to be good for Ramp. Better platform anyway (happy I made the switch) https://ramp.com/. - Source: Hacker News / almost 2 years ago
  • Finance people/accounts payable - What is the best bank for nonprofit that allows different levels of approval?
    But we've reached the limit of this as well and are looking at other options such as bill.com or ramp.com which is a new competitor. Source: over 2 years ago

Melio mentions (4)

  • How open are you with your account and routing numbers?
    I Use Melio Payments (https://meliopayments.com/) - You can set up a free account and you can have them send you money or you can send out money via ACH (which is free) or use a debit or credit card account (Fee associated). I use it to pay my sub contractors weekly. You can only see the last 4 digits of the banking info once you have sent or received it. Ive been using them for almost 2 years and no complains. Source: about 1 year ago
  • Amex Business Plat To Pay Invoices
    You can look into https://meliopayments.com/ . They're basically Plastiq for businesses and support Amex, but they're gonna have a fee. So unless you're trying to hit a SUB, it's not gonna be worth it. Source: over 1 year ago
  • I said what I said
    Looking around for 2 seconds I found this.. https://meliopayments.com. Source: over 1 year ago
  • Invoicing app that is not too fancy.
    Oh Sorry. I didn't realize. I had a vendor just switch to Melio. They're similar in that you can choose a wire or a card etc. Maybe that'll work? meliopayments.com. Source: over 2 years ago

What are some alternatives?

When comparing Ramp and Melio, you can also consider the following products

Brex - The first corporate card for startups

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

Mercury - Mercury is banking* for startups

Metaprise - Pay & Get Paid The Way You Want.

Spendesk - Smart spending solution for agile teams

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...