Suggest credit card and way

[CC Enthu]

I have employees working for me. I want to pay their salaries via credit card. Suggest me a credit card and ways to pay them. Thanks in advance.

 

[6ix9ine]

Damn, didn't know we will see this type of usage of CC's

 

[Jhon Anand]

I have employees working for me. I want to pay their salaries via credit card. Suggest me a credit card and ways to pay them. Thanks in advance.

Would discourage this kind of practice if you don't wanna deal with legal repercussions that will follow

 

[CC Enthu]

Would discourage this kind of practice if you don't wanna deal with legal repercussions that will follow

What kind of legal percussion?

 

[kiwi195]

The bank might flag your card for non personal use.. they’re not meant for paying salaries

 

[dexter_greycells]

OP is certainly living up to their screen name 😆

 

[CC Enthu]

The bank might flag your card for non personal use.. they’re not meant for paying salaries

Can we use business credit card for this purpose then ?

 

[Jhon Anand]

Can we use business credit card for this purpose then ?

Nope, you can't pay salary using any type of credit card

You can use business card for all types of payments including tax/GST to government.

 

[kiwi195]

Can we use business credit card for this purpose then ?

Nope. It is advisable not to skimp on salaries for a few points or cashback. May attract unnecessary trouble. You can utilize business cards like HDFC biz series for your business purchases and save on tax

 

[CC Enthu]

Ok. I think I will stop this post and delete it.

 

[HumorSimpson]

May be buy AGVs in bulk and pay them in agv.

 

[CC Enthu]

May be buy AGVs in bulk and pay them in agv.

No they want money in bank account.

 

[HumorSimpson]

No they want money in bank account.

Join them in RML and ask them to sell.

 

[dexter_greycells]

RBI banned a similar practice because it was plain illegal -

https://www.business-standard.com/economy/news/without-naming-rbi-restrains-commercial-card-payments-by-one-network-124021501564_1.html

 

[Jhon Anand]

May be buy AGVs in bulk and pay them in agv.

I hope you never employ anyone with the kind of thinking you have. I can't even dream of having salary as voucher instead of money. Just how far can a person fall for some points/cashback.

 

[HumorSimpson]

I hope you never employ anyone with the kind of thinking you have. I can't even dream of having salary as voucher instead of money. Just how far can a person fall for some points/cashback.

That was a comical response. No jeevi (living being) will work for a GV.