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How does ipaymy work?

Breaking down how ipaymy works.

Updated over 2 weeks ago

💡 Why use ipaymy?

ipaymy lets you use your credit card to pay expenses that normally require cash, bank transfer, or cheque — even if your recipient doesn’t accept cards. Common payments include rent, salary, invoices, insurance, tax, car loans and more.

⚙️ How it works

1. Enter your payment details

Tell us who you’re paying, what the payment is for, and the amount.

2. Choose One-Time or Recurring

Set a single payment or automate it monthly.

3. Your credit card is charged

We charge your card the payment amount plus a small processing fee.

4. ipaymy sends the payout

We transfer the funds to your recipient’s bank account on your selected payout date, even if they don’t accept cards.

5. You enjoy extended cash flow

You only repay your card when your statement is due, giving you up to 55 days of extra cash on hand, plus miles, points, or cashback depending on your card.

Why people use ipaymy?

ipaymy is designed for:

  1. Pay large bills with a credit cards

  2. Earn rewards on transactions that usually don’t earn any

  3. Extend cash flow for up to 55 days

  4. Pay recipients who don’t accept cards

  5. Automate monthly payments ​

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