Plastiq

RATING:

4.5

(26)

About Plastiq

Plastiq is an online payments platform that empowers businesses to send and receive payments through multiple methods including debit or credit card, ACH, or wire transfer. The solution allows users to manage payables, receivables and cash flow through a range of features such as automated invoice data capture, shareable payment links, instant payment reconciliations, accounting software sync, and more.

Awards and Recognition

FrontRunner 2024
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

Plastiq Pricing

Sign up for a Plastiq account for free. Payables: - Send ACH/bank transfers with no fees (and without bank-like limits) - Credit card payments have a flat rate 2.9% - Wire transfers are $5 for domestic Recievables: - Accept credit, debit or ach with no fees.

Free trial: 

Available

Free version: 

Available

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Plastiq Reviews

Overall Rating

4.5

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4

Value for money

4

Functionality

4.5

Most Helpful Reviews for Plastiq

1 - 5 of 26 Reviews

Brian

Wholesale, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2022

Great option for our business.

PROS

The feature that attracted us to Plastiq was we could use credit cards to pay vendors who do not accept them or charge a higher percentage than we would pay Plastiq.

CONS

The fee is reasonable but could be a little lower to match some other competitors out there.

Reason for choosing Plastiq

We liked the platform more and it allows you to pay Intl vendors.

Moshe

Wholesale, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2022

We have been using Plastiq for 4 years and love it.

PROS

It’s an easy-to-use platform that has been pivotal in helping our business grow. We use Plastiq to make sure we can keep more working capital on hand by paying with our credit card. The flexibility to use them for all payment types though, allows us to manage most of our cash flow through the one platform. Plastiq is a hidden gem in all the ways you can use it to help your business.

CONS

Currently, they have their software and customer service down pat!

Todd

Real Estate, 2-10 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

3

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed October 2023

Plastiq Customer Service Downhill

It use to be pretty good. Now, it's pretty bad!

PROS

Good for job costing and invoice processing

CONS

Terrible Customer Service and No Online Chat Support with Agents

Sam

Marketing and Advertising, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2022

Payments and rewards

PROS

We have been strong advocates of Plastiq for years. We use Plastiq to take advantage of various credit card rewards and its easy-to-use interface for our business payables. Plastiq offers both domestic and international payments with credit cards and integrates well with our AP software. We could not recommend enough!

CONS

Plastiq is continually upgrading their product, do not have any Cons.

Muhammad Salman

Design, 2-10 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed November 2022

Ease of payment processing with multiple options

Overall, my experience with Plastiq is very good. Payments were made as shown in the final screen during payment and nothing is hidden in terms of charges and/or any criteria for payment processing.

PROS

Easy to navigate and select options, secure transactions, dashboard shows all previous activities and provide option to repeat the same option without filling out all the details again.

CONS

Some vendors, companies did not show up during search but those companies have agreements with Plastiq for payment processing and I receive the link from those vendors to carry out the payments. This was weird as if the vendor has an agreement with Plastiq then that vendor should show up during search.Another thing I don't like is that if I want to pay tomorrow then there is no option available for urgent processing of payment.