Plastiq HackDay 2021
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New Visa Processing Program Means Smoother Payments
We’re excited to announce a new processing program for Visa personal cards on Plastiq! All Visa personal cards on Plastiq are unblocked in the following payment categories:
-Residential Rent & HOA Fees
-Taxes & Government Fees
-Utilities (Electricity, Gas, Sanitation, Sewer)
-Tuition (including daycare and camp)
All other U.S. Visa personal card payments made through Plastiq will continue to be categorized as quasi-cash. Each card issuer has different treatments for quasi-cash payments and we recommend that you read our Visa personal card issuer policies in our Help Center or reach out to your card issuer for more information.
Visa business and commercial card payments on Plastiq will continue to process as standard purchases. Also, Canadian payments are not subject to these classifications and will continue to process as standard purchases.
Our team is always working to improve your experience with Plastiq and we hope Visa will add more payment categories to this program in the future. These changes will create a smoother, more straight forward payment process for you and your payment recipients.
We hope you enjoy these improvements and thank you for being a valued Plastiq customer.