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Plastiq Adds Check and ACH Delivery Fees

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Plastiq Adds Check and ACH Delivery Fees

Plastiq charges a 2.9% fee for payments funded with gift cards, credit cards, general-purpose reloadable and non-reloadable cards. There is no base fee for payments sent using the bank account payment method.

But now there’s also an additional delivery fee as of October 24, 2023. You can see the list of fees below:

Payment Delivery Method Delivery Fee
Check/Cheque $1.49
ACH Bank Transfer $0.99
Billpay $0.99
EFT $0.99
Domestic Wire $8.99
International Wire $39.00

Plastiq provides a breakdown of these fees on the payment review screen prior to the submission of your payment.

The 2.9% fee already makes this a non-profitable deal since it cancels out any credit rewards you would earn. And now you will have to pay an extra delivery fee of $0.99 or $1.49 depending on the delivery method that you choose.

HT: Doctor of Credit

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DDG

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