{"id":8895,"date":"2019-08-21T13:48:00","date_gmt":"2019-08-21T13:48:00","guid":{"rendered":"https:\/\/www.plastiq.com\/?p=8895"},"modified":"2021-07-28T18:35:18","modified_gmt":"2021-07-28T18:35:18","slug":"plastiq-platform-available-to-us-visa-commercial-cardholders","status":"publish","type":"post","link":"https:\/\/www.plastiq.com\/plastiq-platform-available-to-us-visa-commercial-cardholders\/","title":{"rendered":"Plastiq Platform Available to US Visa Commercial Cardholders\u00a0"},"content":{"rendered":"\n

U.S. Bank is the Latest Financial Institution to Enable its SMB Visa Cardholders to Pay Vendors through Plastiq<\/em><\/p>\n\n\n\n

SAN FRANCISCO\u2014August <\/strong>21<\/strong>,<\/strong> 2019\u2014<\/strong>Plastiq<\/a> today announced<\/a> US Visa commercial cardholders can now use its platform to pay vendors, even those who currently do not accept card payments. Today, less than 12% of B2B Payments are made by cards according to a Credit Research Foundation<\/a> survey. By opening its platform to Visa commercial cardholders, Plastiq is providing businesses more flexibility and control over how they use their cards to manage their cash flow and finances.<\/p>\n\n\n\n

U.S. Bank recently introduced a new small business credit card, called U.S. Bank Business Leverage\u2122 Visa Signature\u00ae. This new business card accelerates rewards in the categories where customers spend the most each month, including raw materials and supply chain purchases such as construction materials, commercial equipment, medical supplies or advertising. These cardholders can now use Plastiq to pay even more of their expenses with their U.S. Bank card to help access working capital and reap additional rewards.<\/p>\n\n\n\n

\u201cBusiness owners know how to run their businesses efficiently,\u201d said John Steward, President of U.S. Bank Retail Payment Solutions. \u201cWe worked closely with owners to develop the U.S. Bank Business Leverage card. One of the messages we heard loud and clear is they want maximum value on spend they\u2019re already making. Now with Plastiq and Visa, our cardholders have expanded options to use their cards with more vendors and earn rewards on more purchases than they would with other forms of payment.\u201d<\/p>\n\n\n\n

Commercial cards are the most accessible financing tool for many businesses, providing a revolving line of credit they can immediately use to fund or expand business operations. With Plastiq, business owners can pay a large majority of their expenses by credit card, which allows them to better manage cash flow, tap early pay discounts and earn card rewards.<\/p>\n\n\n\n

Sherman Chang, CEO of Trekology, and a U.S. Bank Visa commercial cardholder said, “Plastiq lets us pay for commercial inventory and logistics with company credit cards\u2014expenses totaling millions of dollars that we used to pay by check. The Plastiq platform helps us better manage our cash flow, is very user friendly and saves us both time and money. Plus, we use points earned to offset travel expenses.\u201d<\/p>\n\n\n\n

\u201cWe\u2019re excited to see Plastiq open its platform to Visa commercial cardholders,\u201d said Taira Hall, vice president, head of partnerships and new initiatives, Visa Business Solutions. \u201cCompanies \u2013 from small to large \u2013 now have more options to manage their cash flow when it comes to paying with their Visa cards for business-critical expenses such as inventory and commercial rent.\u201d<\/p>\n\n\n\n

\u201cBusinesses want the flexibility and convenience of using their cards to pay for any expense, whether it is rent, inventory or other supplies. We are excited to help simplify payments for businesses that rely on their Visa cards and Plastiq to pay for expenses when and how they want,\u201d said Eliot Buchanan, Plastiq\u2019s CEO and co-founder.<\/p>\n\n\n\n

About Plastiq<\/strong><\/p>\n\n\n\n

Plastiq is bill pay with benefits, enabling businesses and consumers to use a credit card for virtually any expense, even ones that normally require a check. With Plastiq, it is easier for businesses to access working capital in ways that make the most sense for them, tap early-payment discounts and earn credit card rewards. Plastiq works with all major credit card providers, including American Express, Discover, Mastercard, Visa, and JCB, and its payments platform has signed up more than one million clients, processing billions in payments for a wide range of expenses, from business supplier payments, to contractors, to taxes and rent. Learn more at www.plastiq.com<\/a>.<\/p>\n\n\n\n

Media Contact:<\/strong><\/p>\n\n\n\n

Melissa Neumann<\/p>\n\n\n\n

408-666-1946<\/p>\n\n\n\n

melissa@manerasolutions.com<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. Bank is the Latest Financial Institution to Enable its SMB Visa Cardholders to Pay Vendors through Plastiq SAN FRANCISCO\u2014August 21, 2019\u2014Plastiq today announced US Visa commercial cardholders can now use its platform to pay vendors, even those who currently do not accept card payments. Today, less than 12% of B2B Payments are made by…<\/p>\n","protected":false},"author":59,"featured_media":8896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[134,38],"tags":[],"featured_post":[],"resource_type":[127],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/posts\/8895"}],"collection":[{"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/comments?post=8895"}],"version-history":[{"count":1,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/posts\/8895\/revisions"}],"predecessor-version":[{"id":8897,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/posts\/8895\/revisions\/8897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/media\/8896"}],"wp:attachment":[{"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/media?parent=8895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/categories?post=8895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/tags?post=8895"},{"taxonomy":"featured_post","embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/featured_post?post=8895"},{"taxonomy":"resource_type","embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/resource_type?post=8895"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.plastiq.com\/wp-json\/wp\/v2\/yst_prominent_words?post=8895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}