Author Topic: Plastiq no longer accepting Personal Prepaid Cards from 1/1/20  (Read 294 times)

Offline ukinny

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Plastiq no longer accepting Personal Prepaid Cards from 1/1/20
« on: December 17, 2019, 06:55:52 PM »
Just got an email from them, stating as follows:

"We would like to let you know about a change to our service that may affect you.

As of January 1, 2020, Plastiq will no longer support payments made with personal prepaid debit cards. However, payments made with business prepaid debit cards and payroll cards will continue to be accepted.

After this date, all scheduled payments made with personal prepaid cards will be declined by Plastiq. Starting January 2020, you will be unable to add a personal prepaid debit card to a Plastiq account.
 

From now until January 1, 2020, a limit of $7,500 in total payments will be enforced on Plastiq accounts that continue to utilize this payment method. Once this limit is reached on your account, further payments using a personal prepaid debit card will be rejected.

This change does not impact any payments made with credit or debit cards on the Discover, Mastercard, Visa, and American Express networks.
 
We apologize for any inconvenience that may result from this policy update. If you have any questions or need assistance with your payments, please reach out to our service team via live chat on our website or by email at service@plastiq.com.
Best,"