- Plastiq works with a third-party electronic payment delivery system to send funds via electronic transfer. Recipients labeled Billpay utilize this delivery method.
- Not all businesses are eligible for this delivery method. Billpay transfer recipients are preset and have to be currently listed within a third-party directory. If they are not listed, they will not automatically appear when adding a recipient.
- These payments cannot be canceled once they're processed.
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Billpay Transfer
|
Expedited Billpay Transfer
|
|
|---|---|---|
| Delivery Timeframe? | Delivered in 3 business days. | Delivered in 2 business days. |
| Fee? | 2.85% | 3.35% + $15 |
| Issued by? | Billpay network | Billpay network |
| Tracking? |
No tracking for these payments in-app. If your payment isn't credited within three business days of delivery |
No tracking for these payments in-app. If your payment isn't credited within three business days of delivery |
Required Information
To send funds using this delivery method, we'll need...- Address for the recipient- if your recipient has multiple locations listed, you'll be asked to provide an address. This information is often shown on your invoice or bill.
- Crediting Information- account number or other details your recipient can use to identify your payment. This information is often shown on your invoice or bill.