Using Plastiq Connect APIs, your customer can use a card as a form of Payment.
Credit cards and debit cards are currently supported via Plastiq Connect.
A credit card is a financial instrument issued by a bank or financial services company, that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.
Credit cards impose the condition that cardholders pay back the borrowed money, plus any applicable interest, as well as any additional agreed-upon charges, either in full by the billing date or over time.
An example of a credit card is the Chase Sapphire Reserve.
A debit card is a payment card that deducts money directly from a consumer’s or business's checking account when it is used.
Also called “check cards” or "bank cards," they can be used to buy goods or services; or to get cash from an automated teller machine or a merchant who'll let you add an extra amount onto a purchase.
A prepaid debit card is much like a gift card: It allows you to spend whatever amount of money is stored on the card.
Once the balance is used up, you can reload the card online or at an ATM, a participating store, or other physical location. Prepaid debit cards are issued by banks and branded by major credit card companies, including Visa, MasterCard, and Discover.
Updated 8 months ago