11 May

Payment Service

Plastiq’s Move To Service Small Business Puts It Competition With PayPal

Payments Source (5/7, Adams) reported payment technology firm Plastiq “originally served only consumers, and it switched its focus to small to medium-sized businesses right before the pandemic strained cash flows.” The move “put Plastiq in competition with a growing range of payment technology companies such as Stripe, PayPal and Square, as well as other technology firms including Ekata and MagicCube that are adding onboarding and merchant services to existing payment technology.”

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