Plastiq partners with Ramp to enable businesses pay virtually anything with a credit card
By Pavithra R
Plastiq, an intelligent payment solutions provider for businesses, has announced entering into a new partnership with Ramp, America’s fastest-growing corporate card, to help businesses pay for virtually any expense with the Ramp card.
Under the collaboration, customers can track, control and manage every dollar of their company’s spend in a single place, including larger expenses that don’t usually fit on a credit card like rent, supplier costs and advertising.
“For businesses looking to scale rapidly, access to credit and the ability to intelligently manage their payments are paramount. We’re looking forward to working with Ramp to provide their high-growth clients with seamless, reliable access to more working capital. This allows them to maintain their high growth without having to ration inventory supply purchases or advertising spend based on a limited supply of immediately available cash,” said Sameer Gulati, President & COO of Plastiq.
Already, businesses of all sizes rely on Plastiq and Ramp for managing payments and finances. Plastiq enables businesses to pay by credit card, even when cards are not accepted. Ramp offers a corporate card and spend management platform that helps companies control every dollar and spend less with an unlimited 1.5% cashback. The integrated experience will allow customers to charge large expenses on their Ramp card and leverage Plastiq to pay suppliers via ACH, wire or check instantly.
“Ramp is the only corporate card and spend management platform that actually helps businesses spend less. We’ve become America’s fastest-growing spend management platform by helping companies better manage expenses, dig deep into spending trends, and predict future transactions. Our partnership with Plastiq makes our product more powerful because customers can now benefit from a truly comprehensive view of spending — both on vendors that accept card payments and now with Plastiq, those that only take ACH or check. No more connecting the dots between different systems, it all just works,” said Eric Glyman, Co-founder & CEO, Ramp.
Founded in 2012, Plastiq is committed to helping small businesses achieve their growth potential. It offers intelligent payment solutions enabling businesses to pay or accept payment via a credit card or cash for virtually any expense. It has strategic partnerships with U.S. Bank, Visa, Mastercard, Silicon Valley Bank and more and works with all major credit card providers, including Mastercard, Visa, and American Express.
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