Via the partnership between the two companies, customers can track, manage, and control every dollar of their company's spend in a single place, including larger expenses that don't normally fit on a credit card like rent, advertising, and supplier costs.
Plastiq allows businesses to pay by credit card, even when cards aren't accepted, so they can increase working capital, scale rapidly, and be more agile. On the other hand, Ramp is a corporate card and spend management platform, which helps companies control every dollar and spend less with unlimited 1.5% cash back. As such, customers are enabled to charge large expenses on their Ramp card and leverage Plastiq to instantly pay suppliers via ACH, wire or check. In addition, businesses using Ramp will benefit from exclusive rates for transactions processed by Plastiq, as a part of a larger programme that provides discounts for key services to help businesses save more.
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