Posted by Chuck on June 6, 2019
Manufactured Spending

Published on June 6th, 2019 | by Chuck

15

Plastiq Now Services International Payments to Businesses in China, Hong Kong, and Singapore

Plastiq officially launches today their servicing international payments to businesses in China, Hong Kong, and Singapore. They started this last month as a test feature done selectively. Starting today, it’s a self-service feature anyone can do from within their Plastiq account. Payments process via wire only. Standard wire fees apply; $50 for international wire + 2.5%.

Plastiq Blog Post

I image there are quite a few Amazon sellers who have suppliers overseas, so this might be an interesting way of racking up points on those business purchases. Plastiq also promises to be adding more countries in the future, and you can email them about processing transactions to other countries already now.

Check out our Plastiq review here. If you’re new to Plastiq, here’s my Plastiq referral link – you’ll get $500 in free processing after doing $500 in paid processing.



15
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
David
David

@ Chuck
Hong Kong is part of the China. THIS IS DIFFERENT FROM TAIWAN VS MAINLAND CHINA, where there is controversy whether Taiwan is independent or not. Hong Kong vs China is more like Taxes vs USA or Catalonia vs Spain. Please fix this as this is really not respectful and wrong.

Ryko
Ryko

David,
personal views about if HK should be part of China or not aside:
Many Texans would be just fine with TX vs USA… just FYI. the only disrespect in that scenario could be classing TX as part of the US.
I’ll also point out that if you know any Catalans your second example is worse still — those that I know will likely strongly disagree with the 2010 ( or was it 2011?) Spanish courts ruling and would be happy to see their status as a nation as enshrined in their legal documents upheld. Believe me…. I’ve heard QUITE a lot about it from ACTUAL Catalans.

David
David

Yes. I am trying to say is that why don’t the western world list TX or Catalonia along with the US or Spain but only Hong Kong?

Hyun
Hyun

Hong Kong has an independent legal and financial system and is essentially a different jurisdiction from mainland China when foreign companies look at the market. It makes perfect sense to list it separately.

It’s like saying it’s disrespectful to list Gibraltar separately from the UK or American Samoa separately from the US. They’re technically part of the other but there is a meaningful distinction. In fact, probably a larger distinction in HK vs. China than in Gibraltar, American Samoa, etc.

CathayFlyer
CathayFlyer

Hong Kong is a part of China, but it is a special administrative region. HK has it own currency that is freely tradable, and mainland Chinese visitors need to request a travel permit to go there. Your Texas and Catalonia examples don’t apply here, stop looking to be offended. Your confusion over HK status is disrespectful to HK people.

David
David

I think the special administrative policy will end in 30 years…..after that it’s essentially the same as Taxes or Catalonia…I think it is you who are confused and know nothing about HK….

Ken
Ken

Chuck can update the post 30 years from now when Hong Kong is fully assimilated. 🙂

Kevin
Kevin

lol….

Jeff
Jeff

Hongkong, China.

imnotashopahic
imnotashopahic

It seems that not only these three “countries/regions” are eligible, as the blog post says make payment to anywhere in the world, and there’s a contact email for “immediate need of international payments to other than CN, HK and SG.”

Also wondering what form of payment will they use. Check is not popular at all in these places.

Back to Top ↑