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Comparison Butter vs. plastiq Payment Solutions Vendor Comparison

Butter and plastiq are Payment Solutions vendors.

butterpayments.com
Butter Recovers lost revenue from failed payments. They focus on Payment Optimization & Revenue Recovery.

plastiq.com
plastiq Facilitating payments by credit card globally. They focus on Payment Processing & Infrastructure.

Butter or plastiq?
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Butter

"Recovers lost revenue from failed payments."
Focused on Payment Optimization & Revenue Recovery .
Butter Payments optimizes failed payment recovery using machine learning to increase revenue. It acts immediately after a payment failure, tailoring retry strategies through data models. It integrates with existing payment platforms to streamline operations without requiring personal data. This boosts both transaction success and customer lifetime value.

Key Features & Benefits

Superior payment recovery success
Butter Payments claims that they recover 166% more lost revenue than traditional payment recovery methods.
Advanced machine learning techniques
Butter Payments claims that their machine learning tech optimizes failed payment recovery, leading to 10%+ ARR growth.
Revenue-oriented customer partnerships
Butter Payments claims they don't make money unless they recover your revenue, focusing on shared success.

plastiq

"Facilitating payments by credit card globally."
Focused on Payment Processing & Infrastructure .
Plastiq allows businesses to pay any vendor by credit card, even if the vendor doesn’t accept it directly. They deliver payments through wires, ACH transfers, or checks. Marketers can control cash flow by deferring card repayment and sync transactions seamlessly with accounting software, keeping everything in one place.

Key Features & Benefits

Payment method flexibility
Plastiq claims that they offer unparalleled flexibility in payment methods, allowing payments even when vendors don't accept cards.
Zero merchant fees
Plastiq claims that they offer card payment acceptance with zero merchant fees, simplifying transactions for businesses.
Seamless cash flow extension
Plastiq claims that they extend cash flows for businesses by allowing bill pay without immediate cash outlay.
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