Independent Audit Report
Plastiq
VS
Unit

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
Unit wins with 4/5 stars — best for Fintechs and businesses wanting to embed bank accounts, cards, and payment capab. ⬇ Scroll for full 20-point audit
Best For
Plastiq vs Unit
Small business owners and consumers wanting to pay rent, mor... vs Fintechs and businesses wanting to embed bank accounts, card...
Fee Structure
Plastiq vs Unit
2.99% per transaction for credit and debit cards; ACH transf... vs B2B platform; custom pricing based on transaction volume and...
Rating
Plastiq vs Unit
3/5 ★ vs 4/5 ★
Plastiq
Credit Card Bill Pay & Business Payables Platform
Best For Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days
Core Fee 2.99% per transaction for credit and debit cards; ACH transfers $0.99/payment; check delivery $1.49/payment; no monthly subscription or setup fees
Settlement ACH bank transfers typically 1–3 business days; wire transfers same day; check delivery up to 8 business days; payments sent with your name and account number to recipients
Visit Plastiq ↗
Unit
Embedded Banking & Card Infrastructure (BaaS)
Best For Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
Core Fee B2B platform; custom pricing based on transaction volume and services
Settlement Real-time account opening and transaction processing; API-first infrastructure; instant card issuance
Visit Unit ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Plastiq and Unit before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Plastiq Unit
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
3/5
Plastiq: rated on fees, features, safety & ease of use
4/5
Unit: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
2.99% per transaction for credit and debit cards; ACH transfers $0.99/payment; check delivery $1.49/payment; no monthly subscription or setup fees B2B platform; custom pricing based on transaction volume and services
FX / Conversion SpreadMarkup above mid-market exchange rate
Plastiq charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Unit charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
No monthly fees — Plastiq does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
Custom/tiered pricing — Unit's fee structure depends on your account tier or usage volume.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Plastiq offers virtual cards. Check the Plastiq app under card settings for current issuance fees.
Check Plastiq app for current card fees
Unit offers virtual cards. Check the Unit app under card settings for current issuance fees.
Check Unit app for current card fees
Domestic SettlementLocal bank transfer completion time
Plastiq
ACH bank transfers typically 1–3 business days; wire transfe
VS
Unit
Real-time account opening and transaction processing; API-fi
✓ Unit is faster (instant vs ACH bank transfers typically 1)
Cross-Border SpeedInternational corridor settlement time
Plastiq supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Unit supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Plastiq publishes service status updates on its official status page for transparency.
Check Plastiq status page for incident history
Unit publishes service status updates on its official status page for transparency.
Check Unit status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
PCI DSS compliant; filed Chapter 11 bankruptcy in May 2023 but continues operating; blocks payments flagged as potential cash advances; SOC-compliant infrastructure
✓ Licensed
Banking via partner FDIC-insured institutions; regulatory compliance; standard BaaS security and fraud prevention
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Plastiq holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Plastiq
FDIC insured — your funds are protected up to applicable limits.
Verify current coverage directly with Unit
2FA & AuthenticationMulti-factor security implementation
Plastiq supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Unit offers multi-factor authentication. Enable 2FA in account security settings. Biometric and PIN options vary by device.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Plastiq employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Unit monitors transactions for anomalies in real time. You can freeze your card instantly from the app.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Plastiq
Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days
Unit
Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
Platform ClassificationRegulatory and product category
Credit Card Bill Pay & Business Payables Platform Embedded Banking & Card Infrastructure (BaaS)
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Plastiq applies tiered withdrawal limits based on your KYC verification level and business activity.
Log in to see your current limits
Unit applies daily and monthly withdrawal limits based on your account verification tier.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Plastiq supports the currencies and assets listed in its official documentation.
Check Plastiq official site for full currency list
Unit supports the currencies and assets listed in its official documentation.
Check Unit official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Plastiq app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Unit is available on both iOS and Android. Rating varies by region.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Plastiq routes support through its official help channels. Priority queue access varies by plan.
Check Plastiq help centre for current support options
Unit offers in-app support and email. Response times may vary by account tier.
Check Unit help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Plastiq business verification may take longer — check the onboarding flow for current timelines.
Verify current wait times in the Plastiq app
Unit typically verifies personal accounts within minutes to 24 hours with a valid ID.
Verify current wait times in the Unit app
Overall VerdictWealthBlueprint independent recommendation
Unit WINS with 4/5 stars vs 3/5.

Why: Unit excels at Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products. It also has a simpler fee structure (B2B platform; custom pricing based on transaction volume and services).

✓ Choose Unit if Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
➜ Plastiq is still solid for Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days
Official WebsiteVisit platform to sign up or verify current fees
Visit Plastiq ↗ Visit Unit ↗

Choose Plastiq If:

  • You need Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days
  • You prefer 2.99% per transaction for credit and debit cards; ACH transfers $0.99/payment; check delivery $1.49/payment; no monthly subscription or setup fees
  • You value ACH bank transfers typically 1–3 business days; wire transfers same day; check delivery up to 8 business days; payments sent with your name and account number to recipients

Choose Unit If:

  • You need Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
  • You prefer B2B platform; custom pricing based on transaction volume and services
  • You value Real-time account opening and transaction processing; API-first infrastructure; instant card issuance
WealthBlueprint Verdict Summary
Plastiq — Best For
Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days
✓ Strong in its core category
Unit — Best For
Fintechs and businesses wanting to embed bank accounts, cards, and payment capabilities into their products
✓ Strong in its core category

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