Exciting news! Plastiq, the popular bill payment service, has filed for bankruptcy under chapter 11 reorganization bankruptcy, but don't worry - there won't be any interruption in bill payment services. Priority Technology Holdings, Inc. is set to acquire the company and continue operations as usual.
And for added peace of mind, credit card protections will cover any potential risks. It's wise to stick with traditional credit cards and have a backup plan just in case. Stay confident and keep on top of your bill payments with Plastiq! Find out more about this development in their press release and court documents, or check out Bloomberg's coverage (paywall).
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