Send business payments faster with a Plooto Instant pre-funded account

Plooto Instant is a pre-funded payment wallet built into your Plooto account. Fund it from your bank, then draw from it when making payments to reduce processing time. Hold CAD and USD balances from one account and sync every transaction with QuickBooks, Xero, or NetSuite.

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How the Plooto Instant pre-funded account works

Cut the time it takes to send payments by half, and never worry about running late on bills and invoices again.

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Pre-fund your Account

Fund your Plooto Instant account from a verified bank account.

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Select Plooto Instant

Select your Plooto Instant account when you're making a payment.

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Send Payments Faster

Send payments from your Plooto Instant funds and reduce processing times.

Bank-level security with two-factor authentication on every payment

Access and manage your funds at any time. Plooto encrypts all transiting and at-rest data, offers two-factor authentication (2FA), and partners with Tier 1 banks to adhere to stringent security and auditing standards.

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Hold and manage CAD and USD balances from one account

Hold and send funds in multiple currencies (CAD and USD) from one place, eliminating the need for multiple accounts and their hefty fees.

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Smart integrations with accounting software

Two-way sync with top accounting software like QuickBooks, Xero, and NetSuite to eliminate data entry errors and gain more accurate books.

More about QuickBooks >

More about Xero >

More about NetSuite >

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Even more options. Even more payment flexibility.

bankPay by Card

Make payments with your credit card, and your vendors get paid via EFT, ACH, or check. Free up cash flow, earn rewards, and capitalize on discounts.  

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Skip the in-person signatures and approvals when you pay via check. Full-service includes printing and mailing.

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Make payments around the world and enjoy competitive exchange rates without the transfer fees*.

*Excludes fees on non foreign exchange, check, and same-currency transactions. Industry and discretionary rates apply, and are subject to change. A complete conversion cost estimate is viewable when payment is created or via our foreign exchange calculator.

Learn more >

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14k+ businesses trust Plooto

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See what businesses like yours are saying

Jonathan Tebeka

Jonathan Tebeka
Founder & CEO
ShelvingMate

“Now we send all our payments to our suppliers with a click of a button.”

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Emily Ahier
Finance Manager
Greenhouse

“Using the Plooto platform we save approximately 40+ hours a month.”

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Tom Yawney
Director of Business Development
The Influence Agency

“We can send everything in a moment, very, very simple!”

Plooto Instant vs. Plooto Express

Plooto Instant is a pre-funded wallet for ongoing faster payment management. Plooto Express is a per-payment next-day delivery option for any individual payment. Use Instant to hold a balance and reduce processing time generally. Use Express when a specific payment must arrive the next business day.
Plooto Instant Express

FAQs

What is Plooto Instant?

Plooto Instant is a virtual wallet designed to accelerate the process of sending and receiving payments, providing businesses with faster and more efficient financial transactions.

Can I hold US dollars in a Plooto Instant account?

Yes. Plooto Instant supports both CAD and USD balances, so you can pay Canadian and US vendors from the same pre-funded account.

How does Plooto Instant work?

Plooto Instant works by allowing users to pre-fund their account from a verified bank account, selecting the Plooto Instant account when making payments, and sending payments from the Plooto Instant funds to reduce processing times.

Is Plooto Instant secure?

Yes, Plooto Instant prioritizes security. We employ extensive security protocols to keep your payments safe and ensure the protection of your funds.

What is the difference between Plooto Instant and Plooto Express?

Plooto Instant is a pre-funded wallet for ongoing faster payment management. Plooto Express is a per-payment next-day delivery option for any individual payment. Use Instant to hold a balance and reduce processing time generally. Use Express when a specific payment must arrive the next business day.

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