The following limits apply to Plata Pay™ cardholders as of April 9, 2021;
Maximum Card Balance – $15,000
(Meaning the Plata Pay™ card can have a max of $15,000 reflected on it).
Maximum Load and Reload – $5,000
An employee can receive up to $5,000 in incoming funds per transaction. Note that they will not be able to receive $5,000 per transaction, or per any other transaction amount, if the incoming transaction would increase their card balance to over $15,000.
Maximum Point of Sale Transactions:
Single transaction – $2,500
Daily maximum aggregate transactions: $5,000
Monthly maximum aggregate transactions: $10,000
Maximum ATM Transactions:
Single transaction – $510
Daily maximum aggregate transactions: $2,040
Monthly maximum aggregate transactions: $7,600
Maximum Card-to-Card Transactions: (transfers between card holders, executed with the app)
Single transaction – $300
Daily maximum aggregate transactions: $1,000
Monthly maximum aggregate transactions: $2,000