diff --git a/plugins/woocommerce/changelog/fix-50543-additional-payments-use-default-gateways b/plugins/woocommerce/changelog/fix-50543-additional-payments-use-default-gateways
new file mode 100644
index 00000000000..ef2ef6f4773
--- /dev/null
+++ b/plugins/woocommerce/changelog/fix-50543-additional-payments-use-default-gateways
@@ -0,0 +1,4 @@
+Significance: patch
+Type: update
+
+Update AdditionalPayments task to use default payment gateways
diff --git a/plugins/woocommerce/src/Admin/Features/OnboardingTasks/Tasks/AdditionalPayments.php b/plugins/woocommerce/src/Admin/Features/OnboardingTasks/Tasks/AdditionalPayments.php
index 672b9a4a932..f5cdd68fedd 100644
--- a/plugins/woocommerce/src/Admin/Features/OnboardingTasks/Tasks/AdditionalPayments.php
+++ b/plugins/woocommerce/src/Admin/Features/OnboardingTasks/Tasks/AdditionalPayments.php
@@ -188,7 +188,7 @@ class AdditionalPayments extends Payments {
 	 */
 	private static function get_suggestion_gateways( $filter_by = 'category_additional' ) {
 		$country            = wc_get_base_location()['country'];
-		$plugin_suggestions = Init::get_suggestions();
+		$plugin_suggestions = Init::get_cached_or_default_suggestions();
 		$plugin_suggestions = array_filter(
 			$plugin_suggestions,
 			function( $plugin ) use ( $country, $filter_by ) {
diff --git a/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/Init.php b/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/Init.php
index 581f86b80b8..b6a7712aa18 100644
--- a/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/Init.php
+++ b/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/Init.php
@@ -61,6 +61,31 @@ class Init extends RemoteSpecsEngine {
 		return $specs_to_return;
 	}
 
+	/**
+	 * Gets either cached or default suggestions.
+	 *
+	 * @return array
+	 */
+	public static function get_cached_or_default_suggestions() {
+		$specs = 'no' === get_option( 'woocommerce_show_marketplace_suggestions', 'yes' )
+			? DefaultPaymentGateways::get_all()
+			: PaymentGatewaySuggestionsDataSourcePoller::get_instance()->get_cached_specs();
+
+		if ( ! is_array( $specs ) || 0 === count( $specs ) ) {
+			$specs = DefaultPaymentGateways::get_all();
+		}
+		/**
+		 * Allows filtering of payment gateway suggestion specs
+		 *
+		 * @since 6.4.0
+		 *
+		 * @param array Gateway specs.
+		 */
+		$specs   = apply_filters( 'woocommerce_admin_payment_gateway_suggestion_specs', $specs );
+		$results = EvaluateSuggestion::evaluate_specs( $specs );
+		return $results['suggestions'];
+	}
+
 	/**
 	 * Delete the specs transient.
 	 */
diff --git a/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/PaymentGatewaySuggestionsDataSourcePoller.php b/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/PaymentGatewaySuggestionsDataSourcePoller.php
index 5e3608b635d..d53ac724afd 100644
--- a/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/PaymentGatewaySuggestionsDataSourcePoller.php
+++ b/plugins/woocommerce/src/Admin/Features/PaymentGatewaySuggestions/PaymentGatewaySuggestionsDataSourcePoller.php
@@ -2,7 +2,7 @@
 
 namespace Automattic\WooCommerce\Admin\Features\PaymentGatewaySuggestions;
 
-use Automattic\WooCommerce\Admin\DataSourcePoller;
+use Automattic\WooCommerce\Admin\RemoteSpecs\DataSourcePoller;
 
 /**
  * Specs data source poller class for payment gateway suggestions.
diff --git a/plugins/woocommerce/src/Admin/RemoteSpecs/DataSourcePoller.php b/plugins/woocommerce/src/Admin/RemoteSpecs/DataSourcePoller.php
index 0769d65ffa6..d0812fd5ffa 100644
--- a/plugins/woocommerce/src/Admin/RemoteSpecs/DataSourcePoller.php
+++ b/plugins/woocommerce/src/Admin/RemoteSpecs/DataSourcePoller.php
@@ -126,6 +126,29 @@ abstract class DataSourcePoller {
 		return false !== $specs ? $specs : array();
 	}
 
+	/**
+	 * Gets specs from cache if it exists.
+	 *
+	 * @return array list of specs.
+	 */
+	public function get_cached_specs() {
+		$locale      = get_user_locale();
+		$specs_group = get_transient( $this->args['transient_name'] ) ?? array();
+		$specs       = isset( $specs_group[ $locale ] ) ? $specs_group[ $locale ] : null;
+
+		/**
+		 * Filter specs.
+		 *
+		 * @param array      $specs List of specs.
+		 * @param string     $this->id Spec identifier.
+		 *
+		 * @since 8.8.0
+		 */
+		$specs = apply_filters( self::FILTER_NAME_SPECS, $specs, $this->id );
+
+		return false !== $specs ? $specs : array();
+	}
+
 	/**
 	 * Reads the data sources for specs and persists those specs.
 	 *
diff --git a/plugins/woocommerce/tests/legacy/unit-tests/woocommerce-admin/features/payment-gateway-suggestions/payment-gateway-suggestions.php b/plugins/woocommerce/tests/legacy/unit-tests/woocommerce-admin/features/payment-gateway-suggestions/payment-gateway-suggestions.php
index 74f18eb6f30..728c78ce286 100644
--- a/plugins/woocommerce/tests/legacy/unit-tests/woocommerce-admin/features/payment-gateway-suggestions/payment-gateway-suggestions.php
+++ b/plugins/woocommerce/tests/legacy/unit-tests/woocommerce-admin/features/payment-gateway-suggestions/payment-gateway-suggestions.php
@@ -117,6 +117,69 @@ class WC_Admin_Tests_PaymentGatewaySuggestions_Init extends WC_Unit_Test_Case {
 		$this->assertEquals( $expected_suggestions[1]['id'], $suggestions[1]->id );
 	}
 
+	/**
+	 * Test that specs are read from cache when they exist.
+	 */
+	public function test_cached_or_default_suggestions_when_cache_exist() {
+		// Arrange.
+		$expected_suggestions = array(
+			array(
+				'id' => 'mock-gateway1',
+			),
+			array(
+				'id' => 'mock-gateway2',
+			),
+		);
+		set_transient(
+			'woocommerce_admin_' . PaymentGatewaySuggestionsDataSourcePoller::ID . '_specs',
+			array(
+				'en_US' => $expected_suggestions,
+			)
+		);
+
+		// Act.
+		$suggestions = PaymentGatewaySuggestions::get_cached_or_default_suggestions();
+
+		// Assert.
+		$this->assertCount( count( $expected_suggestions ), $suggestions );
+		$this->assertEquals( $expected_suggestions[0]['id'], $suggestions[0]->id );
+		$this->assertEquals( $expected_suggestions[1]['id'], $suggestions[1]->id );
+	}
+
+	/**
+	 * Test that specs are read from default when cache is empty.
+	 */
+	public function test_cached_or_default_suggestions_when_cache_empty() {
+		// Arrange.
+		PaymentGatewaySuggestionsDataSourcePoller::get_instance()->delete_specs_transient();
+
+		// Act.
+		$suggestions = PaymentGatewaySuggestions::get_cached_or_default_suggestions();
+
+		// Assert.
+		$default_suggestions = EvaluateSuggestion::evaluate_specs( DefaultPaymentGateways::get_all() )['suggestions'];
+
+		$this->assertEquals( $default_suggestions, $suggestions );
+	}
+
+
+	/**
+	 * Test that default gateways are provided when remote sources don't exist.
+	 */
+	public function test_cached_or_default_suggestions_when_marketplace_suggestions_off() {
+		// Arrange.
+		update_option( 'woocommerce_show_marketplace_suggestions', 'no' );
+		PaymentGatewaySuggestionsDataSourcePoller::get_instance()->delete_specs_transient();
+
+		// Act.
+		$suggestions         = PaymentGatewaySuggestions::get_cached_or_default_suggestions();
+		$default_suggestions = EvaluateSuggestion::evaluate_specs( DefaultPaymentGateways::get_all() )['suggestions'];
+
+		// Assert.
+		$this->assertEquals( $suggestions, $default_suggestions );
+	}
+
+
 	/**
 	 * Test that non-matched suggestions are not shown.
 	 */