Business introduction
The safer way for your users to link financial accounts
The most trusted digital finance platform
Make digital finance possible
We make it easy for people to securely connect their financial accounts to the FinTech services they choose. Our developer-friendly platform supports over 12,000 financial institutions so the over 8,000 digital financial services built on Plaid can be accessible to everyone.
Plaid Solutions
Assets
Snapshot of a user’s finances Retrieve a consolidated summary showing account balances, historical transactions, and account holder identity information Transaction insights Review clean transaction data that includes category and merchant name—data is standardised across institutions Open Banking/PSD2 integrations Plaid’s integrations are Open Banking and PSD2 compliant, delivering secure and reliable access to the UK and......
business needs
view solutionAuth
Increase conversion rates Retrieve account number, sort code, IBAN, and BIC automatically within your application’s flow Prevent misdirected payments Ensure users set up payments with the correct account number and sort code Open Banking and PSD2 integrations Plaid’s integrations are Open Banking and PSD2 compliant, delivering secure and reliable access to the UK and European......
business needs
view solutionBalance
Real-time data Verify real-time account balances Open Banking/PSD2 integrations Plaid’s integrations are Open Banking and PSD2 compliant, delivering secure and reliable access to the UK and European financial ecosystems. ...
business needs
view solutionIdentity
Verify user identities using bank data Retrieve the full name on the account—data can be used to complement KYC procedures Open Banking/PSD2 integrations Plaid’s integrations are Open Banking and PSD2 compliant, delivering secure and reliable access to the UK and European financial ecosystem ...
business needs
view solutionPayment Initiation
User experience Your users can initiate payments without leaving your app or website, improving their experience and increasing conversions Verify payment status Reduce the possibility of misdirected payments by verifying the recipient account and confirming payment status Reduce costs Payment Initiation uses Faster Payments rails for low-cost payments ...
business needs
view solutionTransactions
Comprehensive data Retrieve 5+ years of transaction data, including merchant and category information Continuous transaction updates Stay up-to-date by receiving notifications via a webhook whenever there are new transactions associated with linked accounts Open Banking/PSD2 integrations Plaid’s integrations are Open Banking and PSD2 compliant, delivering secure and reliable access to the UK and European financial......
