Payment products

Auth is a flexible solution for account and routing number verification that can be used with either a Plaid payments processor partner, or any other processor of your choice, for payments processing. Auth is typically used along with Balance and/or Signal to reduce ACH return risk, and is sometimes used with Identity to reduce account takeover risk.

Transfer is an end-to-end payment processing solution that performs funds transfers. Transfer incorporates balance checks, so you only need to use Balance or Signal if you wish to build your own custom mitigation rules. Transfer is sometimes used with Identity to reduce account takeover risk.

Auth provides the most flexibility in terms of supported use cases and integration modes, while Transfer provides a single, end-to-end solution for funds transfers.

Balance gets real-time balances to reduce ACH risk and is typically used with Auth. A balance check engine is built in to Transfer, so Balance is only used with Transfer if using your own custom balance thresholds.

Signal uses ML modeling to predict the risk of ACH returns with the lowest latency and can be used with either Auth or Transfer.

Balance is a simple and affordable solution for predicting closed account and insufficient funds returns (over 75% of returns). Signal is a premium, higher-priced solution that provides greater accuracy and much lower latency in assessing return risk to reduce abandon rates during critical flows in the user funnel, such as checkout and account funding. Signal is recommended for more sophisticated risk management teams willing to configure and tune score thresholds, high-risk use cases, or for asynchronous flows where avoiding user abandons during the risk check is critical.

Identity compares account info you hold about your customers to bank account ownership details to reduce account takeover risk. It is commonly used with Auth and Transfer, especially in high risk use cases.

Identity Match is an optional add-on to Identity that provides greater ease of integration and data minimization. Customers using Identity Match can experience onboarding conversion improvements of 20% or more, without increasing fraud rates, when using Identity Match versus using their own matching algorithms.

Investments Move (US/CA only) is designed specifically for automating data entry and reducing user friction for brokerage-to-brokerage ACATS and ATON transfers, helping reduce abandon rates and failed transfers for new users moving their assets to your brokerage. Unlike other products on this page, it cannot be used to move money between bank accounts, only to move holdings from one brokerage to another.

Payment Initiation, available only in the UK and EU, enables your users to make real-time payments without manually entering their account number and sort code, or leaving your app.

Virtual Accounts enables wallet-based features for your payments. Virtual Accounts can be used alongside Payment Initiation to enhance its capabilities with returns, settlement status visibility, and payouts, and can also be used on its own, without Payment Initiation, to add wallet capabilities to apps that accept bank transfers from other sources.