About payment initiation

We have everything your business needs to move money online.

Our Payment Initiation (PIS) technology powers:

  • One-off or recurring payments into accounts, like bank transfers, standing orders, and variable recurring payments.

  • One-off or recurring payments out of accounts, like withdrawals and refunds.

We offer these as standalone services. But they work at their best with our account information services (AIS), like KYC (Know Your Customer) and real-time balance checks.

Product Features
Improve UX/conversion

Improve your user experience and conversion with Plaid’s range of SDKs and integration options, and by removing drop-off from manual bank transfers

Reduce costs

Reduce hefty costs from cards and acquirers with fixed-fee Open Banking payments

Fight fraud

Users authenticate directly with their bank via secure Open Banking integrations, eliminating card and direct debit chargebacks

Offer flexible payment types

Enable users to initiate one-time top ups, or schedule standing orders for recurring deposits (e.g., after they receive their paycheck)

Instant payments

Leverage U.K. Faster Payments rails for instant payments that settle to your account in seconds

Payment confirmation

Payment confirmation notifies you when payments are received in your merchant account so you can ship goods and services with peace of mind.

Plaid offers the most advanced payments experience

By creating your payments journey with us, your customers have an easy, reliable experience. We lead them through a simple process, then they see their payment go through right away. They can trust you from their very first payment.

Integration Options

Plaid Link

Plaid Link is the fastest way to get started, is optimised for conversion, and used by thousands of users every day. It’s constantly updated, so you get the benefits of the full Plaid platform in your UX.

Modular Link

With Modular Link, customers can customise elements of account connection flow by selecting from our prebuilt modules and SDKs. For customers with a PISP license, we also offer a whitelabeled option for full user-interface control.

Questions about how Plaid can fit into your business?

Our Sales team can help you find the right solution. Fill out the form and we’ll get in touch shortly.

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This form goes to our sales team. If you have questions about connecting your financial accounts to a Plaid-powered app, visit our consumer help center for more information.