OUTBOUND BANK PAYMENTS
Instant payouts you can rely on
Plaid verifies accounts, catches issues early, and routes payouts to the fastest rail so money arrives on time.
Why payouts work better with Plaid
Money moves on the fastest rail
Plaid automatically routes payouts over the fastest eligible rail—ACH, RTP, or FedNow—so money lands quickly and reliably.
Payouts succeed the first time
Instant account verification reduces errors and drop-offs so payouts run smoothly from day one.
Issues get caught early
Mistakes in account info are caught early during account verification, before they turn into failed payouts or manual reviews.
89% fewer failures
compared to debit cards
Keep payouts moving
Plaid helps your team send money quickly and keep people informed without adding extra work.
Get customers payout-ready in seconds
A familiar, streamlined flow verifies bank details instantly so payouts can start right away.
Automatically move payouts on the fastest rail
Plaid picks the fastest eligible rail automatically so payouts move fast even on weekends and holidays.
See payout status in real time
Live updates show the moment money moves, reducing uncertainty and “where’s my payout?” questions.
Keep payouts moving
Plaid helps your team send money quickly and keep people informed without adding extra work.
Get customers payout-ready in seconds
A familiar, streamlined flow verifies bank details instantly so payouts can start right away.
Automatically move payouts on the fastest rail
Plaid picks the fastest eligible rail automatically so payouts move fast even on weekends and holidays.
See payout status in real time
Live updates show the moment money moves, reducing uncertainty and “where’s my payout?” questions.
Fewer steps mean faster,
more predictable payouts
Plaid removes unnecessary friction by autofilling bank details, reducing manual entry errors, and streamlining verification so instant payouts actually feel instant.
Fewer steps mean faster,
more predictable payouts
Plaid removes unnecessary friction by autofilling bank details, reducing manual entry errors, and streamlining verification so instant payouts actually feel instant.
Pay out with confidence
Plaid uses real-time data to deliver fraud risk signals that help you spot suspicious activity and reduce losses.
See fraud risk indicators earlier
Use device, network, and behavior-based risk indicators to make more informed payout decisions.
Verify account ownership with bank details
Check name, address, phone, and email directly from the bank to verify ownership before money is sent.
Automate KYC and risk checks
Put KYC and AML checks on autopilot so your team spends less time reviewing accounts by hand.
Pay out with confidence
Plaid uses real-time data to deliver fraud risk signals that help you spot suspicious activity and reduce losses.
See fraud risk indicators earlier
Use device, network, and behavior-based risk indicators to make more informed payout decisions.
Verify account ownership with bank details
Check name, address, phone, and email directly from the bank to verify ownership before money is sent.
Automate KYC and risk checks
Put KYC and AML checks on autopilot so your team spends less time reviewing accounts by hand.
customer stories
How teams deliver better payouts with Plaid
What makes fast payouts possible
Take a closer look at the products that verify users, reduce risk, and keep payouts on track.
Layer
Let return users share their identity info to connect saved accounts faster.
Onboard users fasterAuth
Instantly confirm a user’s bank account details so they can get paid right away.
Verify bank account detailsIdentity
Use bank-verified personal info to confirm the right person owns the account.
Verify account ownershipIdentity Verification
Verify identities with documents and liveness checks for added assurance.
Verify user identitiesTransfer
Send money over the fastest eligible rail with real-time checks built in.
Send payouts over the fastest railFAQs
What are outbound payments and how do they work?
Outbound payments are payments a business sends out to customers, partners, or vendors. Outbound payments move over rails like ACH, RTP, FedNow, or wires.
What’s the difference between inbound and outbound payments?
Inbound and outbound payments differ in direction: inbound payments come into your business, while outbound payments go out to customers or partners.
What is RTP and how does it support instant payouts?
RTP supports instant payouts by clearing and settling money in seconds when both banks support the Real-Time Payments rail.
What’s the difference between wires, RTP, and FedNow for payouts?
The difference between wires, RTP, and FedNow is mainly speed and cost: wires are broad but costly, while RTP and FedNow settle instantly when available.
How can businesses reduce payout processing fees?
Businesses can reduce payout processing fees by shifting payouts from cards to lower-cost bank rails like ACH, RTP, or FedNow.
How does identity verification prevent payout fraud?
Identity verification prevents payout fraud by confirming the recipient and ensuring the payout goes to the correct bank account.
What risk checks are required before sending a payout?
Risk checks before sending a payout often include confirming account ownership, checking balances, reviewing device signals, and screening for sanctions.
Why do businesses choose Plaid for bank payouts?
Businesses choose Plaid for bank payouts because Plaid offers fast bank linking, built-in identity and fraud checks, and multi-rail payout support.
