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Plaid

Plaid

4.4
(11)
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Plaid enables applications to connect with users' bank accounts.

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Showing 11 Plaid reviews
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Plaid review by jose miguel g.
jose miguel g.
Validated Reviewer
Verified Current User
Review Source
content

"the solution to keep the financial statements up to date"

What do you like best?

to be able to keep the account statements completely updated, and payments to the provider. It also allows you to see all your transactions and be able to estimate the performance of your accounts.

This is the best integration program for everything that has to do with finance both business and personal. and that the mobile version is very adapted to the needs of the businessman of today,

the payroll is loaded in an automated and without problems since it has one of the best applications and software for this.

What do you dislike?

the unlimited version is a bit expensive, since it presents very few versions of the program, without security security is primordiar when choosing this type of software since an error could be catastrophic in the case of small companies or when it is used particular way. the free version has a very limited number of articles and when it comes to monetizing a payroll it is impossible to use since nothing else with the accounts of the providers is already used all the space and the unlimited version is a bit expensive for a small company.

Recommendations to others considering the product

They have the solution for the payment of payroll, suppliers. as well as keep up the income movements in all your bank accounts, so I recommend the customized version as it could be adapted very effectively to your needs whether they are business or personal

What business problems are you solving with the product? What benefits have you realized?

to be able to keep up to date all the accounts both with suppliers and with the employees of the company, and keep payments well registered at all times so that transactions flow at all times without problems

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Plaid review by Carlos R.
Carlos R.
Validated Reviewer
Review Source
content

"Plaid"

What do you like best?

very easy and safe to check bank accounts, makes the connection to the account without much effort. They have an API that helps this by having companies use it to make their financial balance less tedious. It is the best program for the integration of everything that has to do with business finances as personal things, the mobile version is very adapted to what is needed for this.

What do you dislike?

the full version is very expensive and there are some limitations in plaid functions, it does not have much security, this is very important in jobs like these, when it comes to monetizing a payroll it is impossible to use

Recommendations to others considering the product

There is a solution for these problems, but according to its characteristics is a very easy to use and quite useful tool, it is one of the applications that I recommend during my work and personal use is very good and easy to keep bank accounts and streamline your incorporation process

What business problems are you solving with the product? What benefits have you realized?

I keep the accounts of both the company and the clients updated so that the transactions are easy to manage and without any loss or loss of capital when making a transaction

What Financial Data APIs solution do you use?

Thanks for letting us know!
Plaid review by Administrator in Financial Services
Administrator in Financial Services
Validated Reviewer
Verified Current User
Review Source
content

"Easy to use for authenticating bank accounts and staying in compliance with U.S. regulations."

What do you like best?

Plaid integrates with a banking software to instantly be able to verify the login credentials of a user and achieve bank level validation so they can link their accounts with our service.

What do you dislike?

There are some limitations to the depth of compliance available in Plaid.

Recommendations to others considering the product

If having depth in KYC and AML is important to you, then use Plaid with other systems otherwise its characteristics of being user friendly and easy to deploy make this app one of the better ones I've seen to be able to streamline your process onboarding and validating new applicants or customers.

What business problems are you solving with the product? What benefits have you realized?

I use Plaid to provide compliance regarding bank verification between other software used in our product for authenticating bank accounts and providing KYC / AML checks on investors. The greatest benefit is the simplicity and ease of use that it provides to a relatively low tech userbase and for something that is quite sensitive, it makes our process smooth and painless.

Plaid review by Administrator
Administrator
Validated Reviewer
Verified Current User
Review Source
content

"Fast and impressive customer support team"

What do you like best?

Any email I send has a response within the hour and a representative is helping me in any way possible. They are kind in their interactions with you and am grateful for stumbling across such an impressive company.

What do you dislike?

Clarity on pricing seems to be very vague. Monthly costs are still unclear but we like the product so we are moving forward with them.

Recommendations to others considering the product

Really great company to work with.

What business problems are you solving with the product? What benefits have you realized?

They support our core business functions. They also provide a seamless integration into our APIs.

Plaid review by Omer G.
Omer G.
Validated Reviewer
Review Source
content

"Great Product Especially for Consumer Faced FinTech Companies "

What do you like best?

It makes connecting bank account seamless and way less painful. It makes it so easy for us to support our customers.

What do you dislike?

I wish they had a status page for all the banks, not just the major ones. When a small bank's linking process is down, we get no notifications or whatsoever.

Recommendations to others considering the product

Improve the status page, please so we can know what's going on when our customers reach out to our support team.

What business problems are you solving with the product? What benefits have you realized?

We are using Plaid to link our customers bank accounts to their profile.

Plaid review by User in Financial Services
User in Financial Services
Validated Reviewer
Review Source
content

"Simple ACH authentication "

What do you like best?

Plaid is pretty easy and secure in order to verify customer bank accounts when dealing with ACH transactions. They have a straight forward API and pricing to make using this service a business must.

What do you dislike?

Nothing so far as the relationship is just beginning to develop.

Recommendations to others considering the product

Smart company that is easy to work with and has great pricing. You will not be disappointed. Many companies are not great to work with but Plaid is definitely not one to be scared to partner with.

What business problems are you solving with the product? What benefits have you realized?

The benefits of using Plaid include cutting the old school penny transactions out of the set up process making bank account verification easy and simple in just a few clicks of a button after entering bank login credentials.

Plaid review by Sharon L.
Sharon L.
Validated Reviewer
Review Source
content

"Super easy payment API"

What do you like best?

I really liked how easy it was to get started and integrate Plaid into our platform. It was intuitive and well-documented the entire way through.

What do you dislike?

There isn't much to dislike, although the developer community is smaller than other payment platforms, leading to more difficulty when troubleshooting.

What business problems are you solving with the product? What benefits have you realized?

We've been able to dramatically decrease the complexity of our code, while saving time in the process.

Plaid review by Peter G.
Peter G.
Validated Reviewer
Review Source
content

"Very fast and easy connection to bank accounts"

What do you like best?

It’s very fast and easy to use. They also have lots of support for banks, even regional banks.

What do you dislike?

Some times it can be slow to connect to a bank, but usually does eventually work.

What business problems are you solving with the product? What benefits have you realized?

Being able connect to a bank account having to handle bank information directly.

Plaid review by User in Financial Services
User in Financial Services
Validated Reviewer
Verified Current User
Review Source
content

"Plaid review "

What do you like best?

Seemlessness of integration with thousands of banks.

What do you dislike?

Support takes to long to get answered and consistent errors

What business problems are you solving with the product? What benefits have you realized?

Seamless Bank aggregation

Plaid review by Executive Sponsor in Financial Services
Executive Sponsor in Financial Services
Validated Reviewer
Review Source
content

"Awesome to work with"

What do you like best?

Their API set is top-notch, no hassle pricing, and great people throughout the company

What do you dislike?

Can get expensive fast if your business grows quickly when you start with their no-contract pricing.

What business problems are you solving with the product? What benefits have you realized?

Verifying the bank account of customers and ensuring that they have enough funds to cover the requested ACH transfer.

Plaid review by User in Financial Services
User in Financial Services
Validated Reviewer
Review Source
content

"Great for staying compliant "

What do you like best?

So amazing how it helps with verifications of users.

What do you dislike?

Nothing yet. We are still learning and using this system as a beginner

What business problems are you solving with the product? What benefits have you realized?

Verification for bank processes.

Kate from G2

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* We monitor all Plaid reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. Validated reviews require the user to submit a screenshot of the product containing their user ID, in order to verify a user is an actual user of the product.