Plaid Erfahrungen

Best app to use to connect your bank accounts

Kommentare: My overall experience was great I use it to pay my bills and when I’m playing games I can use plaid to log in and make a purchase. It’s very convenient

Vorteile:

I like that you can connect your PayPal account ti have a more secure way to pay for things over the internet. You can also connect your bank account ir other credit cards.

Nachteile:

What I liked least about this software is that it doesn’t accept all debit cards as form of payment.

Plaid is the only game in town for connecting to any financial service

Kommentare: We use Plaid to check bank balances and to accept ACH payments. It works great for both purposes. Be aware that some financial platforms (banks) are hostile to Plaid (to the extent of suing Plaid) and have sporadic availability. Some platforms have an arrangement with Plaid that requires you to complete additional documentation steps, like sharing your security policies and business information. Presumably, you get more reliable integration in exchange. For our use case, the cost of Plaid is trivial, but to accept ACH payments, Plaid integrates with Stripe, which does charge a fee for the actual payment. Bottom line, no other service can offer what Plaid can, so if you want your customers to connect to their financial institution to your product, Plaid is your only option.

Vorteile:

Plaid is relatively easy to setup and use. The API documentation is great and API credential setup is easy. The SDK supports all common platforms, and rich code samples are provided.

Nachteile:

Getting approved for production access was a paid. The support team ignored requests. We had to create a second account, which was finally approved. Why this was needed is a mystery. Plaid will push an expensive monthly plan, but it's not needed for sporadic access.

Overall, very helpful

Kommentare: Very helpful for the most part!

Vorteile:

Being able to log onto my online banking accounts quickly and efficiently makes it helpful

Nachteile:

Sometimes it takes forever to load certain bank accounts which makes it frustrating

WaveApps.com reliance on Plaid a horrible decision!

Kommentare: WaveApps is slowly committing suicide by using Plaid as it is currently supported.

Vorteile:

Nothing, really... That's the point of this review.

Nachteile:

Account connections with mainstream institutions like AMEX regularly break. The connection must be deleted and recreated each time there is a problem. Kind of defeats the purpose of an automated link. Connections to smaller institutions or banks don't stand a chance with Plaid. Reported problems don't get rectified presumably based on the biggest "squeaky wheel" institution getting priority. Ever since WaveApps converted to Plaid, I must do a manual bank upload to Wave to update my accounts. Again, kind of defeats the purpose of an automated link, don't you think.

One of the best integration partners for payment systems!

Vorteile:

I love how robust their integrations are across many different payment/banking platforms.

Nachteile:

I found a bug where the first character in the username/email field is cap sensitive! This initially caused a lot of confusion because I knew my credentials were accurate.

Instant banking access

Vorteile:

I so love the Plaid software it makes it so easy to login directly to your online banking account. It has several online banking services listed to enter any of your accounts. Makes it so you dont have to always enter your card number and information makes it feel a little more secure.

Nachteile:

There is not absolutely one negative down fall to this software. I applaud the creator of this software.

Great product

Kommentare: Great i love this product.

Vorteile:

Very fast and very accurate. Saves a lot of time verifying bank accounts.

Nachteile:

I really wish they had an app. So when you're out of the office you can still check.

Use many Apps that use Plaid's services

Vorteile:

Unless you pay attention you wouldn't even know they are involved. Seamless, makes connecting bank accounts to apps (banking /money apps etc) much simpler.

Nachteile:

On occasion connections can randomly not work. Rarely an issue for more than a day.

Very slick!

Kommentare: We've had some bugs getting WooCommerce Subscriptions to be authorized for renewal payments, but that might not be an issue with Plaid specifically.

Vorteile:

I love the interface of a pop-up window that allows the user to log in to their online banking, select the account, and use that to complete an online payment.

Nachteile:

It's crazy expensive if you are doing much more than testing (for a small business like us). It would make sense though as they don't charge per transaction (I think, it's a been a while since I looked at their pricing page).

Great service

Vorteile:

Makes payment very easy and simple to use

Nachteile:

I personally dont dislike anything about the software

Plethora of financial groups

Kommentare: Plaid is great. I wish more options/places were listed & some already listed to be more detailed so that you don't accidentally go to the wrong login. More options/places are added constantly so its hard to complain about an app that is constantly trying to improve

Vorteile:

I like how it recognizes the different needs & requirements each individual financial group/bank expects. Some simply need login information while others demand more details. Either way, Plaid requires that extra level of security to be sure & safe which helps release any worry about identity theft in my opinion

Nachteile:

While Plaid lists tons of different banks & financial institutions its also missing a good number of them too. Not just by their doing but by the intended group & their exoectations

Reliable, secure and streamline way to connect with bank accounts.

Kommentare: Initially, I've used Plaid from end-user standpoint, connecting to a budgetting/finance management software, each convinced me to sign up for it, knowing that the connection with the bank was done professionally and securely. More recently I had a chance to integrate a large-scale software with Plaid for fraud detection and onboarding, and it was a very pleasant experience, with modern APIs and good support.

Vorteile:

Simple to use, reliable and secure. Removes the burden from developers to implement direct connections with banking institutions and put clients at ease knowing that their accounts are secured by specialized people.

Nachteile:

It can have some issues authenticating banks with two-factor authentication enabled. Canadian integration is lagging behind the American one.

Easiest thing to use!

Kommentare: Overall, I have had an excellent experience with Plaid. I had to contact customer service just 1x and I was able to get a human quickly. I recommend it!

Vorteile:

This is basically a one touch system, you simply login with your credentials and the system does the rest...this makes explaining the process to customers the easiest thing ever!

Nachteile:

I do not have any qualms with the software. This is the first time I have used a software to quickly and easily help customers connect their banking systems and I love Plaid!

Plaid for Verification

Kommentare: Good so far...
When we link our customers to our web portal, we have to verify if their accounts are active for billing...

Vorteile:

It is a super easy method of verification for use in payment gateways and POS systems to get linked between companies.

Nachteile:

The customer support was lacking, but we were able look at online forums for answers. Not many things to complain about though.

Keep your finances organized

Vorteile:

What I like most is how simple and efficient plaid is.

Nachteile:

No app for the software there’s also no way to remember or connect accounts to a profile.

It's ok

Kommentare: It depends on what day you ask me and if Plaid is going to link my bank accounts.

Vorteile:

Plaid is easy to use and doesn't have many steps you have to go through to get the information added.

Nachteile:

They don't allow a lot of banks to be linked so it makes it hard to get a bank that you have to be approved.

Plaid simplifies connecting the myriad of money accounts

Vorteile:

The easiest and only integrator with the breadth of financial services companies.

Nachteile:

No cons to report. The only concern at this point would be whether or nor a particular institution participates.