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 and standing orders.
• 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.

Improve UX/conversion: Seamlessly initiate payments within your app or website with Plaid’s range of SDKs & integration options, improving your user experience and preventing 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

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

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)

Verify payment status: Plaid’s settlement infrastructure makes reconciliation simple