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Plaid is not a payment service at all. There's almost no overlap. Plaid is mostly a screen-scraper of banking data. Users give you their banking credentials an
by smt88 5y ago
Plaid is not a payment service at all. There's almost no overlap.
Plaid is mostly a screen-scraper of banking data. Users give you their banking credentials and plaid gives you scraped transaction history.
- kalev 5y agoInteresting, I might have thought there would be some overlap because Plaid allows to initiate payments. Why wouldn’t it be possible to initiate a payment from a users personal account to my business account? https://plaid.com/use-cases/consumer-payments/ https://plaid.com/use-cases/consumer-payments/ https://plaid.com/docs/quickstart/#setting-up-for-payment-initiation-uk-and-europe-only https://plaid.com/docs/quickstart/#setting-up-for-payment-in...