Plaid delivers payment solutions through its leading platform and digital finance network, enabling companies to build secure, fast, and reliable fintech services. By connecting people to their financial data, Plaid powers a wide range of applications and services, including pay by bank, bill pay and recurring payments, account funding and account-to-account transfers.

Plaid’s offerings for ACH Experience, Open Banking, Risk & Fraud Prevention and beyond include:

• Account Validation Services: Supporting Open Banking, Microdeposits and database validations for secure account authentication.
• Payment Risk Solutions: Leveraging machine learning and network intelligence to mitigate fraud and return risks.
• Multi-Rail Processing: Seamlessly enabling payments across ACH, FedNow, and RTP rails.
• Identity Verification and Fraud Prevention: Supporting KYC, AML, and enhanced fraud detection.
• Open Finance Solutions: Empowering financial institutions to participate in Open Banking.

Benefits of a being a Nacha Preferred Partner:

As a Nacha Preferred Partner, Plaid enhances the ACH Network by contributing to improved transaction speed, security, and transparency. Plaid’s payment solutions simplify ACH payment authorization and initiation, delivering a seamless experience for businesses and consumers. With real-time bank account verification and secure transfers, Plaid helps reduce friction and build trust, driving greater efficiency and responsiveness across the ACH Network.

How Plaid helps advance the ACH Network:

Plaid drives the ACH Network forward with secure, efficient and scalable payment solutions. Its infrastructure enables faster settlement and better user experiences, while account verification and streamlined transfers reduce errors and fraud. These innovations help the ACH Network meet evolving demands and stay competitive in the digital payment landscape.

For more information, visit Plaid.

Preferred Partner List