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Increase vs Plaid

Increase: Banking APIs for ACH, wires, FedNow, checks and cards Plaid: APIs to connect bank accounts and verify financial data

Comparison of Increase, Plaid
Increase
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Plaid
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CategoryBanking APIsFinancial Data APIs
Platforms
  • API
  • Web
  • API
Best for
  • Technology companies
  • Fintechs
  • Developers
  • Developers
  • Fintech teams
  • Product teams
Highlights
  • Sends ACH transfers and wires through an API
  • Uses FedNow and real-time payment rails
  • Pushes instant payments to cards
  • Verify bank account and routing numbers
  • Check real-time account balances
  • Confirm account holder information

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