Truelayer vs Plaid
See how Plaid and Truelayer stack up. Explore their features, use cases, and compliance to find the open-banking provider that best supports your business goals.
Truelayer vs Plaid
Here’s a breakdown of Truelayer and Plaid across products, compliance, use cases, and regions.
Product
Features
Industry
Plaid and TrueLayer are both payments infrastructure providers supporting fast, compliant open banking flows for businesses. Plaid supports instant and recurring payments, account information services, and instant fiat payouts, with connectivity across more than 12,000 financial institutions. Its platform includes fraud prevention, limited white-labelling, and high conversion rates, with coverage across Europe and North America.
TrueLayer also supports instant and recurring payments alongside account information services and instant fiat payouts. Its platform includes fraud prevention, white-labelling, and high conversion rates, with support through dedicated account managers. TrueLayer is used across financial services, iGaming, marketplaces and ecommerce, and travel, with coverage focused on Europe.
Use Plaid if you
Need connectivity across a large number of financial institutions
Operate across Europe and North America
Use TrueLayer if you
Operate in ecommerce, travel, or digital services
Want white-labelled payments with direct account support
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