Basiq vs GoCardless Bank Account Data
Basiq
basiq.ioGoCardless Bank Account Data
gocardless.comSide by side
| Figure | Basiq | GoCardless Bank Account Data |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 4 |
| Spec score · Bank Connectivity Software | 7.3 (#31) | 8.2 (#7) |
| Coverage | Basiq says it supports 136 financial institutions across Australia and New Zealand, covering 99% of the population and all CDR data holders. | The solution is available in European Economic Area countries subject to PSD2, where GoCardless says it operates as an authorised AISP. |
| Security | Basiq says data is retained only as long as needed, protected with encryption, and monitored for access and behavioural threats. | GoCardless says it has been ISO 27001 certified since 2016 and encrypts data at rest and in transit. |
| Who it serves | Basiq describes its platform as building blocks for businesses creating financial products for lending, payments, wealth, and digital finance. | GoCardless says businesses can use its open banking network to access financial data such as account information and transaction history. |
Plans
GoCardless Bank Account Data
- StandardFree
- AdvancedFree
- ProFree
- CustomPriced on request
In their own words
GoCardless Bank Account Data
GoCardless Bank Account Data is an API for businesses that need account details and transaction data from connected bank accounts. It connects through bank PSD2 APIs and can return account holder names, account identifiers, IBANs, transaction dates, counterparties, descriptions and amounts, plus current and available balances. It can retrieve up to 24 months of transaction history, with continuous access lasting up to 90 days. Data refreshes on demand, and responses use JSON. To connect, an end user chooses a supported financial institution, accepts a GoCardless-hosted consent screen and authenticates through the institution. API requests use an authorization token created with a Bank Account Data portal user secret. GoCardless provides a quickstart guide and instructions for importing the API schema into Postman. Availability is limited to EEA countries subject to PSD2 where GoCardless operates as an authorized AISP. Banks may restrict requests to as few as four calls per account per day. Account verification is available only to paying customers; new accounts are unverified by default. The service is paid, with pricing on request, and is available via API and web.