Plaid vs TrueLayer Payments

Plaid

7.0 #9 in Bank Connectivity Software

About Plaid

TrueLayer Payments

6.8 #7 in Open Banking Payment Platforms

About TrueLayer Payments
PlaidTrueLayer Payments
Free planNo
Free trialYes
PlatformsAndroid, api, iOS, WebAndroid, api, iOS, Web
Free planNoNo
Supported data typesaccount and routing numbers, balances, identity, transactions, investments, liabilities, income, statements
Connection methodsPlaid Link credentials-based authentication, OAuth, app-to-app OAuth, and manual or micro-deposit flows
Refresh frequencyon_demand
Statement formatsPDF
Bank authenticationboth
Payment frequencyboth
Payment webhooksYes
RefundsYes

Listed together in Best Open Banking Payment Platforms