What is Plaid? What is Dwolla’s relationship to Plaid?

What is Plaid? What is Dwolla’s relationship to Plaid?

Information

Title
What is Plaid? What is Dwolla’s relationship to Plaid?

Summary
Plaid is a fintech company enabling bank account verification.

Dwolla and Plaid have partnered to offer Dwolla clients a solution that enables their end users to quickly and securely verify bank account ownership.

Your customers will authenticate information with their financial institution through Plaid Auth and select the bank or credit union account they wish to use for initiating bank transfers. Behind the scenes, you’ll receive a unique token from Plaid that will be used to create a funding source for a customer via the Dwolla API.

The Dwolla and Plaid partnership offers an elegantly designed and secure way for joint customers to verify account ownership with access tokens, removing sensitive financial information from the transaction stream.

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