Clerk vs. Plaid

Best suited for - Improving the conversions and users funnel, building actionable insights for user journey, deciding the performance of features, building personalised recommendations on search results and emails. Less appropriate for - Creating automated campaigns for user targeting, triggering and creating communication flows for user engagement and product journey

Incentivized

Plaid is extremely well suited to be your payment API if you're a start-up looking to scale your banking connections fast and securely. Their API is fully functional upon integration. Most end-users have encountered Plaid before so it's a trusted platform for many consumers so even if you're a new app, users feel comfortable connecting their bank through Plaid.

Incentivized

• Easy to integrate - perfect solution for search and recommendations.
• Allow website recommendations, website search and email recommendations, that help day after day obtain more data and use it to view the best product for every single customer.
• Improving conversion rate and the quality of the customer journey on the eCommerce.

Incentivized

• Plaid connects with 100s of US consumer banks.
• Plaid continuously updates its software to meet the requirements of individual banks.
• Plaid can get your company's payment processing up and running faster than traditional methods.

Incentivized

• A function to export dashboard reports will help ease building analytics.
• It's a highly technical tool. One has to have very good technical knowledge to set it up.
• Build more payment options other than the credit card.

Incentivized

• Consumer feedback or troubleshooting typically comes back to us because Plaid doesn't have an easy way of re-routing support once a user encounters a problem.
• Update timelines could be clearer when they are working on updating a connection with a certain bank.
• The search functionality for the user to find their bank could be a little more robust.

Incentivized

The cost of the contract is much better than the competitors. Customised options and packages to select from. Others weren't providing more options basis the usage and master user roles requirements. Provided free demo to help build confidence and train the team for using Clerk tool. Clerk customer solutions team is easily reachable and helps promptly resolve any issues.

Incentivized

• Improved user conversion by 20%
• Increased revenues by 15%
• Reduced reliance of operations for data tracking and analysis

Incentivized

• Plaid got us up and running with most US-based and even some international banks with minimal engineering effort.

Incentivized