DocuSign Identify vs. Plaid

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
DocuSign Identify
Score 9.5 out of 10
N/A
DocuSign Identify makes identity proofing and authentication a part of eSignature. This helps users to protect important agreements, and customer experience. The solution helps meet requirements with Know Your Customer (KYC), Anti-Money Laundering (AML) and regional regulations. Verification status is recorded in every Certificate of Completion.N/A
Plaid
Score 9.0 out of 10
N/A
Plaid in San Francisco offers a suite of applications supporting banks with risk management and customer account management features. Plaid is used by digital financial apps and services like Betterment, Expensify, Microsoft and Venmo, and by banks to make it easier for consumers to connect their financial accounts with the apps and services they want to use. Plaid connects with over 11,000 financial institutions across the U.S, Canada and Europe.
$500
per month
Pricing
DocuSign IdentifyPlaid
Editions & Modules
No answers on this topic
Scale
500+
per month
Test
Free
Launch
Pay as you go
Offerings
Pricing Offerings
DocuSign IdentifyPlaid
Free Trial
NoNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsContact sales team for additional pricing. There may be one-time fees, subscription fees, per-request flat fees, or payment initiation fees depending on your needs.
More Pricing Information
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DocuSign IdentifyPlaid
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Score 9.2 out of 10
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Apple Pay
Apple Pay
Score 9.1 out of 10
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Adyen
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Score 8.8 out of 10
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User Ratings
DocuSign IdentifyPlaid
Likelihood to Recommend
10.0
(1 ratings)
10.0
(1 ratings)
User Testimonials
DocuSign IdentifyPlaid
Likelihood to Recommend
DocuSign
One specific scenario that we use this tool is to verify the identity of our clients whenever they request a loan from our company. We are required to ask for their ID verification. It's a great tool that saves you time but also is secure and easy to use for your clients. It makes the whole process easier and faster.
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Plaid
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.
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Pros
DocuSign
No answers on this topic
Plaid
  • 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.
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Cons
DocuSign
No answers on this topic
Plaid
  • 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.
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Alternatives Considered
DocuSign
We selected DocuSign Identify because of the company's reputation. We already use DocuSign to request signatures, but this new feature syncs well with our process
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Plaid
No answers on this topic
Return on Investment
DocuSign
  • Our process has improved tremendously. We can now request ID verification in minutes. It takes our clients five minutes to verify
  • It is a safe way to request for ID verification
  • No hassle and unnecessary back and forth emails
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Plaid
  • Plaid got us up and running with most US-based and even some international banks with minimal engineering effort.
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ScreenShots