ID.me vs. Plaid

ID.me

Plaid

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
ID.me	Score 9.4 out of 10	N/A	ID.me is a digital identity network that aims to simplify the user's indication verification experience.	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

ID.me

Plaid

Editions & Modules

No answers on this topic

Scale: 500+
per month
Test: Free
Launch: Pay as you go

Offerings

Pricing Offerings
ID.me	Plaid
Free Trial
No	No
Free/Freemium Version
No	Yes
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

—

Contact 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

Community Pulse
	ID.me	Plaid
Top Pros	Pro Easy integration Pro Integration with shopify Pro Easy to use	No answers on this topic
Top Cons	Minus Reporting platform Minus Limited functionality Minus Reporting and dashboard	No answers on this topic

Best Alternatives
	ID.me	Plaid
Small Businesses	No answers on this topic	Square Invoices Score 9.2 out of 10
Medium-sized Companies	No answers on this topic	Apple Pay Score 9.3 out of 10
Enterprises	No answers on this topic	Adyen Score 8.5 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	ID.me	Plaid
Likelihood to Recommend	9.5 (6 ratings)	10.0 (1 ratings)

User Testimonials
	ID.me	Plaid
Likelihood to Recommend	ID.me ID.me is well suited for our business to verify customers to provide a discount due to their top-notch software which is easy for our customers to use and is quick. Beyond customer experience, it has massive business benefits as it saves us a lot of time and money to use their white-glove software vs doing it ourselves as we did in the past using paper documents and our own people. Incentivized Dr. David M. Caruth Head of Those Who Serve & Students Consumer Marketing Read full review	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. Incentivized Sura Hart Program Manager Read full review
Pros	ID.me Scalable audience size Easy integration with Shopify Secure customer verification Incentivized Verified User Anonymous Read full review	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. Incentivized Sura Hart Program Manager Read full review
Cons	ID.me Be able to verify people without them providing any documentation by getting access to needed databases where that information is stored. Be conscious that people do not like to provide their SS#. Incentivized RB Robert Bergen Marketing Product & Dev. Manager Read full review	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. Incentivized Sura Hart Program Manager Read full review
Alternatives Considered	ID.me We didn't evaluate any others. At the time ID.me had the largest customer base and I believe that still holds true. Incentivized RB Robert Bergen Marketing Product & Dev. Manager Read full review	Plaid No answers on this topic
Return on Investment	ID.me Raises AOV for select segments Brings new customers to our store Incentivized Gary Penn Global VP DTC Read full review	Plaid Plaid got us up and running with most US-based and even some international banks with minimal engineering effort. Incentivized Sura Hart Program Manager Read full review
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