IDnow vs. Plaid

IDnow

Plaid

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
IDnow	Score 7.0 out of 10	N/A	IDnow is an identity proofing platform provider in Europe. The IDnow platform offers identity verification and document signing solutions. Ranging from automated to human-assisted, from purely online to point-of-sale, IDnow states their identity proofing methods are optimized to assure the highest security standards with maximum user conversion.	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

IDnow

Plaid

Editions & Modules

No answers on this topic

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

Offerings

Pricing Offerings
IDnow	Plaid
Free Trial
No	No
Free/Freemium Version
No	Yes
Premium Consulting/Integration Services
Yes	No

Entry-level Setup Fee

No setup fee

Additional Details

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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
	IDnow	Plaid

User Ratings
	IDnow	Plaid
Likelihood to Recommend	7.0 (1 ratings)	10.0 (1 ratings)

User Testimonials
	IDnow	Plaid
Likelihood to Recommend	IDnow It's a good way to get up and running with a KYC process, albeit a bit clunky once set up. I would not recommend IDnow to an enterprise-level company because I think it's more conducive to a smaller, mid-sized business more so than a larger organization looking for all the bells and whistles. Incentivized Verified User Anonymous 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	IDnow Regulatory requirements. AML requirements. 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	IDnow Customer service. Less buggy identification process. Wait time for support. Incentivized Verified User Anonymous 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
Return on Investment	IDnow Positive: higher KYC success rates. Positive: less fear over regulatory requirements. Negative: lots of time and effort debugging from time to time. Incentivized Verified User Anonymous 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
ScreenShots	IDnow Screenshots