Partnership with Plaid
We are happy to announce our partnership with Plaid!
A fintech service that acts as an intermediary link
between your bank account and financial apps.
HumbleDevs integrated Plaid for a number of businesses.
The most common use cases are:
Instant Bank Verification
Implemented Instant Bank Verification primarily
for collecting ACH payments without micro-deposits and authenticating users.
Reporting
Leveraged Plaid to retrieve up to 2 years of
historical transactions and PDF asset reports
perfect for underwriting purposes.
Payments
Enabled businesses to collect ACH payments
with the lowest fees ranging from a few
cents to a few dollars.
Fraud Detection
Plaid can be used for verifying with trusted source if personal details and identity
provided by user are correct.
Humble Devs helped develop collecting Earnest Money through ACH using
Plaid for instant bank verification and Stripe as a payment processor.
Using ACH is especially useful with larger amounts of money
because of its low fees, ease of use and convenience.
Plaid Link is initialized in a React Native mobile application and the
logic responsible for bank verification and collecting payments
were implemented in NodeJS backend.
Implemented a Web Application for underwriting agents using Laravel. It is featuring
"New Merchants" page which lets Lendzi users request Plaid Asset Reports
from specified Merchants via email and SMS.
Merchants then receive link to page prompting them to connect bank accounts through Plaid Link.
Shortly after successful bank connection, the requesting Lendzi user receives a
PDF Asset Report via email allowing them to conveniently verify income,
account balances and issue final approval for a loan.
Lastly, Humble Devs integrated Plaid with Zoho CRM system giving users the ability to
request Asset Reports from individual CRM records. Ready Asset Reports are
then attached to associated record as a PDF attachment.
Integrated Plaid Link for users to connect their bank accounts and built
fully-fledged Reporting Pages giving admins insights into connected
bank accounts and historical transactions with an ability to
sort and filter those records at their convenience.
This web application is built with NodeJS,
Dockerized and deployed to AWS.
Enabled ACH donations on Let Them Live WordPress Site by integrating Plaid.
Most donors prefer using ACH over other payment methods primarily
due to lowest transaction fees. Plaid makes it possible and
convenient with instant bank verification.
Contact Us
Many more businesses benefited from our Plaid integrations.
Contact Us Now to get a quote and integrate
Plaid into Your application!