{"id":533597,"date":"2022-04-29T09:24:38","date_gmt":"2022-04-29T09:24:38","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=533597"},"modified":"2022-04-29T09:24:38","modified_gmt":"2022-04-29T09:24:38","slug":"plaid-adds-three-new-partners-to-the-payment-partner-ecosystem","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/plaid-adds-three-new-partners-to-the-payment-partner-ecosystem\/","title":{"rendered":"Plaid adds three new partners to the Payment Partner Ecosystem"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\"><a href=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/04\/ibs_Plaid.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-532716 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/04\/ibs_Plaid-300x300.jpg\" alt=\"\" width=\"176\" height=\"176\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/04\/ibs_Plaid-300x300.jpg 300w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/04\/ibs_Plaid-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/04\/ibs_Plaid-100x100.jpg 100w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/04\/ibs_Plaid.jpg 400w\" sizes=\"auto, (max-width: 176px) 100vw, 176px\" \/><\/a><a href=\"https:\/\/plaid.com\/en-gb\/\">Plaid<\/a>, a global open finance data network and payments platform, is announcing an expansion of its Payment Partner Ecosystem to include three new European partnerships \u2013 Primer, UniPaas and NoFrixion. As a result, more vendors and merchants can leverage open banking to improve operations and lower costs.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Through these partnerships, Plaid embeds its open banking payments and account information services within partner companies&#8217; respective payments platforms. With open banking capabilities embedded, merchants and vendors can offer account-to-account payments as an alternative payment method in their checkouts and streamline merchant and vendor onboarding or verification processes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These partnerships are a part of Plaid&#8217;s <a href=\"https:\/\/plaid.com\/plaid-payment-partner-ecosystem\/\">Payment Partner Ecosystem<\/a>, which incorporates over 50 providers across North America and Europe and offers a range of tools and services to build improved digital payment journeys. New partners include:\u00a0\u00a0<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Primer is a no-code automation platform for businesses that allows for the streamlined building of improved payments experiences.\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">UniPaas provides an embedded finance platform for B2B SaaS companies.\u00a0<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">NoFrixion is an EU-based programmable money API that replaces banks with software solutions.\u00a0<\/span><\/li>\n<\/ul>\n<p><strong><span data-preserver-spaces=\"true\">Farid Sedjelmaci, European Partnerships Lead at <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/plaid-announced-appointing-ripsy-bandourian-as-its-first-head-of-europe\/\">Plaid<\/a><\/span><\/strong><span data-preserver-spaces=\"true\">, said: &#8220;Despite the obvious growth opportunities, keeping up with the tech landscape can be onerous for merchants. Account-to-account payments are an addition to an ever-growing list of new payment types, and open banking data for onboarding may seem like an additional complication. Instead, PSPs can offer all of the necessary solutions for improved payment journeys and onboarding so their customers can tailor offerings to the local market needs.&#8221;\u00a0\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Nabeel Saeed, Head of Partnerships at Primer<\/span><\/strong><span data-preserver-spaces=\"true\">, commented:<\/span><strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">&#8220;We&#8217;re excited to partner with Plaid to create new shopping experiences and support their mission to democratise financial services. Working with Plaid will mean Primer&#8217;s merchants worldwide can enable secure and seamless activation of Open Banking and account-to-account payments on their checkout in just a few clicks.&#8221;\u00a0\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Feargal Brady, Founder &amp; CEO of NoFrixion<\/span><\/strong><span data-preserver-spaces=\"true\">, commented: &#8220;NoFrixion are excited to work with Plaid, helping businesses say goodbye to Internet Banking, online fraud and chargebacks.&#8221;\u00a0\u00a0<\/span><\/p>\n","protected":false},"author":18,"featured_media":532716,"parent":0,"template":"","categories":[11378,11384],"tags":[24444,11797,11508,11515,11418,25957,12123,13397,11882,13993,16151,11419,11406,25956],"class_list":["post-533597","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-open-banking","category-payments","tag-account-to-account-payments","tag-api","tag-europe","tag-fintech","tag-instant-payments","tag-nofrixion","tag-online-payments","tag-open-finance","tag-partnership","tag-primer","tag-psp","tag-real-time-payments","tag-uk","tag-unipaas"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Plaid adds three new partners to the Payment Partner Ecosystem<\/title>\n<meta name=\"description\" content=\"Plaid, a global open finance data network and payments platform, is announcing an expansion of its Payment Partner Ecosystem to include\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/plaid-adds-three-new-partners-to-the-payment-partner-ecosystem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plaid adds three new partners to the Payment Partner Ecosystem\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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