Use many Apps that use Plaid's services
Unless you pay attention you wouldn't even know they are involved. Seamless, makes connecting bank accounts to apps (banking /money apps etc) much simpler.
On occasion connections can randomly not work. Rarely an issue for more than a day.
We've had some bugs getting WooCommerce Subscriptions to be authorized for renewal payments, but that might not be an issue with Plaid specifically.
I love the interface of a pop-up window that allows the user to log in to their online banking, select the account, and use that to complete an online payment.
It's crazy expensive if you are doing much more than testing (for a small business like us). It would make sense though as they don't charge per transaction (I think, it's a been a while since I looked at their pricing page).
Reliable, secure and streamline way to connect with bank accounts.
Initially, I've used Plaid from end-user standpoint, connecting to a budgetting/finance management software, each convinced me to sign up for it, knowing that the connection with the bank was done professionally and securely.
More recently I had a chance to integrate a large-scale software with Plaid for fraud detection and onboarding, and it was a very pleasant experience, with modern APIs and good support.
Simple to use, reliable and secure. Removes the burden from developers to implement direct connections with banking institutions and put clients at ease knowing that their accounts are secured by specialized people.
It can have some issues authenticating banks with two-factor authentication enabled. Canadian integration is lagging behind the American one.