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Plaid Launches Long-awaited Payments Program at Heart of Recent Anti-trust Lawsuit

Fintech startup Plaid is now offering a new payments program to facilitate digital transactions that are funded through user bank accounts. So reports PYMNTS.

PlaidThe new program will allow money to flow freely through third-party processors like SoFi and Square, and users will now be afforded a “pay-by-bank” option at checkout. Prior to the announcement, the Department of Justice blocked an acquisition of Plaid by Visa for fears it was hoping to squash Plaid’s new payment service plan.

Read the full article from PYMNTS 

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