Plaid adds Primer, UniPaas and NoFrixion as payment partners

Plaid, a global open financial data network and payments platform, today announces an expansion of its payment partner ecosystem to include three new European partnerships – Primer, UniPaas and NoFrixion.

As a result, more providers and merchants can take advantage of open banking to improve operations and reduce costs.

Through these partnerships, Plaid integrates its open banking payments and account information services into the partner companies’ respective payment platforms. With built-in open banking features, merchants and vendors can offer account-to-account payments as an alternative payment method at their checkouts and streamline merchant and vendor onboarding or verification processes.

These partnerships are part of Plaid’s payment partner ecosystem, which includes more than 50 providers in North America and Europe and offers a range of tools and services used to create enhanced digital payment journeys. New partners include:
• Primer is a no-code automation platform for businesses that enables easy creation of enhanced checkout experiences.
• UniPaas provides an integrated financing platform for B2B SaaS companies.
• NoFrixion is an EU-based programmable currency API that replaces banks with software solutions.

Farid Sedjelmaci, Head of European Partnerships at Plaid, said: “Despite the obvious growth opportunities, keeping up with the technology landscape can be onerous for merchants. Account-to-account payments join an ever-growing list of new payment types, and open bank data for integration might seem like an added complication. Instead, PSPs can offer whatever solutions are needed to improve payment journeys and onboarding so their customers can tailor offerings to local market needs.

Nabeel Saeed, Head of Partnerships at Primer, commented, “We are thrilled to partner with Plaid to create new shopping experiences and support their mission to democratize financial services. Working with Plaid will mean that Primer merchants around the world will be able to enable secure and seamless activation of Open Banking and Account-to-Account Payments at their checkout with just a few clicks.

Feargal Brady, Founder and CEO of NoFrixion, said, “NoFrixion is thrilled to be working with Plaid, helping businesses say goodbye to internet banking, online fraud and chargebacks.

About Matthew R. Dailey

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