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Decentro vs Plaid: What are the differences?
Developers describe Decentro as "APIs for banking integrations (Plaid for India) *". It is a full-stack API banking platform where you can come, select your desired modules, play in the sandbox, and launch your product with just a few lines of code in a couple of weeks! Not only that, but we also take care of all upcoming fixes, iterations, and updates without breaking any flow. On the other hand, *Plaid** is detailed as "The Modern API for Banking Data". It is the easiest way for users to connect their bank accounts to an app. It provides developers with the tools they need to create easy and accessible experiences for their users.
Decentro and Plaid can be primarily classified as "Banking APIs" tools.
Some of the features offered by Decentro are:
- Enable your consumers and partners to authenticate & register themselves seamlessly via any method
- Interact with our APIs of the banking ecosystem to enable various account aggregation, linking, and creation
- Prevent fraud before it strikes your platform with sanction lists and tackle it with our automated engines
On the other hand, Plaid provides the following key features:
- With just a few lines of code, you can implement it in an afternoon
- Simple, beautiful user experience
- Personal finances
