Astra joins Plaid’s new Payment Partner Ecosystem

A closer integration with Plaid means an improved customer experience and fast onboarding
Today we are excited to announce that we are an official part of the Plaid Payment Partner Ecosystem which to both the team and Astra and our customer is a very big deal. The world of personal finance is getting more complex every day - global digital wallet users are expected to top 4.4 billion by 2025 - and with all of that complexity comes the need for conductivity and automation. Being a part of this new ecosystem will allow Astra to reach even more users and accelerate the adoption of Plaid functionality with Astra transfers. Paul Williamson, Head of Partnerships and Revenue at Plaid summed it up nicely:
From one-person startups to the largest Fortune 500s, the overwhelming shift to digital finance has every company rethinking their payment journeys. As a result, we want to ensure that our clients have the most flexible tools for creating the best payment experiences for their unique customers,” said Paul Williamson, head of partnerships and revenue at Plaid. “That’s why we’re bringing together the most innovative payment companies across North America and Europe to build an ecosystem that can help any company--no matter their size--become a fintech, to ensure they can capitalize on the account-to-account payment opportunity.”
What does this mean for Astra and our customers?
Astra has always leveraged the capabilities of Plaid to drive its automated transfer API but through this partnership, almost any current Plaid customer can utilize Astra’s capabilities in concert with their existing Plaid integration. The world of payments just got much bigger.
Streamlined onboarding. If you already leverage API within your application, you can now embed powerful transfer automations in as little as a single week of development by enabling Astra via your Plaid dashboard. Go live while everyone else is still doing paperwork.
We are excited to be a part of this innovative program and look forward to helping our customers build the next generation of financial services. Ad Astra!
For more information from Plaid this announcement, check out these resources from Plaid: