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We use Stripe to process credit card payments and we're adding support for ACH soon. Recently they made some changes to pricing (charging for Radar and non-US cards) that was surprising but otherwise they've been amazing. Great tooling support, great customer service and overall great platform.

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>ACH soon

What is your approach to bank account verification? Plaid/Yodlee, a more traditional "deposit x money, ask for verification", or both?

We use Cliq.com for ACH for about 3 years now moving lots of transactions. Amounts are from hundred to low single-digit thousands (<$10k) about 200/wk. API is not as mature as Stripe but you can't beat the cost at $0.20 per transaction.

We mostly do outbound so no verifications are done

Interesting. Haven't heard of them but I'll check them out. Thanks!

We plan to do the traditional 2 small deposit verification. After discussing we decided not to force our customers to give up their bank logins to Plaid just for a quicker verification.

the guys at teller.io seems to be doing it the OAuth way so technically not storing it like the scraping guys. However, it may be limited to the banks that they can connect to due to the requirement for a "real API"

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