ACH Payments Powered by Plaid Now Live on MyFundedFutures

MyFundedFutures has introduced ACH payments powered by Plaid, providing a fast and secure way for users to make real-time automated payments directly from their bank accounts. This new feature offers enhanced convenience for managing transactions on the platform.

image 36

What is Plaid?

Plaid is a service that securely connects users’ bank accounts to a variety of financial apps. Plaid supports thousands of applications that help people manage their financial activities, including:

  • Venmo (peer-to-peer payments)
  • Betterment (automated investing)
  • Chime (online banking)
  • Dave (earned wage access)

How Plaid Works:

  1. Select Your Bank: When using Plaid-powered apps, users choose their financial institution from a list and enter their login credentials.
  2. Data Encryption: Plaid securely encrypts and shares specific data (e.g., account balance) with the app without exposing login details.
  3. Ongoing Connection: Plaid maintains a secure and continuous link between your bank and the app for seamless financial transactions.

Security and Privacy

Plaid offers end-to-end encryption, multi-factor authentication, and continuous monitoring to protect user data. Users control their data, deciding what to share and for how long. Plaid does not sell data and only shares it with explicit user consent. Now live on MyFundedFutures, ACH payments through Plaid streamline the process of linking bank accounts and managing financial transactions with greater security and ease.

Leave a Reply

Your email address will not be published. Required fields are marked *

You Might Interested
Unlock your trading potential with Tiger Funded. Enjoy a 95% profit split, no time limits, and flexible challenges. Get funded and start trading with confidence today!
Unlock up to $400,000 in capital with E8 Markets. Choose from flexible evaluation programs, enjoy up to 100% profit share, and trade a wide variety of assets including forex, commodities, indices, and cryptocurrencies. Take advantage of fast payouts and no limits on trading days to optimize your trading experience.
Scale your trading with Goat Funded Trader and access up to $400,000 in capital. Enjoy relaxed trading rules, high profit splits up to 80%, and trade a variety of assets on proprietary platforms like Match Trader and TradeLocker.
Scale your trading with up to $50 million in capital. Enjoy flexible trading rules, high profit splits, and trade a variety of assets on MT4 and MT5 platforms. Benefit from 24/7 support and fast payouts to enhance your trading journey.
TraderFundZone revolutionizes trading with relaxed rules, instant funding up to $300K, and strong support. Discover their features, benefits, and funding programs designed to empower traders.

Your compare list

Compare
REMOVE ALL
COMPARE
0