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by idax 2971 days ago
Any payments developers out there? What does it take to connect to different banking systems to transfer funds and how do you go about it?
2 comments

Building from scratch or using an API?

You can use plaid.com for that. It also integrates with stripe.com pretty well too.

Plaid seems like an incredible company, going this route would save a huge amount of engineering initially, but would cut into revenues. I might explore this further. Thanks!
Ideally building from scratch because the platform relys on taking a small percentage of each transaction for revenue.
If you're in the EU, read up on PSD2. It's opening up payments significantly.
US Based, but I read an article about it. Pretty interesting.