Software Alternatives & Reviews

Connect Payouts by Stripe VS TrueLayer

Compare Connect Payouts by Stripe VS TrueLayer and see what are their differences

Connect Payouts by Stripe logo Connect Payouts by Stripe

Onboard and payout recipients quickly, with less manual work

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • Connect Payouts by Stripe Landing page
    Landing page //
    2023-04-22
  • TrueLayer Landing page
    Landing page //
    2023-09-28

Connect Payouts by Stripe videos

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TrueLayer videos

Building Open Banking API Layers with TrueLayer

More videos:

  • Review - API-based fintechs take the next steps: Plum generate payments via TrueLayer | Homescreen | Ep 53

Category Popularity

0-100% (relative to Connect Payouts by Stripe and TrueLayer)
Online Payments
21 21%
79% 79
Recurring Billing
26 26%
74% 74
eCommerce Tools
100 100%
0% 0
Fintech
0 0%
100% 100

User comments

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Social recommendations and mentions

TrueLayer might be a bit more popular than Connect Payouts by Stripe. We know about 4 links to it since March 2021 and only 3 links to Connect Payouts by Stripe. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Connect Payouts by Stripe mentions (3)

  • Increase: Become Your Own Bank
    See if Stripe Connect's payouts work for you: https://stripe.com/connect/payouts The gig-oriented entities seem to use it, I think it should work for paying freelancers too. - Source: Hacker News / over 1 year ago
  • Stripe or alternative for PayFac? PayFac as a service?
    Stripe has their own built-in features for PayFac if you want to do that - https://stripe.com/connect/payouts. I imagine the flow would be something like - the buyer pays you, then you take your cut, and pass along the remaining to the merchant. Something like that. There is a good flow chart about halfway down the page that explains how it works. Source: about 2 years ago
  • Searching for a api to release payments via api call
    Are you using a payment processor already or looking for one? If you are looking for one stripe has this…https://stripe.com/connect/payouts. Source: about 2 years ago

TrueLayer mentions (4)

  • BANKING AS A SERVICE? ANOTHER WAY BUSINESSES MAKE MONEY
    Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 1 year ago
  • I'm an experienced programmer trying to build my first website for my clothing brand using JavaScript, HTML and CSS, but I have a few serious questions regarding the problems I might encounter while creating such a website
    You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 1 year ago
  • Why do some traditional banks still not offer open banking?
    I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 2 years ago
  • Open Beta Ending: A last chance to get FOREVER FREE ACCESS to a money app
    • The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 3 years ago

What are some alternatives?

When comparing Connect Payouts by Stripe and TrueLayer, you can also consider the following products

Mercury API - API for your business bank account

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Flutterwave - 1 API for ACH, card and mobile money payments across Africa

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

Paid - An API for invoicing

Teller API - A single API to connect your app with any bank's account