Right, that is a potential issue. Paying hundreds of dollars per month doesn’t make sense to most companies unless you’re e-retailer / e-commerce with thousands of automated transactions/sales/invoices etc.
How come you make that integration knowing that many would not use it?
We are looking at Nordigen right now. So far it looks to good to be true. A bit like a GDPR (UK/FR/EU company) compatible version of Plaid (U.S. based company, allowing to connect 100 bank accounts for free, great for personal use).
For later readers: Nordigen/ GoCardless seems to earn their money by offering hosted customer portals, payment collection, connection of bank accounts of companies you deliver goods to and credit ability checks.
Still reading up what is actually covered by their ISO 27k license, how to delete your accounts (just in case we need to pull the plug), what capabilites you are giving them via your bank connection and from how far back you can request transaction history.
Any help in this research is appreciated. Thanks in advance.