Increase Analysis
What is Increase?
Increase provides enterprise-grade banking APIs for technology companies to programmatically manage money, including ACH, wires, and card services.
Product Features & Capabilities
- ACH, FedACH, Cards, Visa, Bank accounts, Wires, Checks, RTP, real-time authorizations, custom card issuance, tailored compliance programs, same-day ACH, unlimited account numbers, Fedwire, Check 21, FedNow.
Pricing
- Monthly fees vary by use case.
- ACH processing:
- Same-day ACH origination: $2.00/transaction
- Next-day ACH origination: $0.50/transaction
- ACH returns: $5.00/transaction
- Unauthorized returns: $15.00/transaction
- Late return request processing: $25.00/transaction
- Wire processing:
Market Focus
Increase primarily focuses on the financial technology (fintech) industry, providing enterprise-grade banking APIs for technology companies to manage financial transactions programmatically.
Competitors Overview
The main competitors of Increase in the banking API market include:
- Treasury Prime:
- Overview: Treasury Prime offers a banking API that provides access to a live (production) environment and a test (sandbox) environment, allowing developers to test their applications without affectin
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