Payment Initiation in the UK is a convenient way for users to make real-time payments without manually entering account numbers or codes. This feature enables users to fund their accounts, make online payments, and pay invoices seamlessly and securely from within an app or website. Payment Initiation uses Open Banking APIs to authenticate bank accounts automatically, making it easy for customers to confirm the amount and payee information that has been pre-populated by the application. Once initiated, funds are instantly pushed to the recipient account, with the payment status returned to the developer dashboard for tracking purposes. This innovative feature is now available in the UK, expanding Plaid's mission to make money easier for everyone, regardless of their banking or residency situation.