Skip to content

Plaid

Use Plaid Link to connect eligible institutions and normalize supported account, balance, transaction, and recurring data.

Plaid · supported data flowSample company

Authorized source

  • Eligible institution and account metadata
  • Supported balance fields
  • Pending and finalized transactions
  • Supported recurring transaction streams

OwnCents records

Common financial context, with the source retained.

Workspace-scoped

A connection is not a promise of every record

Authorization establishes provider access. What OwnCents can actually ingest depends on the configured connector, provider fields and the supported normalization path.

Supported scopeNot included
Connect supported institutionsReceive online banking passwords
Synchronize supported financial recordsInitiate ACH, wire, or card payments
Normalize provider fields into canonical OwnCents modelsGuarantee institution uptime or data completeness

Institution coverage, provider fields, balances, and refresh timing vary. OwnCents never uses Plaid to initiate or distribute payments.

From authorization to a useful view

  1. Open Plaid Link from an authorized workspace.
  2. Authenticate with an eligible institution.
  3. Choose supported accounts.
  4. Allow the bounded server-side sync to normalize records.

Access stays explicit

Plaid Link handles institution authentication. OwnCents exchanges and encrypts access tokens on the server; access tokens and institution credentials are never returned to the browser.

Provider data is not accounting authority

Sensitive connection actions use server-side workspace checks and step-up MFA. Tokens are encrypted, webhook signatures are verified, and synchronization is bounded and leased.

A successful sync does not approve a journal or establish an accounting treatment. Review source timing, coverage and the applicable workflow before relying on a result.

Questions about Plaid

Who handles institution login?
Plaid Link handles the institution authentication experience; OwnCents does not receive the online banking password.
How quickly does data refresh?
Timing depends on Plaid and the institution, so time-sensitive data should be confirmed at the source.
Can Plaid data post to the ledger automatically?
No. Normalized operating data and controlled accounting posting are separate workflows.

Where the information becomes useful

Connect only what the decision needs.

Explore a read-only sample company, or start with your own supported data.