When you connect your financial account to an app or business using Mono, this allows you to share your financial data like statements, transactions, or identity data with a business, so you can access more personalized financial services.
Here's a simple guide on how to connect your bank account to a business using Mono.
On the login or onboarding page of the app you are connecting your account to, click on the button or prompt asking you to link your account using Mono.
You will see a modal telling you that this process is secured and that your credentials are private and protected. To proceed, click on the Select Account button.
A number of available banks will be displayed, Choose the preferred bank you want to connect your account to.
On the next page, select the login method you want to use, this could be either Internet banking or Mobile banking.
After selecting your preferred login method, enter your banking credentials as displayed on the screen.
Some financial accounts might require you to enter a One Time Password (OTP) to continue the login process. You can enter the OTP if prompted.
Next, enter the password of your mobile or internet banking account and click the Continue button.
Finally, you will then see a page pop up indicating that you have successfully connected your account to the business. Click on the Continue button to proceed to the next stage.
P.S: Please note that your credentials will never be made accessible to the mobile or web app you are connecting your account to. Your personal information and login details are encrypted using bank-grade security, during the account linking process. They are also not accessible to anyone and Mono doesn't have access to move your funds without your permission.