What is Transaction Metadata V2?
Transaction metadata V2 offers an improved classification capability that ensures consistent and reliable results for various transaction types, provides useful insights about an account’s transactions, and enables developers to build powerful financial applications.
How does it work?
The model assigns a standardized classification label to each transaction, enabling easy filtering, sorting, and aggregation based on specific categories. To learn how it works;
Make sure you are enabled for Transaction Meta Data in the Products module on the Mono Dashboard.
Connect an account on the Mono widget using any app
Use the Transaction API with the account ID and app secret key
Transaction Categories are returned for each transaction in the response.
Here's how to activate this add-on on the Mono dashboard
1. To activate transaction Metadata, log in to the Mono dashboard and navigate to the "More" tab.
2. It would expand to give more options, then click on "Products".
3. Under the "Add-ons" category, click the Add to Plan button for Transaction Metadata.
4. You will be redirected to the page below. Click on "Activate Add-On" to complete
the activation process.
You can learn more about how to integrate this API into your service here.