What is the difference between transaction categorization and transaction metadata?
Transaction categorization assigns categories such as groceries, utilities, or entertainment to each transaction, making it easier for users to understand the spending behaviour of a customer while Transaction metadata enriches transactions with additional details, providing a more comprehensive view of each financial activity. This can include merchant information, geographical data, and transaction types..
Do I need to link an account to gather insights on the account?
No, you don't need to link an account to get statement insights or transaction categorisation on user bank transactions. You can upload your customer’s transaction history as a CSV file to get the required data as explained in this article.