Plaid

Using a direct Knot <> Plaid integration to detect merchants where users are spending.

Introduction

Knot has a partnership with Plaid, described in Plaid's documentation here. This partnership allows Knot to use Plaid's processor_token functionality to retrieve transaction data from Plaid for the purpose of detecting merchants where users are spending.

By creating a processor_token through Plaid's API and providing that to Knot when you create a session to initialize the Knot SDK, merchants where the end user is spending will be automatically detected and modified to be more prominent in the user experience. This will in turn help improve conversion for your product experience.

Setup

  1. Follow Plaid's documentation to create a processor_token.
  2. Pass the processor_token in the request to the /create/session endpoint when creating a session to initialize the Knot SDK.