Using Plaid’s automated bank setup will greatly increase the merchants success rate while also minimizing the time needed for approval. Using the manual account set up will require the merchant type in their routing/transit number and is more error prone.
First page is an explanation on how plaid works and has a link to their privacy policy
Our automated bank setup process uses a secure tool called Plaid that helps expedite your bank verification process. It uses strong security measures to protect your information and doesn’t store any data after use. Plaid connects to almost any bank, making the process quick and easy In fact, large companies like Venmo, Robinhood, Betterment, and more all use Plaid as well.
Second page for Plaid is to select the bank utilized, most common are listed first with a search bar to assist with finding the correct banking institution.
Additional information that is customized per the banking institution that was selected on the previous page to give additional information on the selections that will need to be made.
Once the button is selected to continue to login, a pop-out window is used to bring up the login page for the banking institution.
Once the login and all the verification has been satisfied with your banking institution, you will be presented with a selection of the accounts that you have available with that bank, once that selection is made and accepted you will receive the success screen below.
