Q2 Gro-Plaid integration allows customers to instantly authenticate account ownership and funding availability from any FI that Plaid supports, so you can ensure an external transfer will clear at the time the transfer is initiated. The Plaid API provides four authentication methods. The following table describes each method and indicates which methods are available with Q2 Gro-Plaid integration.
Note
You must have a Plaid account to use the Plaid API. For more information, see plaid.com.
|
Authentication Method |
Description |
Supported with Q2 Gro |
|---|---|---|
|
OAuth |
Customers temporarily leave Plaid Link to authenticate and permission data, but are then redirected back to Plaid Link to complete the Link flow and return control to the third-party application. |
Yes |
|
Instant Auth |
Customers are immediately authenticated upon entering their FI credentials. |
Yes |
|
Instant Match |
Customers are authenticated after entering their FI credentials, routing number, and account number. |
No |
|
Automated microdeposits |
Customers enter their FI credentials, routing number, and account number. Plaid makes one microdeposit and customers are authenticated once Plaid automatically verifies the deposit within one to two business days. |
No |
|
Same-day microdeposits |
Customers enter their routing number and account number. Plaid makes two same-day ACH microdeposits and customers are authenticated after manually verifying the deposits within one business day. |
No |