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Setting Up Bank Transfers on ShareGrid Using Plaid
Setting Up Bank Transfers on ShareGrid Using Plaid

A Step-by-Step Guide to Securely Linking Your Bank Account

Dave avatar
Written by Dave
Updated over 5 months ago

Linking your bank account to ShareGrid for payments is straightforward and secure, thanks to our integration with Plaid. Follow these steps to set up your bank transfer quickly:
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1. Choose Plaid During Payment:

  • Select "New Bank Transfer" to use Plaid for bank transfers when paying.
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2. Select Your Bank:

  • You will see a list of banks. Choose your banking institution from this list.
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3. Secure Login:

  • Log in using your online banking credentials. This process is secure and necessary to establish the connection between your bank and ShareGrid.

4. Instant Verification:

  • Unlike traditional methods that require micro-deposits for verification, Plaid links your bank account instantly, allowing you to proceed without delays.

Privacy and Security:

  • Plaid adheres to high-security standards to protect your information, and ShareGrid does not store your banking login details.

Note on ACH Payments:

  • If you opt for ACH payments, be aware they can take up to 5 business days to process. This method is cost-effective for more significant transactions due to lower processing fees.

Using Plaid on ShareGrid ensures a seamless and secure transaction experience. Please contact our support team if you have questions or need further assistance.

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