What is Plaid?
Karat Concierge avatar
Written by Karat Concierge
Updated over a week ago

Plaid is a product that lets users securely connect bank accounts to apps. Plaid is used by companies like American Express and Venmo to authenticate and verify bank accounts instantly. You can learn more about it at Plaid.com.

Karat uses Plaid to set the right limits on your card and to set up direct deposit repayment. Plaid processes your account savings, income and expenses, account and routing number, etc.

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