Plaid Terms of Use

These terms govern how businesses and developers may use Plaid's Services. Clients must get proper user consents, may only use End User data for Plaid-approved purposes, and bear full responsibility for any legal violations they commit. Plaid can terminate access immediately for compliance failures, and Plaid's liability to Clients is narrowly limited by a broad exclusion of indirect and consequential damages.

Plaid's Terms of Use establish the operational, data-use, and compliance obligations governing the relationship between Plaid and its Clients and Partners. The Client must obtain all legally required notices and consents from End Users before those users engage with Client Applications that use Plaid's Services, and may only process End User data—including aggregated or anonymized forms—for the specific written use case Plaid has approved. Plaid may suspend, revoke, or terminate the Client's access without notice or liability upon a failed Compliance Review or failure to respond fully within three business days. Plaid excludes all indirect, special, incidental, consequential, exemplary, and punitive damages, and places full indemnification responsibility on the Client for third-party claims arising from the Client's legal violations. Partners must maintain 99.9% monthly availability, implement Plaid-specified security and compliance updates within Plaid's stated deadlines, and provide Plaid's Data Access Method on non-discriminatory terms relative to any similar third party.

Individual End Users are not direct parties to these Terms; their interests are protected indirectly through the Client's obligations. Before an End User can use a Client Application in a way that involves Plaid's Services, the Client must provide all legally required notices and obtain all legally required consents. Marketing or advertising to an End User using Plaid's Bank Intelligence products or Plaid Data Partner Output is permitted only on the basis of that End User's express consent. End User data—including aggregated or anonymized versions—may only be used for the specific written use case Plaid has approved, limiting how broadly a Client may exploit that data.