Why can Woolsocks read my bank account transactions?

Woolsocks can read bank account transactions thanks to the PSD2 licence of our partner BudgetBakers. They cannot, however, take any other action with the account. Once you give your consent, this licence allows us to connect to your bank account and read your transactions. This information is very important for Woolsocks, as it helps us to provide you with the best cashback deals and helps you to manage your finances in order to save more money. 

 

Other articles you might find interesting are: 
Who has access to my transactions?
Is my data safe in Woolsocks? (GDPR)

 

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