Categorisation

Category: TRANSACTION DETAILS

Transaction Categorisation is a pre-trained solution that processes an end-user's (a person) account information and identifies the type and purpose of a transaction, based on its description, transaction amount, date, and contextual metadata. The solution is trained on millions of data points using advanced algorithms and it's constantly improved to recognise new merchants, payment types and consumer trends. 

Use country parameter for more accuratey results.

If require different set of categories, please contact sales@nordigen.com

Response example

{
     "categorisation": {
          "categoryTitle": "Salary",
          "categoryId": 9,
     }
}

Key Descriptions

KEYTYPEDESCRIPTION
categoryTitleStringTransaction category
categoryIdIntegerUnqiue category ID

 

Category Map

categoryTitlecategoryId
Bank Fees1
Cash2
Entertainment3
Food and Drink4
Health5
Insurance6
Loan7
Refund8
Salary9
Savings and Investments10
Services11
Shopping12
Tax13
Transfers14
Transport15
Travel16
Utilities17
Other99