Account Aggregation

Business, Legal & Accounting Glossary

Definition: Account Aggregation



Full Definition of Account Aggregation


Account Aggregation is the name given to a facility which lets you view various bank account or credit card balances online, on the same screen, with only one login needed.

To make it work you need to give the aggregation provider your login details for each account, and then once you log in to the ‘master’ account the web site automatically retrieves your other balances and displays them in an easy to read table.

Account aggregation can be a timesaver for those with many accounts to check on a regular basis, but the security implications of providing account login details shouldn’t be overlooked – make sure any company you provide those details to has a cast-iron security policy and guarantee.


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Account Aggregation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 05, 2020 https://payrollheaven.com/define/account-aggregation/.
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Account Aggregation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/account-aggregation/ (accessed: December 05, 2020).
American Psychological Association (APA):
Account Aggregation. PayrollHeaven.com. Retrieved December 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/account-aggregation/

Definition Sources


Definitions for Account Aggregation are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th March, 2020 | 1 Views.