Definition: Web Connect is a method of downloading transactions from a financial institution. Web Connect requires downloading a file to your computer and then importing the data from the file into financial software like Quicken.
Web Connect usually lets you specify a date range for the transaction download from the FI while another common data transfer called Direct Connect does not. Another difference between Web Connect and Direct Connect is that while Web Connect downloads data a data file for importing into software, Direct Connect downloads directly from the FI into financial software accounts.
Common Misspellings: WebConnect
