Revolut Launches Expense-Splitting Feature
Revolut Ltd., the British financial technology (FinTech) company, has introduced Group Bills, a simple way to track, split and settle expenses instantly, in one place.
With the new service, users add bills to their “group” and track them in one place. When it’s time to make payments, the app can make instant transfers when customers are on Revolut.
“From two to 20 people, splitting group expenses has never been easier,” the company said in a statement. “No need to have those awkward conversations: Simply send a payment reminder and Revolut will send an automatic notification to your friend about payback.”
The service can split bills with accuracy without users having to do the math, Revolut said. Group Bills determines how much each person needs to pay, and also adds a name and photo for security.
