Wanna split bills via social media?
dubai — Liv., the lifestyle digital bank by Emirates NBD, has announced 2 new features within its mobile app, allowing customers to instantly split bills with friends and family and tag their expenses according to personalised categories.
A year since beginning operations, Liv. is building a portfolio of services that cater to the specific needs of its millennial customer base, offering them 24x7 digital convenience.
‘Bill Split’ allows customers to instantly pay for a bill on their Liv. debit card and send money request notifications via social channels (including Whatsapp and Facebook) to friends and family. The service makes it easier and quicker for large groups of people to split dinner, cinema and other bills while going out, and allows the payer to keep clear track of who has repaid them.
The second new feature, ‘My Tag’ is an expense management tool which helps users understand where they spend most of their money and thus, budget better. Liv. offers customers insights in a simple format, for example, tracking how much they spend on coffee every month, so they can plan future expenses.
Suvo Sarkar, senior executive vice-president, head of retail banking and wealth management, Emirates NBD said: “Our new features have been designed keeping in mind the feedback we have received, along with the evolving technological and lifestyle preferences of our customers.”