Revolut launches Group Bills

Revolut has announced the launch of Group Bills, a way to track, split, and settle expenses in one place. 

„We’ve all been there. You’re taking a trip with friends and don’t have an easy way to split the bills. Or you live with flatmates and need an easy way to settle up stress-free whenever you buy the pizza and they’ve covered the drinks for film night. Don’t worry. Managing group expenses just got easier with Group Bills„, Revolut said. 

In this way, customers can add bills to their Group and track them all in one place. And when it’s time to settle up, Group Bills can be settled in the app, with instant transfers when customers are both on Revolut. Therefore, customers will need to send a payment reminder and Revolut will send an automatic notification to the friend about payback.

„Create and customise your Group with a name and photo so you can keep track of what goes where – and then you can invite friends and family to share expenses with you! From two to twenty people, splitting group expenses has never been easier,” according to Revolut.

Group Bills manages dividing the bills. Customers can split with precision, deciding exactly how much of a bill each person needs to pay back. To get started, Revolut customers need to update their app to the latest version (7.9), then tap on Group Bills in the Payments tab to start tracking their group expenses.

„You can add bills instantly with a tap. Once they’re in the Group, tell us the split and we’ll do the maths – in multiple currencies! Split with precision, deciding exactly how much of a bill each person needs to pay back. Whether you’ve paid with cash, or a card from elsewhere, you can add all your bills to your Group to track, split, and settle in one place,” Revolut added.

„And when it’s time to settle up…no need to go anywhere. Pay and get paid in the app, with instant transfers when you’re both on Revolut. No need to have those awkward conversations when someone owes you. Just make a request and we’ll send a notification to let them know it’s time to pay up. It’s as simple as that.”