In addition to contactless payment for Android users of Monese, also launching across Europe is the new Smart Transactions feature which provides all customers with a wealth of information about their spending. A comprehensive overview of payments will provide users with added details for retail outlets and service providers, Google mapping, and store information.
A monthly breakdown of expenditure will show customers a total number of transactions, and the total and average amount spent, across suppliers, stores and categories. Users can also edit and classify each payment made using different categories. The data will be integrated into an upcoming money management tool that they can use, due to be released in the coming months.