- Users can now create up to 10 Stashes for different saving purposes
- DuitNow QR payment transactions are now eligible for Round-Ups
- Turbo Boost Round-Up will enable users to reach their saving goals quicker
- Over 100,000 stash and round-up transactions accumulated since its initial launch
BigPay has introduced enhancements to its recently launched feature Stashes. A virtual account that is accessible through the BigPay app. It enables users to organise and save money seperately from their BigPay spending wallet. Users can round up their transactions to the closest Ringgit with the Round-Up option, which will immediately transfer the money into the Stash. Over 100,000 Stash and round-up transactions have been made by BigPay users since its first debut, which was less than a month ago.
Multiple Stashes
BigPay users can now create multiple Stashes for a variety of goals and personalised saving goals. To further encourage better saving habits, individual Stashes may be further customised by adding images, descriptions, and rules like locking their Stash until their savings goal or deadline is achieved.
Savings Goals
Through Turbo Round-ups, which can help users save 2x, 3x, or a set amount more per transaction, allowing users to save money more quickly and achieve their savings objectives. Furthermore, users can also schedule daily, weekly, or monthly deposits into their Stash. Beyond rounds-up through card payment transactions only, users will now be able to round up DuitNow QR payment transactions towards their Stash as well. Users will also be able to view an overview of their financial objectives based on factors like spending habits and stash rules.
“We are delighted to introduce these new enhancements to Stashes that we truly believe will help our users develop healthy financial habits,” Salim Dhanani, CEO & Co-Founder of BigPay shares. “Driving financial well-being is at the core of what we do and through Stashes, we want to help users cultivate a lifelong habit of saving money for their future. It’s great to see the strong take up from our user base and there will be a number of updates coming – including Stashes which earn daily returns.”
From Sep 5 to Oct 2, stand a chance to be one of the 5 weekly winners to win double your Stash amount.
BigPay’s core purpose and objective has been to drive financial health and access since its establishment in 2017. In addition to assisting over 3.3 million users in improving their financial health, the company plans to expand its services and launch new financial solutions throughout Southeast Asia. BigPay’s wallet limit has been raised from RM10,000 to RM20,000. With the increase, users will have a higher spending limit for both domestic and foreign transactions.
BigPay rapidly added its international remittance service to include 38 more countries in the UK and Europe. Through its mobile application, the remittance corridor provides a low-cost, transparent, and accessible manner of moving money abroad, which are the foundations of BigPay’s financial inclusion strategy.
For more information, visit the BigPay website at www.bigpayme.com.