Poste Italiane has implemented the BancoPosta App. Through the "Your expenses" function, it will be possible to check the movements of your current account with your smartphone.
The new feature will allow customers to set spending goals, manage their budget, while also receiving personalized notifications and monthly reports on expenses made and updated income.
How does it work? The application automatically divides each issue by product category (for example: food and shopping, engines and transport, free time and travel). The user is thus able to personalize the various categories and set a spending target for each one. In case of overruns with respect to the fixed limit, the app will report the exceeding of the established limit with automatic notifications.
In this way, the account holder will be able to keep his budget under control, monitoring incoming and outgoing movements and the balance in real time, avoiding nasty surprises.
