Q: What is Spot's Group Accounts?
A: Spot's Group Accounts is a feature that allows you to manage shared expenses with up to 10 people. It functions like a joint account where multiple users can contribute and track transactions.
Q: What are some common uses for Group Accounts?
A: Group Accounts are ideal for sharing expenses with friends for group getaways, managing household budgets with a partner, and helping university students pay for their accommodations.
Q: What can I do with a Group Account?
A: With a Group Account, you can top-up or transfer funds into the account, make transactions using scan to pay or the virtual card, track real-time cash flow, add or remove members instantly, and dispute transactions if needed
Q: Where can I find the full Terms and Conditions for shared accounts?
A: You can access the complete Terms and Conditions for Spot's Group Accounts by clicking here
Benefits of Spot's Group Accounts:
- Simplifies managing shared expenses with up to 10 people.
- Enables easy top-up and transfer of funds.
- Offers convenient transaction methods like scan to pay and virtual card.
- Provides real-time tracking of cash flow within the account.
- Allows instant addition and removal of members.
- Supports dispute resolution for transactions.
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