Starling Introduces Split Payments: Revolutionizing Management

Starling Bank, known for its innovative features, introduces a groundbreaking addition to its array of services: Split Payments. This new feature aims to streamline the process of organizing incoming funds, offering users unparalleled convenience and control over their finances.

With Split Payments, users can effortlessly allocate their incoming money across various Saving Spaces and Starling accounts in a single action. Whether it’s salary, business earnings, or allowances for children’s Kite Cards, users can now tailor their allocations with ease.

The process is straightforward: users simply need to navigate to their transaction feed, select the payment they wish to split, choose the desired allocation method (percentage or specific amount), and confirm their choices. The funds are then swiftly distributed according to the user’s preferences.

This innovative tool not only simplifies money management but also encourages healthy saving habits. Users can designate a portion of their income to savings instantly, fostering a proactive approach to financial planning.

Starling Bank Introduces Split Payments: Revolutionizing Management

One of the notable advantages of split payments is their flexibility. Users can split payments based on percentage, allowing for seamless VAT returns for business account holders. Additionally, Split Payments can be organized for any incoming payment within the last three days without any constraints on value.

Helen Bierton, Starling’s Chief Banking Officer, expressed excitement about the launch, highlighting how Split Payments empowers customers to take budgeting to the next level. By providing a user-friendly solution to managing finances, Starling reaffirms its commitment to customer-centric innovation.

Furthermore, Starling’s joint account feature continues to set it apart in the digital banking sphere. Offering hassle-free setup and seamless collaboration between account holders, it caters to individuals with shared financial responsibilities.

As the financial landscape evolves, Starling Bank remains at the forefront of innovation, continuously enhancing its services to meet the diverse needs of its customers. With Split Payments, managing finances has never been more convenient, empowering users to achieve their financial goals with confidence.

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