Lydia lets you create shared accounts to do common expenses and manage them easily, from your mobile.
It takes a whole lot of 10 seconds to create a shared account. It can be entirely managed by the members from their mobile device. Depending on the admin rights given by the administrator(s) of the shared account, a member can spend the money on it by using Lydia payment methods.
- A physical card for card payments in store or withdrawing money from an ATM ;
- A virtual card for contactless mobile payments with the smartphone ;
- single use cards for online purchase ;
- Transfer money towards another account.
All the things you can do with a shared account
The duo account, the common account to be shared by two 🥰
For a couple, you and your significant other can top it up at the start of the month, then pay the bills and the groceries along the way using the shared account's money. Thanks to a dedicated IBAN, they can even receive their salary directly on it.
The group account, for vacations with several people 😎
What a convenient solution to be using for trips away with friends! A single account can now be used for all your common expenses (ticket booking, rental expanses, party and other group activities). No matter how many people you are travelling with. You will not have to reimburse 5 people anymore. It also works for roommates, for instance.