We are thrilled to announce our partnership with Cino, an Estonia-based innovative digital service, to introduce virtual Visa Debit cards that will revolutionize how users split bills among friends, partners, and roommates. This groundbreaking collaboration aims to streamline sharing expenses for everyday items like food, rent, and groceries, making it more efficient and enjoyable than ever.
Cino is a unique app that allows users to effortlessly manage joint expenses by linking their existing bank accounts or debit cards to the platform. Users can create designated groups for various purposes, such as shared living arrangements, group vacations, and social events. Within these groups, members can easily set up cost ratios to determine each individual’s contribution to the shared expenses. This streamlined process eliminates the need for manual calculations and awkward money conversations, enabling people to focus on their relationships and shared experiences.
As an official VISA partner and licensed financial institution, Wallester is proud to power the virtual card solution at the core of Cino’s functionality. Users of Cino can now issue shared virtual cards that can be linked to digital wallets, like Apple Pay and Google Pay, for seamless, contactless transactions. These virtual cards can be used for both one-time expenses and recurring payments, providing users with the flexibility to manage their financial commitments as needed. With virtual cards’ added security and convenience, users can confidently manage their shared expenses through the Cino platform.
Cino’s user-friendly interface and innovative features make it a standout solution for those seeking to improve how they split bills. The platform’s tap-and-split feature automatically divides expenses among group members without requiring additional steps from the user. Cino also eliminates the need for top-ups or money requests, making the entire process hassle-free. Moreover, Cino’s bill-splitting functionality is not restricted to users who share the same bank; it works seamlessly with multiple financial institutions, increasing its accessibility and convenience.
In addition to simplifying bill splitting, Cino offers expense-tracking capabilities, automatically categorizing and documenting each transaction. This feature allows users to monitor their spending habits and better understand their financial patterns. By providing a comprehensive overview of shared expenses, Cino empowers users to make more informed financial decisions.
Our collaboration with Cino is a testament to Wallester’s commitment to delivering innovative, embedded financial solutions in the European Economic Area. On behalf of the Wallester team, we would like to express our sincere gratitude to the fantastic team at Cino for entrusting us with the opportunity to be their card-issuing partner. Working with you is an absolute pleasure!
To experience the benefits of Cino’s virtual Visa Debit cards for yourself, sign up for a free trial today at https://www.getcino.com/. Join the growing community of users who are transforming how they manage shared expenses with the help of Wallester and Cino.
Learn more about how you can launch your own white-labeled card program here!