The fear of missing payments and over-spending results in millennials feeling wary toward credit card usage, which is why the 'Debitize' app and its accompanying service is proving to be highly beneficial for the financially stressed demographic.
The app, which syncs to one's banking account, unobtrusively takes care of payments, leaving the user free to spend. Each time the credit card is used, the app will deduct a portion of the payment from one's chequing account, storing it into a separate account. To make matters even more hands-off for the user, the app will handle credit card bills, paying them on time with the money that has been put aside in the designated savings account.
The Debitize app presents a more streamlined means of credit card usage, that enables a consumer to reap the benefits, while eliminating the risks.
Credit Card-Paying Apps
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Wallet-Replacing Smart Cards
Millennial-Only Food Trucks
Instantaneous Mobile Bank Accounts
Grocery Payment Apps
Crowdsourced College Accounts