Keeping track of finances is really a difficult task; the new Wesabe’s iPhone application will make this job simple and quick. With this application users can now track and manage their money, tag transactions, track spending targets and edit categories on their iPhones.
The application lets members use their iPhones to monitor all their bank account balances and credit card accounts through a single platform. This Wesabe’s quick and time saving application uses iPhone’s GPS and Yahoo! local APIs to provide names of closest merchants when a user inputs a purchase.
Marc Hedlund, CEO of Wesabe commented, “With Wesabe’s iPhone app, consumers can see exactly how much money they have anytime, anywhere, which leads to better-informed buying decisions,” and he further adds, “This app also solves the problem of tracking cash purchases, which are often a budget black hole. Now iPhone users have a fast, easy way to document those little expenses that can add up to make a big financial dent.”
This productive application is designed to take complete advantage of the iPhone’s functions. Users can hold the phone upright for a text view and they can flip their devices for a graph view, which will display an interactive graph of spending vs. earnings.
“Unlike other applications that just show a static, read-only snapshot of your finances, the Wesabe iPhone app uses the full capabilities of the iPhone – GPS technology, web browsing features, graphics-rich views, and incredibly easy interaction,” said Hedlund.
The Wesabe’s iPhone application also takes care of the security aspect by protecting your finances from prying eyes. It uses a Wesabe specific PIN with an optional 4 digit passcode which will lock the financial information on the iPhone. Users can also block access to the application in the event of lost or stolen cellphones. Moreover, if you are lucky enough to get your mobile phone back, all the data can be restored. It also provides full support for worldwide currencies.
The application will allow users to manage their money and make better financial decisions. Users can download this application from the Apple App Store for free.