Source: BS
Context:
Lxme, India’s leading financial platform for women, launched LxmePay, the country’s first Unified Payments Interface (UPI) exclusively for women, aimed at empowering them to manage money smarter and build long-term wealth.
Purpose:
- To transform everyday transactions into financial opportunities for women.
- To address challenges such as overspending, losing track of expenses, and missing out on meaningful rewards.
Key Features:
- Digital Gold Rewards: Earn digital gold not only on spends but also when receiving money from other LxmePay users.
- Smart Expense Tracking: Automated insights, categorized spending, and monthly alerts to help women manage budgets effectively.
- Seamless Investment Options: Guided tools within the Lxme app to move from saving to investing.
- Women-Centric Design: Features tailored to women’s unique financial behaviors, goals, and money management needs.