Unlike banks, opening your account with us only takes a few minutes and can be done with the ease of your phone. All digital, no branch locations.
Maintain full spending control by setting up different wallets for groceries, utilities, even a savings wallet, and more, auto fund them monthly, to ensure you are always on budget.
A wallet can be set up with multiple signers that can each independently use the account. Or set it up where signers, such as children, need approval. Put limits on exactly what and where the money can only be used for, such as food, bills and at the NYU canteen. The choice is yours.
It’s a breeze to transfer money between member accounts. Easily receive and pay invoices, checkout online, in store or just send money to friends and family around the world regardless of currencies.
Pay Invoices, or transfer funds to anyone, anywhere around the world. Get paid in a split second regardless of borders or currencies. Currency conversion is done on the ledger, at inter bank exchange rates and with 0 fees.
Never miss a payment and keep your credit score up with on time payments. Upon agreement with any company, you can authorize received SAVX Smart Invoice™ by your wallet to be auto paid, so your next Phone bill received into your SAVX wallet will auto pay till the due date.
Simply swap your money with other members. You get cheaper rates, leaving you with more to spend. No middlemen, no unclear charges, no hidden fees or shocks when you get back home.
Maintain multiple wallets with different currencies, so you can seamlessly deal globally, or while abroad and enjoy frictionless global transactions.
Swap your money at inter bank exchange rates, online with other members or travelers. And then do a simple, local P2P withdraw. Any location, worldwide.
Cut out the middle man and any need for third-party transaction processing. Instead of using a bank that uploads your personal data up to a cloud server or store it in a single location, SAVX’s system breaks everything into small chunks and distributes them across the entire network of computers. It’s a digital ledger of transactions that lacks a central control point.
You no longer have to place your trust in a vendor or service provider when you can now rely on a decentralized, immutable ledger.
Instantly spot if someone tries to change a record. Effortlessly check file signatures to verify that they haven’t been changed. Everything that occurs in SAVX is Biometrical verified, and encrypted, so it’s possible to prove whether data has or has not been altered. If someone does change a record, their signature is rendered invalid, among other consequences, legal and otherwise.
SAVX protects your accounts. Traditional networks can be (and often are) easily broken into by hackers that exfiltrate or corrupt data. With SAVX, all your data is decentralized, encrypted, and cross-checked by the whole network, and every legitimate transaction is confirmed by multiple nodes on the network.