Users can create savings accounts and choose between our two models of savings accounts:
- Spare transactions
- Automatica savings
This feature will round up every transaction decimal and save that diffrence to the savings accounts, for example let's imagine a transaction of 1.45 USDC, since we are rounding up 0.55 USDC will be transfered to the savings account. The user can choose if we wants the spare by 1x, 2x or 3x which is the maximum amount. In case user choose 3x, the difference 0.55 will be multiplied by 3 so 0.55 * 3 = 1.65 USDC will be deposited to the savings account.
This feature will transfer automatically every x days (this is set by the user) an specific amount (also se by the user) to the savings account.
If the user doesn't have enough balance in his account to complete the transfer it will just deposit to the savings account the amount available and will inform the user about it.