Nu México, which claims to be a transparent, clear and human digital finance company, has recently announced the implementation of various features in Cuenta Nu and its credit card product.
As noted in a blog post by Nubank (NYSE: NU), these latest features are reportedly designed to provide greater flexibility, security and financial control to its users.
- Mobile recharges: With Cuenta Nu, customers will be able to recharge their mobile with airtime from more than 30 different companies, enjoying the same ease and transparency that characterizes Nu products. To recharge their mobile phone, customers simply look for the “Recharge cell phone” option in the “Pay” section of the app; the option will be marked with the “New” label. They must make sure they have an available balance in their Nu debit account (if their money is in a Cajita, they must first move it to the debit account) and top up. After payment, you will receive a recharge confirmation notification.
- Credit limit increase with savings in Cajitas: Nu Mexico customers will now be able to increase their credit limit quickly and securely using the money held in their Cajitas. This innovative feature allows users to access a higher credit limit without additional paperwork, taking advantage of the funds they already have saved and which will continue to generate competitive returns on their Cajitas Nu.
- Multiple virtual cards and temporary cards with automatic expiration: Another new feature Nu Mexico introduces is the ability to create multiple virtual cards and temporary cards, which automatically expire 24 hours after they are created. This tool allows users to make online purchases with greater security, limiting the use of the card to a specific period of time.
- Customized credit limits for virtual cards: Similarly, users can now define different credit limits for each virtual card they create. This feature is very useful for controlling recurring payments, as it allows customers to manage their spending more efficiently by assigning a specific limit for each purchase or service.
Nu México is committed to innovation and the creation of “solutions that improve the financial experience of its customers.”
The Cuenta Nu and credit card features empower customers providing flexibility, security, control in managing finances.
The “constant” introduction of functions in your products, such as offering tools in order to improve expense management, is one of the steps that you take to “continue ensuring the safety of your customers and to maintain healthy finances.”