Bangalore, November 25, 2013: Bangalore-based Perfios (short for Personal Finance One Stop) has launched its popular Android App at the Google Play Store. The app automatically connects with all the bank and credit card accounts of the user and gives a complete picture of the user's current cash position. Any Indian bank/credit card account can be tracked using this Android app. The app also features a budgeting section which enables users to track the current expenses vis-à-vis the dedicated monthly/ annual amounts for the defined categories. One can easily add cash transactions also in this app.
Says V. R. Govindarajan, Co-founder and director of the Perfios: "With around 600 million Indian population having a mobile phone and 150 million users actually using internet on their mobile phones, there is a huge potential for Perfios to address the needs of this mobile-savvy population. In addition to our web application which is the most comprehensive personal finance application for the Indian market, our Beta launch of this Android app caters to the most common need of any mobile user- managing bank accounts, credit cards and cash transactions. Even with the increasing adaption of online and card payments cash transactions are still a major part of a typical user's spend and are not tracked at all. This Android app from Perfios gives its users to quickly enter/monitor such transactions in addition to tracking all bank and credit card accounts."