As the world shrinks into your handheld device, the mobile phone is becoming very increasingly popular for most of us. Yet one more application developed by Chennai based Flexscient Technologies called PaisaGate which keeps track of our daily spending through short text messages.
PaisaGate is a money management service that helps users with budget planning and expense tracking using SMS, mobile application or online interfaces. Users get daily updates on expenses and a consolidated expense report at the end of the month. The PaisaGate expenditure tracking solution has been designed with the large mobile subscriber base in India that still uses ‘basic' mobile phones.
Ideally, any mobile phone that supports Java can use the service. The first task the used have to do is to download PaisaGate application on to the phone from the website: www.flexscient.com. If your phone has no GPRS, it can be blue-toothed, or transferred via cable on to the phone from a desktop or laptop.
For a case in point, if a user types in petrol 80, indicating the amount spent on petrol during the day and sends via SMS to the server, these expense inputs are automatically categorized by the software into different expense heads and a consolidated report is sent to the users every night at the end of the month.
Standard charges are applicable to users for SMS by their mobile phone service provider, when sending SMS to the service. This service is offered in three different subscription packages — Personal, Group and Professional. The Group and Professional packages enable a group of members (e.g. a team, household, small business) to track their expenses in a centralized account.
PaisaGate is available for subscription for 6 months for a fee of around Rs. 150. Users and try for a one month free by registering with this linkhttp://www.paisagate.com/
