# Traxpend features

> Explore Traxpend features: group expense splitting, AI receipt scanning, debt simplification, category budgets, AI financial reviews, and bankless privacy.

Canonical: https://www.traxpend.com/features
Last updated: 2026-10-16

## Multi-Payer Expense Splitting

*Beyond simple 50/50 splits* (Core)

Split everyday expenses equally, by custom percentage, or proportionally by income. Support multi-payer transactions where multiple people contributed to a single dinner or bill.

## Minimum-Transfer Debt Simplification

*Settle in the fewest possible payments* (Settlement)

Circular debts across the whole group are reduced to the minimum number of payments, so no one is stuck making five transfers.

## AI Receipt Scanning (OCR)

*Line-item and total extraction* (Pro)

Snap a grocery receipt, restaurant bill, or hardware invoice. Traxpend extracts merchant, date, tax, and line items in seconds.

## Category Budgets & 80% Alerts

*Gentle nudges before overspending* (Budgeting)

Set monthly limits on groceries, dining out, or household maintenance. Get an alert when spending reaches 80%, with time to adjust before month-end.

## Monthly AI Reviews & Assistant

*Calm analysis instead of overwhelming charts* (Pro)

Ask questions in plain English, such as "How much did we spend on takeout last month?", and get monthly summaries that highlight anomalies, recurring creep and ways to save.

## Bankless Privacy Architecture

*No bank credentials, zero data selling* (Privacy)

Add expenses by typing, speaking, or scanning. Your financial data is encrypted and never sold to advertisers.

## Multi-Currency Travel Ledgers

*Foreign exchange conversion* (Travel)

Record expenses in euros, yen, dollars or dirhams. Traxpend converts to your base currency and balances debts.

## Wishlist Voting & Shared Goals

*Decide major purchases together* (Collaboration)

Plan household upgrades or family purchases collaboratively. Upvote priorities and set shared savings targets.

## FAQ

### Do all members in my group need an account to use Traxpend?

Each member who wants to log expenses, vote on wishlists, or view balances creates a free account. Free spaces hold up to 5 people; Pro expands this to 50.

### Can I split bills by income rather than equally?

Yes. Set fair percentages once for your household, or use the free [Fair Share calculator](https://www.traxpend.com/tools/fair-share).

### How does receipt scanning work?

Upload a photo or capture a receipt with your phone camera. OCR and AI extract the merchant name, total, date, and a suggested category.

### Does Traxpend connect to my bank account?

No, and that is intentional. You never share banking usernames or passwords.

## Related

- [Pricing](https://www.traxpend.com/pricing)
- [Documentation](https://www.traxpend.com/docs)