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Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Split Bill lets you divide a shared expense and send payment requests to up to 12 contacts at once - using any of the 300+ assets supported on Krak.
Instead of following up with people one by one, you initiate a single split and Krak sends each person their own request. From there, it works just like a standard peer-to-peer payment on Krak.
You can split the total equally or assign a custom amount to each person. The full amount and each person's share are clearly displayed in your chosen currency, so there's no confusion about what anyone owes.
Decide What You Want to Split
There are two ways to start a Split Bill:
1. From a transaction in your Activity feed:
If you've just paid for something - dinner, drinks, event tickets - tap the transaction in your Activity feed to split it instantly. The amount is pre-filled, so you can skip straight to choosing who to split with.
2. From the Receive flow:
If the payment was made using another account or method, you can start a fresh Split Bill from the home screen.
Select Your Contacts
Your recent contacts appear at the top of the screen for quick access. Use the search bar to find someone specific.
You are included in the split by default (as the person who already paid). You can remove yourself if you prefer not to be counted.
Set the Amount and Asset
Enter the total bill amount in the asset you'd like to receive. Use the asset selector to switch currencies - only one asset per split is supported.
Tap + to add a tip or extra charge
Tap − to deduct an amount
Tap × or ÷ to multiply or divide the amount
Tap = to apply the calculation
Choose How Much to Request from Each Person
By default, Krak splits the total equally across all participants - everyone receives a request for the same amount. Switch to custom mode if different amounts apply to different people.
You will not be able to proceed if the enter values don’t add up to the total amount.
Send and Track Your Requests
When you're ready, tap Split Bill. Krak sends a payment request to each contact individually.
All pending requests will appear in your Inbox. Each one shows the contact's Kraktag, name, amount, and status. Once a contact pays, the payment will appear in your Activity feed and the amount will be reflected in your balance.