What is ShareIt?
ShareIt is a new app you can use to split expenses with friends and family.
It's separate from the Lunar Bank app.
How do I get ShareIt?
ShareIt can be downloaded directly in your AppStore.
Do I need to be a Lunar user to use ShareIt?
No, you do not. However, if you are not a Lunar user, you will need to sign up in the ShareIt app, while Lunar users will be able to download and use it from the start.
Is ShareIt free?
As a Lunar user, ShareIt is free.
For ShareIt users who do not have Lunar, there will be a fee of DKK 2 per person when settling in the group. This fee can be a maximum of 5 DKK
The fee goes towards ensuring the quality and continued life of the app.
The fee will be deducted at the same time as people settle what they owe to the group.
BONUS: ShareIt is free to use for everyone for the entirety of 2023
How do groups work with ShareIt?
You can both create groups or be invited to them. As a member of a group, you can continuously add expenses and each member of the group can see whether they should pay or be paid.
How can I pay into ShareIt?
You can use the following:
Card
Apple Pay
Lunar checkout (only for Lunar users)
What are the limits for ShareIt payments?
The limits depend on your level of verification.
Phone number: You can be invited to groups and deposit expenses, but not receive or send money.
MitID: You can send or receive money. The limit is 5000 DKK monthly for incoming and spending TOGETHER + 60,000 DKK annually
Lunar Bank user: 30,000 DKK monthly and 100,000 DKK annually.
What are the rules in a group?
You can have a maximum of 40,000 in expenses at once
Maximum members in a group is 10
A group cannot have had more than 40 members in its lifetime
How do I invite friends to ShareIt?
You can invite friends in the following ways:
You can copy and share a link to a ShareIt group directly in Messenger or similar. If your friend is not already a user, they will be directed to the AppStore to download the app.
You can search for and invite existing users directly in the app by name or phone number.
By giving ShareIt access to your contacts on your phone. Existing users will get a link to join the app, while new users will be directed to the AppStore to download the app.