Sharing money among friends isn’t uncommon, but keeping track of all those pennies and little amounts is rather tricky and many times, irksome too. You could neither ask your money directly, nor remember the exact amounts properly.
It is at this juncture that Billpin comes to your rescue.
Billpin helps you keep a track of all the money that you have given/owe among your friends.
Recently, I had been to Jaisalmer and Jodhpur on a leisure trip with 8 of my friends and we did face a hard time keeping track of the money being shared and who owed whom and how much. Among friends, it does seem absurd while asking money, but maybe a virtual way of asking might really be much better than physical requests.
The App is free to download, works on both Android and iOS, and is quite simple to use. It first sync’s your address book, and uses facebook to tag your friends onto the bills. It’s not necessary that your friend needs to have the app on their mobile.
Your friend, will automatically get the message, and most probably (have to, because you asked) download the app and would transfer the amount into your hands.).
Its a new startup, and so, doesn’t feature any ads as well.
The front page of the app shows the ongoing tally of money a user is owed by friends, and the amount that they owe others, with a specific breakdown of the cost recent items loaded. Clicking on an individual bill pulls up its details — including friends that are tagged, total cost, location (if available) and more.
Since this app works on a mutual pact among friends, don’t think of dragging your friends to courts for pending payments using Billpin, since billpin helps maintain accounts but isn’t legally binding.
Well, I do not certainly know if any competitive apps do exist for this kind of task, but this app does look promising. Simple layout, easy interface and handles the money transfer task quite easily. Quite appreciable.