Integration Highlight: PayTap
This series, Integration Highlights, is a collection of entrepreneurs and projects that are using Dwolla to provide their users with new experiences, ideas and possibilities. You can find this story and others on Dwolla’s Pinterest board. Enjoy!
Do you have a kid in college who needs a little help on their bills from time to time? Or maybe you’re helping pay for the living assistance of an elderly relative, and you need to split the bill four ways amongst the family? What about chipping in for gifts from places, like Amazon? In any case, you’d like to know exactly what you are paying for, and that the person that you are trying to help is receiving the help.
No longer do you have to worry about getting the short end of the stick or being left in the dark about bills, thanks to PayTap. These guys have made it possible to easily upload bills and tactfully share them with your friends and family so that you can work as a group to get them paid off. It also lets you monitor which contributors have paid their share, and how much you are short. All the while, PayTap keeps your financial information safe, whether that be a bank account, credit card or Dwolla account.
I decided to take this as an opportunity to buy a book from Amazon for a colleague’s upcoming birthday, with Dwolla of course. Yup, you can use Amazon for group purchasing, like going in on a big wedding gift for a friend and splitting it evenly between six other friends. I want to buy Sorry Please Thank You: Stories by Charles Yu, and I find it easily through a quick search.
I choose my book, and decide to share/split the purchase with my coworker Ian. Adding him to the purchase is amazingly simple, it’s just an email address or social connection away. After I do so, I can determine how much I want him to pay.
Realizing that Ian would never give me a dime for the book, I take him off the purchase and am faced with three payment options, credit card, bank account or Dwolla. Choosing Dwolla, I move quickly through the rest of the checkout process and am faced with a PIN confirmation of my purchase after I provide my Dwolla login.
Pretty slick, huh?
And we aren’t the only ones that think PayTap is doing pretty cool stuff, they recently presented at TCDisrupt and were selected as one of the eight Best of Show winners at FinovateFall, out of 64 companies that presented.