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akshith rk

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    8 comments  ·  General » Mobile  ·  Admin →

    Sorry for the trouble! It’d definitely be interesting to transfer money directly through Splitwise (without using PayPal/Venmo/Square Cash/etc). We haven’t built that feature so far because there are a lot of regulations around transferring money, and we’d need to do a lot of technical and legal work, but it’s on our list of possible things to do in the future.

    akshith rk supported this idea  · 
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    akshith rk commented  · 

    Why is Splitwise losing customers to venmo or cash or some other app/company for money transfer...

    The reasoning is based on my group of friends of about 30-40 people from about 2-3 countries... all of them use Splitwise to split bills between themselves... however as Splitwise doesn't have the feature yet, we rely on other apps for money transfer btw us...

    Apps like venmo just came into existence because Splitwise doesn't have this money transfer feature... imagine if Splitwise also provides a money transfer option... there would be no reason for people to use another app... I would not want to share my bank details with 3-4 different apps if I could get all of it done in the same app like Splitwise...

    Again apologies for a loosely constructed essay for what I wrote is based on a true frustration among people I've met.

    If Splitwise could add this feature, it would tap on a lot of customers... looking forward to this feature in Splitwise...

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