PayByGroup has announced the beta launch of a web-based application that facilitates multiple-party group purchases.
“For many people, finding out who is committed and what everyone owes takes quite a bit of time, energy and coordination, and frankly can be quite uncomfortable,” said Camilo Acosta, CEO of PayByGroup. “The platform is a game-changer in terms of eliminating the friction often associated with these activities and providing a simple channel for users to spread the word to potential participants via email, Facebook and Twitter.”
PayByGroup allows organizers to choose how to split the cost among individuals, and the service can charge different amounts based on how many people join. Website is located at www.paybygroup.com.