Pitch for PayWithMe

Company / App Name: PayWithMe

http://paywith.me/
Twitter – pay_with_me

What does it do?

PayWithMe is a social payment platform that makes it easier for you to collect money. It goes farther than just facilitating the payment – PayWithMe will help you get paid back sooner and more often.

Why do we need it?

Everyone has been in a group payment situation where someone hasn’t paid them back. PayWithMe wants to use group dynamics to start to eliminate these situations.

Who is it for?

Though we are mostly targeting college students and organizations now, anyone who hasn’t been paid back in a group payment situation can use it. It’s great for splitting bills, buying food together, and just about anything.

What makes it stand out from the crowd?

Our social accountability features help people get paid back. Other platforms just facilitate the payment. Using research in group dynamics and social accountability, PayWithMe ensures that you get your money back.

What’s next?

We are going to be developing more social accountability features as well as putting data behind the existing ones to ensure that they work. We will also be moving in the native Android/iOS app market as soon as possible.