4 ms·
How do you plan to make money? I'm assuming by fronting the payment, YSplit accumulates rewards/points?
by pranavtad 5y ago
How do you plan to make money? I'm assuming by fronting the payment, YSplit accumulates rewards/points?
- tonikami 5y agoThat's right! We also have premium options in the app that costs $6.99/mo. We actually don't front bill payments since we charge everyone their portion before the bill is due.
- jonathanberger 5y agoI tried a couple of searches and skimmed through your homepage and blog, but I couldn't find any information about the premium options. Could you share a link?
- tonikami 5y agoHey, here's a screenshot of the premium options in the app: https://imgur.com/oRusB3M https://imgur.com/oRusB3M To summarize, it's up to 5% cashback, make multiple YSplit virtual cards and splitting rent via check. Paying & splitting recurring bills is completely free.
- siddhartpai 5y agoWhat happens when somebody doesn’t pay their share of the bill?
- Axsuul 5y agoIt looks they charge providers. The incentive makes sense since providers will probably have to do less dunning/collections for money if it's been pooled from multiple people.