I’ve been an avid user of Venmo and similar apps like Zelle, Cash App, and PayPal—all which are used to pay friends, family, and whoever else. I started to run into an issue where I’d be with a group of people and someone would pay for dinner and another person would pay for drinks. It was getting to be a hassle paying one person X dollars but then subtracting a purchase I paid for from a charge from another person.
Here’s another example. Earlier this year, my roommate and I moved into a new apartment and each of us were paying for things like new furniture, décor, the moving truck, etc. We would either put everything into Excel or charge each other back and forth on Venmo. Realistically this is a minor issue and usually requires simple math or an additional step however, we discovered Tricount which made things 100 times