Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
GilFlow is smart cash flow management for individuals and teams — track income, expenses, subscriptions, and cash flow across every workspace, on the web and on Android.
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Which is more popular?
Based on our record, Alipay
seems to be more popular. It has been mentioned
2 times
since March 2021.
social mentions
2 vs 0
Online Payments popularity
100% vs 0%
alternatives listed
91 vs 240+
Base details
Website, pricing, platforms and company facts side by side.
Wide Acceptance Alipay is widely accepted across various retailers, both online and offline, particularly in Asia, making it a convenient option for payments.
Security Features Offers multiple security features like facial recognition, fingerprint ID, and encryption to ensure transactions are secure.
User-Friendly Interface The platform provides an intuitive and user-friendly interface, making it easy for users to navigate and perform transactions.
Integrated Services Alipay integrates various services such as travel bookings, utility payments, and financial products, providing a one-stop solution for users.
Low Transaction Fees Generally, Alipay charges low or zero transaction fees, which is attractive for both customers and merchants.
Possible disadvantages
Limited Global Reach Despite its wide acceptance in Asia, Alipay's acceptance is more limited in other regions, which might be inconvenient for international users.
Currency Conversion Costs Users might incur currency conversion costs when making transactions in different currencies, which can add to the overall transaction cost.
Privacy Concerns As with any digital payment platform, there are potential privacy concerns regarding data handling and sharing practices.
Complex Initial Setup For non-Chinese users, the initial account setup can be more complex, requiring verification steps that can be challenging.
Dependence on Internet Access Alipay transactions require an internet connection, which can be a limitation in areas with poor connectivity.
User-Friendly Interface Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
Multi-Platform Availability Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
Expense Tracking The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
Flexible Split Options Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
Currency Conversion Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
Bill Reminders The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
Integration with Payment Platforms Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.
Possible disadvantages
Privacy Concerns Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
Subscription-Based Features Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
Manual Entry Requirement Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
Limited Automatic Reconciliation While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
Dependency on Group Honesty The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
Potential for Confusion The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.
Analysis
An editorial look at what each product does well and who it suits.
AlipaySplitwise
No analysis of Alipay yet.
Overall verdict
Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.
Why this product is good
Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
Supports multiple currencies, which is great for international travel groups.
Integration with payment platforms like PayPal and Venmo for easy settlement of debts.
Recommended for
Roommates who need to regularly split household bills and expenses.
Groups of friends or families who often travel together and need to manage shared travel costs.
Colleagues or classmates working on projects or events that require shared funding.
Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With...
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the...
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group....
Recommendations tracked on public social media and blogs since March 2021.
Alipay2 mentionsSplitwise0 mentions
Verified Freight Forwarders That Will Buy Goods!
The best case would be Alipay 0% which would transfer CNY into PB so no exchange fee. But this option isn't available to most of you.
Source:
over 3 years ago
How to sign up & create an Alipay account without a phone number?
Alipay is a super app designed to offer a bouquet of services to bring convenience into your everyday life. Trusted by 450 million users, Alipay’s offerings span from allowing its users to make payments (send, receive, and spend money...
Source:
almost 5 years ago
Tracking Splitwise since Mar 2021.
Alternatives to Alipay and Splitwise
When comparing Alipay and Splitwise, you can also consider the following products.
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