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Splitwise VS Google Pay

Compare Splitwise VS Google Pay and see what are their differences

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Splitwise logo Splitwise

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!

Google Pay logo Google Pay

Make secure payments right through your Android device.
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • Google Pay Landing page
    Landing page //
    2023-08-03

Splitwise features and specs

  • 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 of Splitwise

  • 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.

Google Pay features and specs

  • Ease of Use
    Google Pay offers a seamless and intuitive interface, making it easy for users to make payments with just a few taps.
  • Wide Acceptance
    Google Pay is widely accepted at numerous online and in-store locations, providing users with a versatile payment option.
  • Security
    Google Pay uses tokenization and encryption to protect user information, ensuring secure transactions.
  • Rewards and Discounts
    Users can take advantage of various rewards programs and discounts available exclusively to Google Pay users.
  • Integration with Google Services
    Seamlessly integrates with other Google services, such as Google Assistant and Gmail, enhancing the overall user experience.
  • Multi-Platform Support
    Google Pay is available on multiple platforms, including Android and iOS, as well as through web browsers.
  • Contactless Payments
    Supports NFC technology, allowing for quick and easy contactless payments at compatible point-of-sale systems.
  • Peer-to-Peer Payments
    Enables users to send and receive money from friends and family effortlessly.

Possible disadvantages of Google Pay

  • Limited Bank Support
    Not all banks and financial institutions support Google Pay, which may limit its use for some users.
  • Privacy Concerns
    As with any digital payment service, there may be concerns regarding how user data is collected, stored, and used by Google.
  • Dependence on Mobile Devices
    Requires a compatible mobile device to use in physical stores, which may not be convenient for all users.
  • Merchant Adoption
    Despite its wide acceptance, there are still some merchants who do not support Google Pay, limiting its ubiquity.
  • Internet Requirement
    Requires an active internet connection for initial setup and sometimes for transactions, which may be a limitation in areas with poor connectivity.
  • Learning Curve for New Users
    Some users may find it challenging to set up and start using Google Pay, particularly those who are not tech-savvy.
  • Potential Fees
    There may be fees associated with certain transactions, such as sending money internationally, which could be a disadvantage for some users.

Analysis of Splitwise

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.

Analysis of Google Pay

Overall verdict

  • Google Pay is a reliable and efficient payment solution for users seeking a straightforward and secure way to handle digital payments and transactions, both online and in-store.

Why this product is good

  • Google Pay is considered a good digital payment platform because it offers a user-friendly interface, diverse functionalities such as sending and receiving money, storing loyalty cards, and integrating with various banking institutions. Moreover, it provides robust security features like tokenization, which protects user data during transactions. Its wide acceptance among retailers and the ability to make contactless payments enhance its convenience for everyday transactions.

Recommended for

  • Individuals who frequently make digital transactions or online purchases.
  • Tech-savvy users who prefer contactless or mobile payments.
  • People who want to consolidate payment methods and loyalty cards into a single platform.
  • Users who value security and want to avoid carrying physical credit or debit cards.

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Google Pay videos

+ Add

Apple Pay vs. Samsung Pay vs. Google Pay: Which is best?

More videos:

  • Tutorial - How to set up and use Google Pay
  • Tutorial - How to Use Google Pay Step by Step in Hindi | By Ishan

Category Popularity

0-100% (relative to Splitwise and Google Pay)

Splitwise

Google Pay

Personal Finance
100 100%
Personal Finance
0% 0
Online Payments
0 0%
Online Payments
100% 100
Expense Tracking
100 100%
Expense Tracking
0% 0
Payment Platform
0 0%
Payment Platform
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Splitwise and Google Pay

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
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 this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
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 application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
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. Once you’ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This one’s not a complete budgeting app but it’s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

Google Pay Reviews

What to Use Instead of PayPal? 10 Best PayPal Alternatives
The best alternatives to PayPal accept a variety of payment methods, but even among those, Podium stands out. Use it to accept every single payment method, including Apple Pay and Google Pay. There are even advanced payment methods available, such as financing, subscriptions, estimates, and Buy Now Pay Later.
Source: www.podium.com.au

Social recommendations and mentions

Based on our record, Google Pay seems to be more popular. It has been mentiond 7 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

Google Pay mentions (7)

  • Google Pay app will no longer be available
    From their website in the UK https://pay.google.com/about/ -------- Google Pay is the fast, simple way to pay on sites, in apps, and in stores using the cards saved to your Google Account. :Add a card to Google Pay: And download Google Wallet to pay with your Android device. ---- I think Google Wallet is just the Android app to use Google Pay and you use it to save cards *to* Google Pay. Really confusing. Classic... - Source: Hacker News / over 1 year ago
  • Wallet as a Service API
    Google Pay is a WAAS API that use to create digital wallets. It provides you fast access to offers by using the Google Wallet API. It makes it straightforward for your customers to add offers to Google Wallet on their phones, providing easy access at the right time. It allows you to connect your bank account with your digital wallet. The most interesting feature of google pay is the group payment. This feature... - Source: dev.to / over 2 years ago
  • Wallet as a Service
    Google Pay Google Pay is another wallet service provided by Google. It is safe and simple to pay and manage your money. It is available for both IOS and Android. The most interesting part of Google Pay is that you can make group payments. Now Group payment means sending or requesting money from a private group. Like other wallet services, Google pay also allows you to connect your cards and accounts with your... - Source: dev.to / over 2 years ago
  • 5 Top Best Untraceable Money Transfer Apps
    Google Pay—the amalgamation of Android Pay and Google Wallet—has been in existence since 2018. It combines an online payment system and a digital wallet platform into a single entity. Source: over 2 years ago
  • Latest App Development Trends for Your Business in 2022
    Google Pay is one of the most popular digital payment apps in the world, with over 100 million users worldwide. The app enables users to pay for goods and services and accept digital payments in some of the world's most remote locations. Source: over 2 years ago
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What are some alternatives?

When comparing Splitwise and Google Pay, you can also consider the following products

Tricount - Manage and share expenses with friends

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

AirPay - Integrate all payment channels via one single API

Splid - Splid helps friends manage their money.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

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