Software Alternatives & Startups

Splitwise VS Mercari

Compare Splitwise VS Mercari and see what are their differences

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!

Rating
0 reviews
Mercari

Mercari provides a hassle-free and secure way for anyone to buy and sell stuff straight from their mobile device. We provide a buyer protection guarantee so you can buy in confidence. About UsFurther Information.

Rating
0 reviews
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Mercari seems to be more popular. It has been mentioned 19 times since March 2021.

social mentions
0 vs 19
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 220

Base details

Website, pricing, platforms and company facts side by side.

Splitwise
Mercari
Website splitwise.com mercari.com
Listed in

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Mercari 5 features
  • 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.
  • User-Friendly Interface
    Mercari provides a clean, intuitive interface that makes it easy for users to list and purchase items quickly.
  • Wide Variety of Items
    Mercari offers a diverse range of products ranging from clothing to electronics, giving buyers plenty of options.
  • Simple Listing Process
    Sellers can list items using a straightforward process, including taking photos, writing descriptions, and setting prices.
  • No Listing Fees
    Mercari does not charge sellers to list an item, making it cost-effective to post multiple items.
  • Buyer Protection
    Mercari offers protection for buyers through their in-app communication and secure payment system, reducing the risk of scams.

Possible disadvantages

  • Seller Fees
    While there are no listing fees, Mercari charges a 10% seller fee on each completed sale, which can add up.
  • Shipping Costs
    Shipping is an additional cost that buyers and sellers must consider, and it can sometimes be expensive depending on the item’s size and weight.
  • Frequent Scams and Fraud
    Despite security measures, some users have experienced scams and fraudulent activity on the platform.
  • Customer Service Issues
    Some users have reported difficulties in getting timely responses and resolutions from Mercari's customer service.
  • Competition Among Sellers
    There is high competition among sellers, which can make it harder for new sellers to establish themselves and make sales.

Analysis

An editorial look at what each product does well and who it suits.

Splitwise
Mercari

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.

No analysis of Mercari yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Mercari 3 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

MERCARI REVIEW| PROS AND CONS

More videos

  • - Before You Start Selling On Mercari Watch This
  • - Mercari Tutorial: How To Sell Fast On Mercari (2020 Review)

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitwise
Mercari
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

Share your experience with using Splitwise and Mercari. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Splitwise no reviews yet
Mercari no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitwise 0 mentions
Mercari 19 mentions

Tracking Splitwise since Mar 2021.

  • Re: like Enell but cheaper? Or a Canadian source?
    Second-hand sites like poshmark.com, vinted.com, mercari.com, ebay.com, bratabase.com/listings, r/braswap, I even bought a NWT Panache Wired Sports bra for $20 off Facebook marketplace! LOL. Obvi, you can still find NWT from second-hand... Source: over 3 years ago
  • reasonable priced swimwear and bras?
    The final sale stuff on Breakout Bras website is best prices I've found for the U.S. (outside of second-hand sites like poshmark.com, ebay.com vinted.com, mercari.com, the usual suspects. You can still find NWT stuff on these sites. I... Source: over 3 years ago
  • Podcasters promoting hobby lobby
    I have also bought a lot of yarn on Mercari Lots of hand dyed yarn, name brands from individuals de-stash, estates. Source: over 3 years ago

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Alternatives to Splitwise and Mercari

When comparing Splitwise and Mercari, you can also consider the following products.