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Splitwise VS Splitty

Compare Splitwise VS Splitty and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

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!

Splitty logo Splitty

Self-checkout in 10 seconds. Boost revenue, increase tips, and get better reviews โ€” with zero transaction fees.
  • Splitwise Landing page
    Landing page //
    2023-01-23
Not present

Splitty is the fastest checkout solution for restaurants. Guests pay their bill in 10 seconds, directly from their table โ€” no waiting, no stress. Restaurants boost revenue, staff earn more tips, tables turn faster, and reviews skyrocket. Fully integrated with POS systems and zero transaction fees.

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.

Splitty features and specs

  • QR & NFC payments
    Guests pay instantly from the table, no waiting.
  • Bill splitting
    Split bills by person, item, or custom amount in seconds.
  • POS integration
    Seamlessly connects with your existing cash register system. Tip

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 Splitty

Overall verdict

  • Splitty is a useful and convenient tool for splitting bills and shared expenses among groups, offering a straightforward way to track who owes what and settle up fairly.

Why this product is good

  • Simplifies the process of dividing shared costs among friends, roommates, or travel companions
  • Reduces confusion and potential conflict over money by keeping expenses transparent
  • Offers an easy-to-use interface for adding expenses and calculating balances
  • Helps ensure everyone pays their fair share without manual calculations

Recommended for

  • Groups of friends splitting costs during trips or vacations
  • Roommates sharing household expenses and rent
  • People organizing group dinners or events with shared bills
  • Anyone who needs a simple way to track and settle shared expenses

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

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

Splitty videos

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Category Popularity

0-100% (relative to Splitwise and Splitty)

Splitwise

Splitty

Personal Finance
100 100%
Personal Finance
0% 0
Restaurants
0 0%
Restaurants
100% 100
Expense Tracking
100 100%
Expense Tracking
0% 0
Restaurant Management
0 0%
Restaurant Management
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 Splitty

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 youโ€™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 oneโ€™s not a complete budgeting app but itโ€™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

Splitty Reviews

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What are some alternatives?

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

Tricount - Manage and share expenses with friends

BillSplit - Split bills with colleagues on Slack

Splid - Splid helps friends manage their money.

/Tab - The simple way to split a bill among friends.

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

Tab.team - Split bar and restaurant bills and checks fairly in minutes. Free, fast, fair splitting for you and your friendsโ€”all in your browser, no download needed.

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