# IOU vs Receiptify

The clearest difference is rating: Receiptify at 5.0 against IOU's 4.4. Receiptify also leads on iOS requirement (15.1 vs 26.0). IOU's advantage is ratings volume (17 vs 1). On price, update cadence, ads and in-app purchases there is nothing between them.

Both are free to download. IOU sells 5 in-app purchases, starting at $0.99 per month and Receiptify sells 2 in-app purchases, starting at $2.99 per month. Whichever you choose, the download price is not the number that matters.

Receiptify holds the better App Store score, 5.0 against 4.4. That said, the two scores are not equally well evidenced: IOU has 17 ratings behind it against 1, so its average is the more settled of the two.

IOU ships an update fortnightly, Receiptify every 2 weeks. The most recent releases landed on September 25, 2026 and October 7, 2026 respectively.

## The numbers

| Metric | IOU | Receiptify |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.4 (17 ratings)](https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294/reviews) | **[5.0 (1 ratings)](https://appshunter.io/ios/app/receiptify-bill-split-scan/id6766052845/reviews)** |
| Number of ratings | **17** | 1 |
| Positive reviews | 60.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Fortnightly | **Every 2 weeks** |
| Monetization | Freemium | Freemium |
| Size | 53 MB | 43 MB |
| Requires iOS | 26.0 | **15.1** |
| Devices | **iPhone, iPad, Vision Pro** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Eric Agredo](https://appshunter.io/developer/1475112741) | [Ivan Del Rio](https://appshunter.io/developer/1745847622) |

## What reviewers say

### IOU

[App page](https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294)

Effortlessly split bills with friends by scanning receipts. The app itemizes purchases, assigns them to individuals, and calculates each person's total including tip and tax. Avoid manual calculations and ensure fair payment among your group.

**Highlights:** Receipt scanning and itemization, Assign items to individuals, Automatic tax and tip calculation, Per-person total calculation, Eliminates manual bill splitting

**Features:** Family Sharing

**In-app purchases (5)**

| Purchase | Price | Billing |
| --- | --- | --- |
| IOU Pro | $0.99 | per month |
| IOU Pro | $2.99 | per month |
| IOU Pro | $6.99 | per year |
| IOU Pro | $24.99 | per year |
| Lifetime IOU Pro | $29.99 | one-time |


### Receiptify

[App page](https://appshunter.io/ios/app/receiptify-bill-split-scan/id6766052845)

Easily split restaurant bills by snapping a photo of your receipt. Guests can claim items in real-time via a shareable link, with payment options integrated. Offers a simple interface and privacy-focused design.

**Highlights:** Receipt scanning and item parsing, Real-time item claiming via shareable link, Integrated payment options (Venmo, PayPal, etc.), Friend Tabs for frequent splitters, Universal links for guests (app or browser), Privacy-focused design

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Split the Bill Pro Monthly | $2.99 | per month |
| Split the Bill Pro Annual | $19.99 | per year |


## Frequently asked questions

### Is IOU free?

IOU is free to download, with in-app purchases available.

### Is Receiptify free?

Receiptify is free to download, with in-app purchases available.

### Which has better reviews, IOU or Receiptify?

Receiptify is rated higher. IOU averages 4.4 out of 5 from 17 ratings, while Receiptify averages 5.0 from 1 ratings.

### Do IOU or Receiptify have ads?

Neither IOU nor Receiptify shows ads.

### Which is updated more often, IOU or Receiptify?

IOU ships an update fortnightly, and Receiptify every 2 weeks. Most recently, IOU was updated on September 25, 2026 and Receiptify on October 7, 2026.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*