FairSplit vs Split Bit

FairSplit makes it simple to manage shared and personal expenses all in one place. Whether you are traveling with friends, living with roommates, or just tracking your own spending, FairSplit keeps your finances organized, fair, and transparent. Create groups for any event and add expenses in multiple currencies. Scan receipts and log expenses in seconds, or enter them manually if you prefer. Split the total equally or customize shares for each person, including separate tips and taxes for precision. Track your personal and group spending summaries, monitor balances in real time, and always see exactly who owes whom. When it is time to settle up, clear payment requests and automatic balance updates make it quick and stress-free. FairSplit is designed for fast input, accurate calculations, and a frustration-free experience — no more awkward reminders or complicated math. Features: • Create and manage groups for any event • Track both shared and personal expenses • Scan receipts and automatically log expenses • Add expenses in multiple currencies • Split equally or customize each share • Add separate tips and taxes • Real-time “who owes whom” tracking • Personal and group spending summaries • Simple settlement with payment requests • Clean and intuitive interface FairSplit — Shared and personal spending, made simple and fair.

The smartest way to split bills with friends, roommates, and family. Split Bit eliminates the stress of shared expenses. Whether it's a weekend trip, a group dinner, a shared flat, or a team outing - Split Bit handles all the maths automatically, keeps everyone on the same page, and minimises the number of payments needed to settle up. SPLIT BILLS YOUR WAY: Add any shared expense and choose exactly how to divide it: • Equal split - divide the total evenly among members • Exact amounts - assign specific amounts to each person • Percentage - split by custom percentages • Shares - assign weighted shares to each participant SMART DEBT SIMPLIFICATION: Instead of a tangled web of payments, our algorithm calculates the minimum number of transfers needed to clear every balance in a group. Fewer payments, less confusion, faster settlement. INTUITIVE BUDGET REMINDER: Now Users can set budget to the group to limit expenses be it Monthly/Weekly or One time trip budget. HIDDEN SECRET: Now, users and Hide/Unhide Groups by doing 7 taps on Groups Text, and the best part is it is password protected. REAL-TIME BALANCES & ACTIVITY FEED: Always know who owes what. Instant push notifications keep every member up to date the moment a new expense or settlement is recorded. Charts and group summaries show you exactly where the money went. ONE-TAP SETTLE UP: Record a settlement with a single tap. Both parties see updated balances immediately and the activity feed logs the payment - so there's always a clear, shared record. BUILT FOR ANY GROUP: From two friends splitting rent to ten colleagues on a business trip - Split Bit scales effortlessly. Create multiple groups, each with its own members, currency, and full expense history. PRIVATE & SECURE BY DESIGN: • Field-level encryption - group names, descriptions, and expense details are encrypted before reaching the cloud • Only group members can see your expenses • Encryption in transit and at rest • We never sell or share your personal data HOW IT WORKS: 1. Create a group and invite friends by email 2. Log any shared cost and choose how to split it 3. Track balances - see simplified debts at a glance 4. Settle up - one tap records the payment and updates everyone instantly Split Bit is free to download and use. No subscriptions. No hidden fees. Just a cleaner, fairer way to share expenses.