FairShare vs Split Bit

FairShare makes splitting group expenses simple, transparent, and stress-free. Whether you're on a trip with friends, sharing a rental, or splitting dinner tabs, FairShare keeps everyone on the same page with real-time expense tracking and a settlement flow designed to prevent the #1 problem with group payments: people paying before all expenses are in. How it works: 1. Create a group and invite friends with a single tap 2. Add expenses as they happen, split equally or choose specific people 3. When the trip is over, everyone confirms expenses are complete 4. See exactly who owes who, then pay directly via Venmo or Zelle Why FairShare: - Settlement gate: No one can see payment amounts until everyone confirms all expenses are added. No more incorrect payments. - Expected members: Set how many people you're expecting. The app makes sure everyone has joined before you settle up. - Participation windows: Joined the trip late or left early? Only get charged for the days you were there. - Simplified settlements: Our algorithm minimizes the number of payments needed. 5 people, 3 payments instead of 10. - Full transparency: See every expense breakdown and how each amount was calculated. - One-tap sharing: Invite friends via text, AirDrop, or any app on your phone. FairShare never touches your money. When it's time to pay, we open Venmo or Zelle directly with the right amount pre-filled. You stay in control. Built for friend groups who travel together and want to get the money part right.

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.