The idea you and your roommates had of pooling resources and paying for rent, bills and groceries out of one account was great in theory, but hasn't worked out so well in practice. You've got a spreadsheet going of all the money that's been collected and for what, but it's a hassle to update, and some roommates wont help pay. You need a simple mechanism for tracking, something you can label "for rent: December" or "for groceries: next week" and produce simple records.
How collecting money works
#1 You create a Collect Page
Create your own custom Collect Page.
- Choose color themes
- Upload images
- Customize everything
Then share with family and friends through Facebook, Twitter, and email.
#2 An online payment is made
Friends, family, and anyone else can now make an online payment to your new Collect Page. At checkout you can even ask custom questions like "Why am I the coolest person ever?".
All major credit cards can be accepted.
#3 WePay processes the payment
To accept payments online you must use one of our vetted Payment Processors. Our recommended payment processor, WePay, sets you up with an account automagically when you sign up for PayIt2. After you connect a bank account to WePay, everything else is taken care of for you.
It only takes 2-3 business days to transfer your money
#4 Money is in your bank account
Now that you have the funds, it's time to use them. While organizing, use the Manage List to see who has paid and who hasn’t. Here you can also manage refunds, contact payers, and view payment information. This gives you all the information you need to give you peace of mind and make sure everything goes smoothly.
Ready to get started?
Setting up an account is quick, easy and free.