With just a few weeks until we all head back to school, Tilt, the money-sharing app with a 41 percent month-over-month growth rate we all know and love, just introduced a new one-to-one feature that allows users to send or request money for all your smaller, everyday needs. The new Venmo-like feature will allow you to pay a friend back for covering your meal when your budget belt was one notch tighter than usual, or request money from a roommate for the paper towels you bought last week.
If you don’t use Tilt, download the app now. Tilt launched in 2012 as a way to originally help groups easily collect and organize money for things like tailgates, birthday parties, philanthropy events, concert tickets and group dinners. The app’s strong presence among college campuses nationwide has been significant, as it helps sororities, fraternities, clubs and other large organizations collect money from members for upcoming events, charity events, or planning a weekend trip with your squad.
The app’s trusted new feature, backed by an industry-grade security feature, allows you to send money, request money, and view who has or has not paid all in one screen. That industry-grade security aspect is a huge plus these days, considering how many times I, personally, have found myself checking my bank statement and questioning a charge from other money sharing apps. Plus, it's free for Visa and Mastercard (though there is a three percent fee added for credit card payments). Tilt has no wallet, so funds are automatically transferred into your bank account each day, which means that there’s no forgetting to deposit your cashout and getting frustrated while you wait. Personally, this is my favorite feature, considering there have been a number of occasions when forgetting to cashout my Venmo balance meant I was in a real pickle for the coming weekend.
For those of us headed off to international borders this fall, Tilt’s newest send and receive feature is now available internationally. This means that offering to buy the next rounds of pints for you and a friend at the pub won’t be a hassle. It’ll be as easy as opening Tilt and requesting those pounds. Especially because going abroad means meeting tons new people, using Tilt not only helps you connect on a social level, but also eliminates the awkward situation of trying to get your cash back from someone.
This fall, back to school means a whole lot more than just a new pair of shoes and a haircut. It means keeping up with the latest trends, and Tilt is on that docket. Tilt is the only app you need to make this school year the best one yet. With both the new 1:1 payment feature and the original group payment feature, it is now even more quick and efficient to plan events, or simply split bills with friends or family. Long gone are the days of haggling your friends for cash or stressing over writing that rent check. Tilt accounts are fast to create and easy to use on both iOS and Androids.