Payumi is a personal payment application that lets users request funds and manage payments from friends and family. The user can set up a request to collect money for anything. The application can be used to collect rent and utility bill payments from roommates, fund a group trip or pay for a meal out with friends. The user sets up a group and friends can pay the user directly through the application. Payumi keeps a record of who has paid and who still owes. The user can set up an automatic email reminder that lets others know when they still owe funds. The application eliminates the need to have awkward conversations with friends to ask for their portion of a trip, activity, party or any other shared expense.Show more screenshots »
Payumi was created to make it easier and less uncomfortable to receive payments from friends for shared expenses. The application offers its services for any kind of expense, from split rent costs to funds for a group party or outing. The application officially launched in 2012 and continues to offer users a better way to avoid covering the cost of unpaid debts due to an unresponsive, forgetful or irresponsible friend.
There are many ways to make payments online. Payumi is unique because it is designed specifically for groups of friends. The application offers users a causal but straightforward way to track and request funds from others without feeling uncomfortable or confrontational. The user can set up automatic reminders and instantly see who has paid and who still owes for trips, parties, outings and any other expense that is being split among a group of friends.
Payumi has a casual atmosphere that matches its user base. The application is intended specifically for groups of friends who are sharing the cost of something. Hints of lime green and vibrant orange make the interface refreshing without over doing it. The layout is well-organized with absolutely no clutter so the user can manage payments and be on their way in a matter of minutes.
A new user can sign up by clicking either the blue Facebook button or the orange “Sign Up” button found in the upper, right corner of the Payumi homepage. The orange button directs the user to a sign up form which requires a first and last name, email address, password, country and terms and conditions agreement. The United Kingdom is currently the only country option available. After submitting the form, the user is advised that they must check their email inbox for a message from Payumi to complete registration and sign in.
Payumi welcomes all users to its community for free. There are no subscription fees and the user is not required to accept or send any specific payment amounts. The site offers free transactions for any payments of £20 or less. Anything over £20 is charged a small transaction fee of 50p for payments up to £50 and £1 for payments up to £100. Payments over £100 are charged a £2 transaction fee.
Payumi is ideal for anyone who shares expenses with friends in the United Kingdom. The application lets users easily split the cost of almost anything, from rent to a trip. The application is very easy to use and has a friendly, casual atmosphere that most user can appreciate. The tools included are simple and allow the user to request funds from friends and send reminders without feeling awkward.