Collecting money from your friends for a project can sometimes be a pain. And a lot of times, you end up paying for the share of one of your delinquent contributors. But as with a lot of problems in our world now, there’s finally an app for that. Tilt is now available for your Android smartphone, and you can use it to help manage and fund projects that need financial backing, from small group gifts to even those that require a crowd-funding aspect.
The app works simply enough. You create a project, whether it’s a group gift for your boss, a redecorating project in your apartment that you share with four other people, or a neighbourhood party you’re organizing. You set the amount of money needed, and then add the people that would be contributing to this project. Of course, they need to have the app installed on their devices as well. You’ll be able to track who has already paid and who is still shirking their commitment to contribute money. You can even let everyone see who has already paid, in a not-so-subtle sort of peer pressure.
Friends can pay in just two taps, as long as they have a connected credit card (or maybe bank account later on). It is also easy to share the project, even to social networks if you need it to go public. That is because you can even use this app for a crowd-funding project, much like Kickstarter or IndieGoGo. You’ll only be able to collect the funds and cards will only be charged once you’ve reached the goal or the “tilt” amount. It will go directly to your bank account, but you will be charged a 2.5% fee.
You can download Tilt from the Google Play Store for free, and there are no up front charges. It is only currently available for the US region.