Nothing kills the high of a great group trip faster than having to calculate who owes who how much, especially if different people picked up the tab at certain times.
Venmo launched a new in-app feature on Tuesday called Venmo Groups to make managing shared expenses totally seamless. No tedious spreadsheets necessary.
“We know managing ongoing expenses in a group can be challenging, in particular when each member covers different costs with different amounts at different times,” said Erika Sanchez, Vice President and General Manager at Venmo, in a statement.
The new feature was “one of our most requested,” Sanchez continued.
Previously, people had to split up and calculate expenses on their own before requesting money from someone else.
Learn more: Best travel insurance
Expedia launched its own tool aimed at making group travel easier in September called Trip Planner, which allows travelers to collaborate and finalize trip details in an itinerary viewable to everyone.
More:Revenge travel was sweet, but what happens next could turn your vacation sour
Cash apps:Apple Pay, Venmo, Google Pay would undergo same scrutiny as banks under proposed rule
How does Venmo Groups work?
Venmo users can go to their “Me” page and tap the “Groups” tab to create a group, which will be ongoing.
Add users to the group and then they can start inputting expenses, which eliminates the need for a designated person to be in charge of tracking every penny. The app automatically calculates what each person owes and folks can settle up in just seconds in the app.
When can I start using Venmo Groups?
Some Venmo users will already see the new feature in their app if it’s the latest version, but it’ll be more widely available in the next few weeks.
Kathleen Wong is a travel reporter for USA TODAY based in Hawaii. You can reach her at [email protected].
