A New Way to Get Money for Group Events (WePay S09)

WePay co-founder Rich Aberman started the site after becoming frustrated with collecting money from groups.WePay WePay’s co-founder, Rich Aberman, started the site after becoming frustrated with the hassles of  collecting money from groups.

If you’ve ever organized an event like a bachelor party and tried to collect money from a group of friends, you know how difficult it can be to get some people to put up their share.

Enter a new service called WePay. The service, which became available to the public earlier this year, provides a place where groups can set up shared online banking accounts and simplify the process of collecting, and spending, group money.

Read the full article via bucks.blogs.nytimes.com