paybygroup

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Description:

We're a social payment platform where no single person has to front money for group purchases like vacation rentals, concert tickets, sporting events, and any other activity that groups do together where payment is required. We're integrating with merchants directly as a payment button and employing a tipping point mechanism where a minimum number of friends have to pay before everyone's payments go through to the merchant. Aaron Batalion, the CTO of LivingSocial, is our advisor.