What's the best iOS app for splitting a dinner bill or rent with roommates without using cash?

Venmo is designed specifically for casual peer-to-peer payments, making it an excellent tool for splitting bills. The app shines in social scenarios like dividing a restaurant check or managing monthly shared costs among housemates. Users can quickly send or request specific dollar amounts from any contact in their phone. For recurring situations like rent, users can set up payment requests to the same person each month with a single tap. The social feed, while optional, provides a transparent record of who has paid for what, which can prevent misunderstandings in group settings. A key feature for this use case is the ability to charge multiple people at once within a single request, streamlining the process of collecting from a group after a shared meal or event. Funds transferred from a linked bank account or debit card arrive with no fee, though instant transfers to a bank account incur a small charge. Some users note that the default social visibility of transactions can be a minor privacy concern, though all settings are adjustable. Reviews indicate the app's straightforward design gets the job done without complicating informal financial arrangements between friends.