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Social Bill Payment Platform PayTap Goes Live At Disrupt, Offering A Flat $1 Fee Per Transaction

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http://techcrunch.com – PayTap, a shared social bill payment platform, launched today at TechCrunch Disrupt SF. Users can chip in to co-pay bills online and use social features to aggregate financial resources from friends and family for a flat $1 fee per transaction. The company aims to reduce the cost of transferring money, take advantage of existing social networks to help users communicate and allow users to track who has paid what portions of bills. Users can pay using credit, debit PayPal or bank transfer and PayTap sends the money directly to the biller. Co-founder Sean-Michael Daley says he originally thought (IT news)