Tilt launches e-transfer feature allowing users to send and receive money

The popular group funding app Tilt has announced a new money transfer feature.

The app originally launched in 2012 and has since become the go-to place for groups to fund something they collectively care about — whether it be a charity, a birthday gift or even a group holiday.

Now, with the Request and Send feature, users can send secure, automatic payments on iOS and Android. A statement sent to MobileSyrup describes this feature as being perfect for splitting dinner bills or sharing other small costs.

“At Tilt we see mobile payments changing the way groups and communities organize and create experiences together,” said James Beshara, Tilt CEO and co-founder in a statement. “It should be easier to send and exchange money through your phone and in a couple of years I anticipate we won’t remember doing it any other way.”

The app is extremely popular with students and millennials, having experiences 41 percent month over month growth on college campuses since launching. Originally founded by James Beshara and Khaled Hussein, the app is now available in nine countries globally.

Users will be able to send or request money from friends in their own country. The feature is available internationally as long as users have a debit or credit card. Furthermore, users can request money from an entire group.

This feature will be free, as is the app itself, and will be available in the United States, the United Kingdom and Canada.

Related reading: Vending machines across Canada now accept Apple Pay