As of late I have been asked the same basic question with a fairly consistent regularity, “What have you been up to?” and “I never see you any more, are you married?” and “Why don’t we have any grandchildren yet?”.
The answer to most of those questions can be answered with PayOwe.com . PayOwe is a way for people to keep track of their everyday, friend-to-friend loans and debts. It works through Twitter, the online social networking site.
How it works: Essentially, you send a message through Twitter with the amount someone owes you and why (“Bob owes me $4 for lunch”). This debt is received by @PayOwe and added to the database. An balance sheet of accumulated debts can then be viewed/managed through PayOwe.com. If the person who owes you also uses Twitter, it will show up on their balance sheet as well (pending their approval). This allows both parties to control the state of the debt which I guess makes PayOwe a social networking site.
PayOwe is the first offering from Inkitecture , which is Jay, Kunal and myself. Jay came up with the original idea for PayOwe and it’s underlying architecture to be based off of Twitter and Jabber messaging. We’ve found Twitter + Jabber messaging to be an excellent means of sending/receiving messages.
The site is in it’s alpha phase right now, and we’d greatly appreciate any feedback on the site. Please check it out and let us know what you think -> info at payowe dot calm.
