PayDivvy.com launches... Anyone use it?
 

Anyone tried Paydivvy to pay roomates for bills or services? FAQ suggest you can use it with spouses.

What can I use PayDivvy for?
PayDivvy allows users to pay, send, or share individual or group bills through a simple online and mobile interface. PayDivvy can be used in multiple scenarios including living situations (e.g. roommates, spouses), social circles (e.g. friends, colleagues) and businesses, for group collections, and extracurricular activities.

Seems they accept credit cards for no fees. Could be the new XIPWIRE?

There's really no "bonus" component to this thread, so off to MilesBuzz! it goes...

Spiff, S.P.A.M. moderator

Any guinea pigs?

I used this for a while and waited until I saw my results before posting. I also checked out a blog describing the experiences of other users.

My charges on AMEX, Cap1, BOA Debit were purchases. Chase appeared that it would be a purchase but I got booted prior to the charge going through.

I set up two accounts and sent money to myself from one account to the other account. It brought back pleasant memories of emoneymail, C2it, and one other service from the Internet bubble days when a person could do this for a long time before being booted.

At first I used the debit card because it didn't seem to violate the terms of service. However, the e-mail I received from them said that sending money to myself violated the terms and services and didn't distinguish between credit cards and debit cards. The debit card technique just wasn't earning many miles based on the limit of 5K per month for Paydivvy, and I have been displeased with award availability on US Air. Plus the blog on another site indicates that Paydivvy will eventually begin charging a fee for credit and debit cards based on an interview with the company founder. I don't know whether or not that is correct. But the comment inspired me to switch from the debit card to the credit card to see how things would progress.

I got 4K or so through prior to receiving an e-mail indicating that I was violating the Terms & Services, my current payment would not be processed, and I would be charged 3.5% for any future transactions that violated the terms & services. I don't mind these kind of e-mails (they were nice and I have a thick skin). Some of these services have a $500 penalty for violating terms & services but PayDivvy doesn't seem to have this (at least not yet). Plus one other similar service froze some accounts, but I haven't read any examples of PayDivvy doing this.

Based on my experience and the other blog I read, it seems like a user can get 4K or 5K through prior to getting flagged, which is good for required credit card spending to get sign-up bonuses.

What is interesting is the Pay Bill feature that seems to allow a person to fund their account with a credit card and pay off another credit card. I tried to set this up but I received my notice from PsyDivvy prior to the credit card I wanted to pay off having a balance due under the PayDivvy e-bill system. Does anyone know if this will work? I might try it, since I can still log on.

I realize that some users may be trying to milk this slowly and keep it under the radar, but I really don't see how this company survives charging no credit card fees. There just isn't much to earn on float and the similar systems in the past didn't make it. So as long as they are nice about violations of terms and services, it might be better to get 4K or 5K while it lasts, although your results may vary and anyone interested should proceed at their own risk.

Seems as though the User Agreement has changed since the OP.

(fees may be applied retroactively) <---- Ouch....

I joined today and this is noted on my account:
Currently, you can't even send money using your bank account, so the only option is to send it via credit card. I'll contact them and let you all know what their reply is.

I have been using it --until the existence of this thread kills it :(

And are you getting charged 3.5%?

haven't yet but now that I have revealed this fact, I am killing it

Don't worry, they say fees may be applied retroactively. Six months from now...

Mike

Thanks for pointing that out. Quite a huge change from the original Terms & Conditions.

Can anyone explain how this company gets and maintains a customer base. I just don't get the business model with a 3.5% fee and low interest rates on float.

ouch. time to change out those ccs hahaha

seems like this died before I even came to know about it!

it's official, this is useless
 

here is the email I received when I asked them about the fee:

Hi [___],

Yes, we recently added a 3.5% fee for all debit and credit card transactions. We will be adding bank account payments next week which will be free.

Best,

- The PayDivvy Team

Wow - that's over fast.

I guess I need to ask about Divvies in the pipe.

This is disappointing. I cycled through about $7500 easy as pie on my CitiAA card. I was surprised when this was first posted that no one seemed to care that much. I hate to go back to the lousy mint.

I know the answer ... But how can the company enforce a T&C is different from the T&C I/we agreed to upon signing up. Do they expect us to occasionally reread the T&C?

I wouldn't be surprised if we received an email to that effect.

If we don't, and if I get charged, I'll definitely complain. But who knows if I'll get anywhere.

I echo your comments about the apparent lack of interest here. Maybe we all just knew it looked too good to be true.

A company can enforce new T&C's any time. A company's terms always state that it is the user's obligation to review them for updates (didn't you watch that South Park episode a few weeks ago?).

So, each time you log in, you have agreed to the current terms. It has nothing to do with when you registered initially. Thus, you can throw whatever fit you want, but you won't get your fees back, if you complain. Furthermore, if you are in any way in violation of their terms, you shouldn't be doing this anyway.

I'm all for getting free points, but you can't do it in a furtive manner. I haven't reviewed the terms, but I highly doubt they are permitting setting up two accounts and sending yourselves money. No company that has raised VC dough is going to allow that, and if you were dumb enough to go ahead and do it, you deserve to be charged a fee.

Let's be clear on something, they have not attempted to levy a retroactive fee on anyone, and their e-mails have been very pleasant. I looks like a dead deal that was nice while it lasted.

more coming
 

serve payDivvy..amzn payments.....i think we will see A LOT more of these coming soon.....just be ready to 'bite them' before all the meat is gone :D

My and my "wifes" accts were suspended for abusing the program for "using paydivvy as a means of cash advance" Mistakenly sent more than $5k in a day's time and kicked the account to review.

Were you paying each other by check, or paying bills to companies?

Who would use any of these services if it weren't for the free credit card payments? These services need to distinguish themselves from paypal.

Yup - same reply. I can't believe I missed the OP.

Yet no notice to existing users. If they don't send notice, and implement the fee, I'll be a bit surprised.

But even with the 3.5% cc surcharge, is the service always too expensive? For example, if you need to spend $3,000 to get bonus points or status you wouldn't otherwise get, might the approximately $100 surcharge be worthwhile?

yup I just got the same message. Ah well, ya win some ya lose some.

Maybe we should start a dedicated thread about every working deal out there just to see how fast it can be killed.

Looks like PayDivvy is following through on their promise - and notifying people. I just got this email for each account:

At 3.5%, I can safely say, I'm done with these guys.

If I shared bills, I might make use of their debiting feature, but I just can't see where I'd ever need it.

Karma
 

Again, you received that email at "each account?" So, you opened multiple accounts for yourself, violating the user agreement of every online payment/banking company out there?

Is that what people are encouraging on this forum? "Biting the meat" off of companies working hard to bring a solution to the public, and violating agreements in order to do so? Ridiculous.

Aren't we here to discuss "legitimate deals" that exist out there? Moderator, please close this thread.

Nice try shadyflyer. And welcome to Flyertalk.

Do you happen to know QL_714?

My wife and I each have an account. Thanks.

Love to see some backup on your ridiculous claim that this violates "the user agreement of every online payment/banking company out there."

We can't each have a bank account now? And I can't have two accounts at the same bank?

On FlyerTalk, there's is a group of people who like to keep good deals to themselves. By your request to close this thread, I'm assuming you're in that group.

There's also another group that comes here not only to glean, but to share.

For your second post, this is a gem.

Wow, way to jump the gun. I think it's ridiculous when you assume what other members are doing....for all you know he is referring to his and his wife's and/or other family members accounts. Nothing outside the TOC with doing that. :rolleyes:

Looks like we both posted at about the same time - Thanks for backing me up!

Funny how some people can pretend they're not abusing anything and not in it for the miles/points.

*Of course* I'm doing this just for the miles.

This is MilesBuzz! after all, right?

But I don't know that I'm abusing anything. This site is meant to share payments. My wife and I both have jobs and money and pay for things like credit card bills. Isn't that the point of PayDivvy?

It's just not worth 3.5% to me for this service. But free? Sure.

I don't think this is the site for you.

Anyone having network issues with Paydivvy? I am having trouble to withdraw my PD balance since June 30th. It keeps saying they are having network issues but for three days in row? The strange thing is that everything seems fine, like to create divvy or send bill but withdraw.

Is that just me or ? Any thought?

Too bad - this ended before I could ever get started on it.