PayPal just made splitting bills at the table easier.
On Nov. 9, PayPal announced a new Venmo feature that allows users to split a bill by automatically itemizing a receipt in the app. Users can now take a photo of (or upload) a receipt to the app, and then Venmo itemizes it, adds tax and tip, and sends itemized requests to each user.
PayPal says the new feature is great for group dinners, treating friends, traveling and group grocery runs.
The new feature is an extension that integrates directly with Venmo Groups. Introduced in 2023, Venmo Groups lets users track, split and manage multiple expenses with a group of Venmo users. Venmo Groups automatically calculates individual amounts based on each person in the group's overall spend and contributions.
Morning Consult, a market intelligence company Venmo commissioned, found that 40% of adults ages 18-22 said they usually pay for group expenses first and collect everyone's shares later. Of those adults, 20% said they pay for exactly what they ordered, and 15% divide the total evenly.
Here is what to know about Venmo's latest feature.
How Venmo's new receipt scanning feature works
Here's a step-by-step guide on how to use Venmo's new feature:
- Open the Venmo app.
- Tap the "V" at the bottom of the screen to start a payment.
- Tap "Scan receipt."
- Take a photo of a receipt or upload a photo. Venmo automatically itemizes the receipt.
- Assign each item on the itemized receipt to who ordered it. Venmo adds the necessary share of tax and tip to each assigned individual.
When is Venmo's new receipt scanning feature available?
As of Nov. 9, PayPal says the new feature is rolling out and will be available to all users in the coming weeks.
Greta Cross is a national trending reporter at USA TODAY. Story idea? Email her at gcross@usatoday.com.
This article originally appeared on USA TODAY: This new Venmo feature lets you split bills among friends easier
