Have you ever sent a mate a Monzo Request link, only for them to forget it?
Maybe I have stingy friends, but I find it happens a lot, and the thing that I don’t like is having to REMEMBER if person X or person Y has actually paid me back.
Introducing, my fresh new brand-spanking idea… Payment Request Updates!
So the concept is simple. Every time you send someone a payment request link, the Monzo app tracks that you have done so. If the person hasn’t paid you back in X amount of time, you get a notification telling you that you still haven’t received payment. Now you can chase your friends and demand they pay, and if they don’t they are NOT having a go on the new Mario game on Nintendo Switch you just bought yesterday.
I like this idea because it means you can kind-of ‘set and forget’ your payment requests. No need to keep tabs on it. Just send your mate a request and let Monzo remind you if they’ve forgotten to pay you.
Never happened to me, I guess I’m careful enough not to lend money to such “friends”, but I agree, a feature to track money owed to you could be nice. It could even go overkill with an integration with Chaser to deal with the really bad payers.
This thread reminds me of a recent story a mate was telling me.
She asked another friend of hers for £10, explicitly specifying PayPal or bank transfer. A few days later, without even a knock on the door, had a loose £10 note posted through the letterbox. Luckily she found it before her toddler did otherwise it could’ve be torn up or fed to the shredder.
Moral of the story is in their somewhere but not safe to mention here.
From the look of it Google Pay Reminders is simply an email messaging system reminding you of recurring payments to friends etc. The idea that I propose, however, is linked to actually sending a request to somebody so that you can kind of ‘keep tabs’ on it. These requests don’t have to be recurring like with Google Pay Reminders, it can just be a one off.
