WeCredify is an app to keep a record of your lending and borrowing. It replaces the traditional pen-and-paper based record keeping. Each record is shown to both parties to avoid future disputes.
WeCredify is useful for everyone; including individuals, small shop owners who lend to their neighborhood contacts and settle periodically.
The app works in 3 steps:
1. Connect
2. Transact
3. Settle
A timely settlement of your outstanding amount improves your credibility.
You can also issue coupons to your contacts so that they can redeem the coupons at a predefined redemption address. This is useful for kids when parents are concerned about the misuse of cash in the hands of their kids.