Patent ID: 8401938

Claim:
A computer-implemented method of administering expense sharing between parties, the method comprising: receiving, by a computer, from a first party a request to implement an expense sharing interface, wherein the computer comprises at least one processor and operatively associated memory; receiving, by the computer, from the first party an indication of a potential second party; sending, by the computer, a communication to the potential second party, wherein the communication comprises an invitation to join the expense sharing interface; receiving, by the computer, a description of at least one expense from one of the first party and the second party; posting, by the computer, a first expense to the expense sharing interface, wherein the expense sharing interface is accessible to the first party and the second party; determining, by the computer, an amount of the first expense attributable to the first party and an amount of the first expense attributable to the second party; sending, by the computer, a transfer request to the second party, wherein the transfer request requests that the second party transfer the amount of the first expense attributable to the second party; and paying, by the computer, the first expense from a financial account of the first party, wherein the paying of the first expense occurs automatically by a predetermined date regardless of whether the amount attributable to the second party is received to the financial account of the first party.