Start IT up: Pygg

Start IT up: Pygg

Summary: Pygg makes it easy to pay for lunch. But will the idea pay enough for investors?

SHARE:

Pygg is described by its founder as the social way to pay your friends. Peter Crowe explains in this week's Start IT Up how the application is designed around simplicity. The idea is that it's easy to pay back someone who's bought lunch or lent you a few dollars for a train fare. You simply Pygg it!

The concept makes sense, but will it catch on? It needs a large community of users to really work. But if it gets a big enough community behind it, then it could change the way we use our cash. And you'll never again have to argue about who bought the last round of drinks.

Will it work? Could it gain enough traction to become a viable business? Tell us what you think.

Do you have a great technology idea? Something that's in the start-up phase or already in the early stages of operation? Would you like to share your concept with the ZDNet audience? It'll give you some early exposure, and could be a useful sounding board — ZDNet readers are rarely backwards when it comes to saying what they think. If you'd like to be considered, send us an email at au-edit-zdnet@cbsinteractive.com.

Topics: Australia, E-Commerce, Mobility, Start-Ups

About

Phil Dobbie has a wealth of radio and business experience. He started his career in commercial radio in the UK and, since coming to Australia in 1991, has held senior marketing and management roles with Telstra, OzEmail, the British Tourist Authority and other telecommunications, media, travel and advertising businesses.

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

2 comments
Log in or register to join the discussion
  • Nothing new

    Nothing new in Pygg, and to withdraw money Australa only at the mo.

    Barclay's PinGIt in UK, and Pop Money in the US is the same thing.....
    neil.postlethwaite
  • A great idea?

    Only until some dirtbag figures out how to capture and turn it against the user.
    Putertechn