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Schmoney, as in social media and money, is a mobile application powered by Foursquare. Schmoney loads your friends' recent check-ins, and lets you send money to them via PayPal.

Your friends have checked in at your local New York pub, but you are in Los Angeles? Buy them a round with Schmoney!

Your clients are at dinner but you are at the airport? Show them you appreciate their business and pick up their tab!

It’s your girlfriend’s birthday and she has checked into a restaurant for lunch with her friend? Send them flutes of champagne!

Schmoney also allows you to also add a personalized message to your gift. Spread the love with Schmoney!