SupportPay
Managing child support and sharing expenses for parents living apart
Posted Monday, April 13, 2015
SupportPay is the 1st automated child support payment platform that enables parents to share child expenses & exchange child support/alimony directly with each other. In the US, there are 55 million parents that live apart. 39 million exchange over $200B/yr in child expenses & child support/alimony. (most hear about the 16M who don't pay) Globally there are over 298M parents who exchange $900B/yr. After a parent has an order, there has been no standard way for parents to manage this conflict ridden process. Since child support is not just a single monthly payment but also a broad collection of shared expenses (medical, education, childcare, etc) parents must continually manage, communicate & negotiate over these expenses. The process is complex, time consuming & stressful. SupportPay eliminates child support conflict providing both parents transparency while saving time & money. Parents can now spend less time managing child support & more time raising happy, healthy children.