Since MintChip is intended for small micropayments, an app which can help facilitate the splitting and distribution of a larger total would work great for its purposes.

Mintsplit is an iPhone app which feeds directly from your iPhone's address book, and allows someone who temporarily paid for the rest of a group, to request payments from others involved.

The app allows for manual adjustments of the amounts distributed to each individual, and sends money requests in the form of email. These emails that get sent out use schemes available on the iPhone platform to open up the app directly (provided that Mintsplit is already installed), and prepare the payment that you owe.

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