By Chris Morris

PHILADELPHIA (CBS) – On today’s APP-tastic and outta SITE – PayMeBacK.

If you borrow – or lend – a lot of money to friends when you’re grabbing lunch or coffee, it can sometimes get a little confusing keeping track of who owes what. And if you’re splitting a check, it can be even more chaotic.

This app records all of your IOUs and keeps them secure – a lot more secure than those pieces of paper in your wallet.

Check out the PayMeBack app.