What this means is that you no longer have to manually compute for how much you owe anybody in the group. Instead, Project Fi will calculate each member's portion of the bill and send out a payment reminder along with it. In return, each member can easily make his payment directly through Project Fi. There is even an option to set up a monthly repayment and reminder to make sure you keep receiving your bill notification.
If the plan is under your name, you can pick out a repayment amount for all the other people under the plan. Project Fi will then be the one to send out the repayment notification to the corresponding members of the group plan.
Project Fi has integrated Google Wallet into its system so that each member can easily send and receive payments. All it takes to make the payment is for the plan member to tap on the notification so he can successfully send money to the account holder. The account owner can then automatically cash out these repayments to his debit card or a checking account.
Project Fi has also come up with a payment history under group repay, where you can manage and keep track of all your monthly bills.
If you are on a Project Fi group plan, you can easily get started with group repay. All it takes is heading over to your account billing section where you can manage the settings. This feature is relatively new so it should take until the end of the week to be available to all Project Fi users.
For a limited time, Project Fi will be giving a free month of Fi Basics to both the plan owner and a new member that has been added into the group plan. To know more about this, check out Project Fi's website.
Source: Google Blog