What is $Moneytag?

$Moneytag is your unique account identifier, allowing you to get paid, or pay another Spot user without the fuss of swapping phone numbers or bank account details. A $Moneytag starts with a $ sign and can be 3-16 characters long; only small letters and appropriate words are permitted. Each $Moneytag creates a share-able URL in the form of a QR code.