TiPJAR is an global cashless tipping platform designed for hospitality staff & other tipped workers. They have a powerful, HMRC cleared, distribution engine empowering staff to control & share tips fairly & transparently. Already live in over 1650 venues in the UK, this is tipping, as it should be.
TiPJAR is a solution for customers to tip workers in <5 seconds via their phones. No app required. Initially designed for hospitality staff, now with other tipped workers such as buskers & hairdressers using the platform too.
We set out to solve:
1. Tipped workers are earning less each year as cash transactions reduce (Covid-19 supercharged this problem)
2. Businesses struggle under the burden of tax compliance & levels of transparency needed to manage tips
3. Consumer confidence in tipping is at an all-time low, with stories of major chains using service charges for their own benefit
We've used tech to allow customers to tip staff & groups of staff directly, this transparency gives consumers confidence that the money goes to who it was intended & removes the businesses’ liabilities, the burden of complying with tax legislation & reduces the cost of running a compliant tronc systems.
We've estimated the global tipping market to be worth a combined $100bn per year. We're the world’s first multi-currency, scalable solution, that allows us to work quickly to help solve this problem across multiple countries.
Since our first raise last year:
We received clearance from HMRC defining digital tips equivalent to cash, launched in the US with a partnership with Visa, launched in the EU, launched a dedicated tipping device 'TAP TO TIP' & became the first tipping solution to use open banking.