New solution optimizes cashless tip capture
and distribution, offers faster tips and fee-free financial tools
to service professionals
FORT
LAUDERDALE, Fla. and MINNEAPOLIS, April 6,
2022 /PRNewswire/ -- Tippy, the leading salon and spa
digital tipping platform, today announced it has embedded workforce
payments platform Branch to launch a new, all-in-one solution for
acquiring and disbursing cashless tips. Tippy and Branch's
integrated solution optimizes the entire tipping experience, from
the customer's wallet to the service professional's wallet.
The new partnership allows Tippy to distribute tips instantly to
service professionals through the Branch digital wallet. Customized
for business owners' and staff's unique needs, Tippy offers
businesses convenient customer facing tipping screens, SMS, and QR
code UIs designed to simplify tip disbursement and maximize tip
results, increasing tips 23 percent on average. By integrating
Branch, Tippy reduces the wait time for receiving tips by over 96
percent. Workers can receive their funds in less than an hour when
pooling and splitting gratuities or in seconds with direct
tipping.
"Initially built by salon owners for the salon and spa space,
Tippy has been quickly embraced by other industries accepting tips
for meeting the evolving demands of businesses and their service
professionals," said Terry McKim,
Tippy founder, and CIO. "Now with Branch, we're able to bring a
more dynamic tipping experience and new benefits to salon owners
and other hospitality sectors including restaurants, hotels,
fitness, valet, and pet care."
Without requiring pre-funding, cash reserves, or changes to
payroll, the enhanced solution creates a cashless, frictionless
process at no cost to the business or their workers. Service
professionals receive fast, convenient access to their funds with
the option to spend using the Branch debit card, Apple Pay, Google
Pay, or by transferring funds to another account. Backed by a
fee-free, FDIC-insured checking account, the Branch Wallet and Card
also provide additional tools to drive financial inclusion and
higher staff retention including free ATM access, up to two-day
early paycheck, cash flow management tools, and rewards.
"Because tipping has become such an integral part of
compensation for many workers, it's critical that they have a
quick, seamless way to receive that income," said Branch Founder
and CEO Atif Siddiqi. "We're excited
to team up with Tippy to integrate the Branch Wallet and create a
great experience for workers to access and manage their money."
"We're thrilled to partner with Branch to revolutionize the
capture and payment of cashless tips for workers," said
David Tashjian, CEO of Tippy. "From
fully integrated offerings into point of sales to easy onboarding,
our enhanced solution creates a simpler, more personalized
experience for customers, workers, and business owners."
The Tippy and Branch partnership integration is available to all
customers, allowing owners of franchises such as Massage Envy,
Fantastic Sams, and affiliates such as L'Oreal Professionnel and
SalonCentric to have access to all the robust benefits. The new
end-to-end solution is also available through various software
platform integrations with Envision Spa and Salon Software, STX
Software, Rosy Salon Software, and Salon Ultimate Powered by
BookedBy, and through Millennium's MeevoXchange.
To learn more about the Tippy and Branch partnership, please
visit MeetTippy.com.
About Tippy
Tippy is a digital tipping system built
for service industry professionals by industry professionals.
Tippy's disruptive technology offers a suite of tools reducing
business owners' processing fees and improving service providers'
tips, helping them to meet and exceed financial goals. Tippy is
headquartered in Fort. Lauderdale,
FL and caters to a variety of sectors including beauty,
hospitality, and fitness. For more information,
visit MeetTippy.com.
About Branch
Branch is the leading workforce payments
platform that helps businesses accelerate payments to empower
working Americans. Businesses turn to Branch for a more
cost-effective, faster way to pay workers and reduce the costs of
paper checks and paycards. Employees and independent contractors
that sign up with Branch can receive a zero-fee bank account, free
instant access to earned wages, rewards, and personal finance tools
to help them manage their cash flow between paychecks. Branch
partners with some of the nation's leading payroll and workforce
technologies to support companies in retail, restaurant,
trucking/logistics, last-mile delivery, manufacturing, and
healthcare. To learn more about Branch, visit
https://www.branchapp.com and follow us on Twitter, Facebook, and
LinkedIn.
MEDIA CONTACTS
Tippy
Aimee Adler Cooke | 561-302-6902 |
aimeea@brightideapr.com
Branch
Adrianne Ho | 612-601-1122 |
press@branchapp.com
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SOURCE Tippy