Tips news and trends

Instant Payments Fuel Tipping’s Digital Evolution

April 16, 2024
digital tips, tipping
Restaurant365 Adds Tip Automation Tool to Restaurant Management Platform
ResTech // February 29, 2024

Restaurant365 has added a new tip automation tool to its restaurant enterprise management platform. Aimed at improving payroll accuracy and efficiency for restaurant leaders, the new Restaurant365 Tip Automation allows restaurant managers to set customizable rules to streamline tip payouts, payroll and compliance, the company...

Instant Tip Payouts Could Help Hotel Industry Woo Workers in 2024
Disbursements // February 28, 2024

The next time you check into a hotel, don’t be surprised if you can’t find personnel to greet you, help with your luggage, or put chocolate mints on your pillow. Hotel owners across the United States said they are having a tough time staffing their...

Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
Consumer Payments // November 10, 2023

Inflation has emerged as a significant force in the economy, impacting consumers’ purchasing power and influencing various aspects of their daily interactions. One area where the effects of inflation are increasingly noticeable is tipping. In “Consumers Overwhelmed as Inflation Pressures Reach Tips,” PYMNTS Intelligence analyzes...

1 in 3 Hospitality Workers Willing to Pay for Instant Tips 
Faster Payments // November 10, 2023

As restaurants and others in the hospitality space look for ways to boost retention, PYMNTS Intelligence reveals that instant tip payouts can go a long way — so much so, that many in the industry would even be willing to pay a fee to be...

Interviews & Exclusives
Hospitality Workers Choose Digital Instant Tip Payouts, Yet Only Half of Employers Deliver

October 20, 2023
Cash is still the way that many hospitality workers receive tips. Customers’ increasing penchant for using contactless cards and digital wallets means they are also using credit and debit cards more. This usage causes payout frictions for hospitality employees and employers. To facilitate instant tip payout without risks of robbery or fraud, hospitality employers must […]

Visa Aims to Turn Creators into Small Businesses with Digital Payments

October 19, 2022
In times past, a creator might’ve been a musician busking for tips on a street corner. Social media thrust those musicians — and artists, poets, podcasters, makeup artists and more...

Tipping Goes Digital; Why Restaurants And Their Staffs Want It

October 26, 2020
At a time when no one wants to say that COVID-19 has been good for business, more and more executives in the digital arena are willing to at least say that the...

ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments

May 19, 2020
The COVID-19 pandemic has shaken both the United States and global economies, with 38.4 percent of small to mid-sized businesses (SMBs) reducing their payroll and experts warning that the pandemic...

Quick Reads
Restaurant365 Adds Tip Automation Tool to Restaurant Management Platform

February 29, 2024
Restaurant365 has added a new tip automation tool to its restaurant enterprise management platform. Aimed at improving payroll accuracy and efficiency for restaurant leaders, the new Restaurant365 Tip Automation allows restaurant managers to set customizable rules to streamline tip payouts, payroll and compliance, the company said in a Thursday (Feb. 29) press release. “With Restaurant365 […]

Instant Tip Payouts Help Hospitality Workers Avoid Check-Cashing Fees

October 20, 2023
In the fast-paced hospitality industry, where convenience and quick access to funds are of utmost importance to workers, the popularity of instant tip payouts is on the rise. In “Generation...

7shifts Adds Tip Payouts Feature to Help Restaurants Retain Staff

August 24, 2023
Restaurant team management platform 7shifts has added a Tip Payouts feature. This feature allows operators to instantly send tips directly to employees’ personal debit accounts, the company said in a Thursday (Aug. 24) press...

DoorDash Adds Hourly Pay Option for Gig Economy Drivers

June 28, 2023
DoorDash will now let its gig workers choose to be hourly workers. The aggregator will let drivers choose to earn a minimum hourly rate, to use the existing method in which...