In a move that is set to further transform the hospitality industry, Irish founded company JUSTTIP has expanded its offering with the introduction of JUSTTIP Flex, a new mobile tipping solution developed for restaurants, pubs, and hotels offering table service.
The latest hospitality solution from Dublin headquartered JUSTTIP, co-founded by young entrepreneurs James Fahy (23) and Ciara Walsh (22), saves business owners the 11.8% PRSI liability on every tip managed through the system, reduces administrative burdens, and brings them in line with tipping legislation to avoid on-the-spot fines of up to €1,500.
With the new Flex option, as well as existing Fixed terminals and QR code solutions offered by JUSTTIP, customers can easily and securely tip hospitality staff, safe in the knowledge that everything goes directly to staff. For customers, JUSTTIP Flex allows them to choose their tip amount in a separate transaction from paying the bill, thus increasing servers tips while separating them from the business’ income.
Designed to streamline the tipping process for both businesses and employees, Ciara Walsh, Co-founder of JUSTTIP explained “We launched JUSTTIP to bring transparency to tipping, but found so many businesses didn’t even know the charges they were paying on tips, and requirements with updated legislation. The platform is built to help businesses and employees manage tips, with end to end transaction reports, bringing businesses in line with legislation, and offering complete transparency to their staff. An added bonus is that the customers love it too.”
With tipping legislation in Ireland updated in December 2022, companies must now provide clear information to customers on how tips are shared among employees, promoting transparency and trust in the tipping process. Legislation also states that staff should receive a breakdown of electronic tips received and how they are distributed, and guarantees employees the right to receive their tip, protecting them from unfair distribution. All tips generated through JUSTTIP’s systems are collected and pooled, and distributed weekly directly to the employees’ bank accounts in proportion to the hours they worked, bypassing the employer’s business completely.
With JUSTTIP, employers manage tip distribution thanks to the easy to use employer portal to monitor tip collection and distribution. For employees, tips are paid directly to their bank account every Tuesday, and tax management tools are available to help with calculating liability.
JUSTTIP Co-founder James Fahy added “As the hospitality industry continues to embrace digital transformation, JUSTTIP remains committed to driving innovation and setting new standards for excellence. We guarantee regulatory compliance for businesses and equitable tip sharing for employees.”
JUSTTIP was founded in July 2021, and since then has successfully on boarded 400 establishments and over 7,000 staff across Ireland and the UK.
For further information visit https://justtip.net/.