Tag: #strikepay

Salons ‘Strike’ while the flat iron is hot with cashless tipping technology #Strikepay #salons #Fintech

Strikepay, the Irish FinTech company with a revolutionary cashless tipping and payment solution, today reported a 79% increase in the average value of tips paid to hairdressers, barbers, beauticians and nail technicians using Strikepay over the past six weeks.

Announcing its latest partnership with hair and beauty group, Sugar Culture, Strikepay is now live in all Brown Sugar, Sugar Daddy and Sugar-Coated stores in Ireland, with the popular salon chain just one of the many groups within the industry enabling the roll-out of this revolutionary cashless gratuity solution.

Designed to solve the issue of tips and payments in an increasingly cashless society, Strikepay has been supporting the service industry since its re-opening, enabling customers to thank their service professionals directly by simply tapping the Strikepay tag worn by the individual or scanning their QR code using just their phone.

Service professionals from the award-winning Dylan Bradshaw studio, Cut & Sew group, Sam’s Barbers Waxperts and Nails Inc., are amongst those benefiting from this contactless tipping technology, with over 1,000 service professionals joining Strikepay across Ireland over the last six weeks.

With no app or in-store payment terminal required, the tip is instantly sent through Apple Pay, Google Pay or any saved card.

Commenting on the increase in tip values in the Irish hair and beauty industry, Strikepay co-founder Oli Cavanagh said: “We are having a meaningful impact on the service industry and salon service professionals in Ireland with our data showing a positive increase in the value of tips over the last six weeks. This is significant to people in the industry.

 

“Charles Dowd and I created this technology in response to an every-day need we were experiencing ourselves. We couldn’t tip people anymore, yet we wanted to. Now that we’ve fixed the problem, we’re also getting a lot of thanks from customers who were equally embarrassed that they had no cash to tip anymore. Everyone is a winner.

 

“For businesses, cash management is a real pain, especially when handling tips but Strikepay takes that pain away while empowering employees and increasing their income and job satisfaction – boosting morale.”

 

Mark O’Keefe, owner of Sugar Culture Salon Group and a member of the Irish Hairdresser Federation went on to say: “Our industry was decimated by the pandemic, but our focus now is on recovery and the welfare of our team who have spent an extended period of time out of work. We have a wonderfully loyal and generous clientele across the business, and some of the best artists in the industry on the floor delivering 5-star service to their clients day in day out, so we’re delighted to support those using Strikepay as it allows them to instantly accept cashless contact-free tips from their clients directly.”

Co-founded in 2020 by Irish FinTech entrepreneurs Oli Cavanagh and Charles Dowd in response to the cash free culture accelerated by the pandemic, Strikepay has previously teamed up with popular restaurant chains Camile Thai, Base Pizza, Eddie Rockets and Europe’s largest taxi-hailing company Bolt to enable contactless tipping. Service professionals working across several sectors, including transportation, hospitality, retail, and non-profit have also been trialling the technology over the past six months, with the average value of tips increasing as a result of the patent-pending cashless tipping and payment solution from Strikepay.

Commenting on the potential impact the service would have on the people working in the hair and beauty industry in Ireland, Margaret O’Rourke Doherty, CEO of the Hair and Beauty Industry Confederation said: “The Covid-19 pandemic has seen a rapid transition from cash to card as the go to payment method for customers. The embracing of this new technology, alongside other technology, will now allow salons to cater to these changing trends and provide a better service to our customers. The new technology with Strikepay will further facilitate contactless payments for salons, with the added option for customer tips. While we would like to stress that there is no obligation for customers to leave a tip, tipping culture has been a longstanding feature in the industry in acknowledgement of the standard of work carried out by hair and beauty professionals’’.

Headquartered in Dublin, Strikepay has revolutionised the way we tip, pay and donate to those who serve us, meet us, greet us, carry us, sing for us, bring for us, prepare, repair, and care for us. This innovative Irish owned digital payment platform is also providing services to professionals in Europe, the UK and USA with further information available at www.Strikepay.co.

Irish Fintech Strikepay Acquires UK Competitor Gratsi. #Fintech #Gratsi #Strikepay

Strikepay, the fast-growing Irish fintech company delivering a revolutionary patent-pending cashless tipping and payment solution, today announced that it has acquired UK competitor Gratsi (Gratsi Ltd). The acquisition will complete this month with the Gratsi founder, Jack Spargo, joining the Strikepay team as Vice President of Engineering. Working with founders Oli Cavanagh and Charles Dowd, Spargo will bring his complementary technology solution to the Strikepay platform, broadening the reach of the revolutionary cashless tipping, payments and donations proposition.

Gratsi has been operational in the UK since 2020 and has been growing its customer base in the hospitality and beauty industries. The acquisition will ensure that the synergy between the two companies can be maximised with existing Gratsi customers transitioning to Strikepay.

Strikepay was founded in late 2020 as a direct response to the challenges posed by the rapid acceleration to a cashless society. Consumers want to tip and to donate to charities but often cannot because so few now carry cash. Strikepay  fixes this problem for consumers and is rapidly growing across a number of industries including retail, tradespeople, hospitality and beauty. It is also supporting a significant number of large charities, helping them to increase cashless donations from people in a much easier way, with a simple tap of their phone.

Gratsi was launched with similar ambitions during the height of the pandemic. The company focused on facilitating contactless gratuity and tipping for workers in the hospitality and food industries and has built a loyal client base in the UK.

Speaking about the announcement Oli Cavanagh, CEO and Co-Founder, Strikepay said: “We are delighted to be making this announcement with Gratsi today and that they are as excited as we are about joining the Strikepay team to help drive our product development and innovation. The technology they have built is incredible, and they had begun to carve out a great business in the UK so by joining forces we will be able to accelerate our expansion plans beyond Ireland.

“Consumer behaviour has changed dramatically following the shift to a cashless society over the past year. Gratsi were focused on solving the same problems as we were at Strikepay and together we are well positioned to run quickly with our combined solution for both businesses and for consumers. Our unique proposition will allow us to tap into new opportunities that are opening as a result of the rapid shift to a cash free world.”

Gratsi founder Jack Spargo said: “Gratsi and Strikepay share a similar mission and when the opportunity to join forces was presented we were delighted to take it. Working together we are stronger and will be able to double down on our efforts to solve this problem positioning ourselves as the leading cashless tipping and giving solution in Europe. The reopening of society over recent weeks has demonstrated the need for this solution as well as the potential for growth. We are really excited about the opportunities ahead as part of the Strikepay team.”

Further information at www.Strikepay.co.