tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SpotOn Enhances Tip Payouts with Visa Direct Integration

SpotOn Enhances Tip Payouts with Visa Direct Integration

New updates have been reported about SpotOn (PC:SPOTN)

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

SpotOn, a prominent restaurant management system provider, has partnered with Visa to integrate Visa Direct into its DayCheck solution, streamlining tip payouts for restaurant employees. This collaboration allows restaurant operators to bypass manual calculations and cash handling, offering a more efficient and transparent method for distributing tips directly to employees’ bank accounts. The integration aims to improve cash flow for restaurant owners and provide employees with faster access to their earnings, enhancing job satisfaction and retention.

The new system, powered by Astra’s payment infrastructure, eliminates the need for prefunding, reducing operational burdens and strengthening the overall employee experience. SpotOn’s Chief Innovation Officer, Doron Friedman, emphasized the dual benefits of this initiative, stating that it simplifies financial processes for operators while empowering employees with greater financial control. The DayCheck solution is now available in eligible states across the U.S., marking a significant step in SpotOn’s efforts to support independent restaurants and their teams with innovative payment solutions.

Disclaimer & DisclosureReport an Issue

1