JustTip - the future of tipping is here
by Startacus Admin
.png){kind=logo}
The lowdown on JustTip, the Dublin-based fintech startup that's developed an innovative solution to change the way we tip
More and more, we are turning to cashless options to pay for everything, particularly in response to COVID-19 fears. Even at the till, the options aren’t always cash or card anymore, with some places offering their own apps through which you can pay with multiple online options.
The downside to this move away from cash is that tips are being left less and less often. Particularly in parts of the world where service staff actually rely quite heavily on tips because their employers won’t pay them properly, this is not a great development. So in order to keep those tips up, we need something to go along with this move to cashless.
Dublin-based fintech startup JustTip has seen this need, and has created a tipping platform to help ensure that staff don’t miss out on those tips. It’s a very simple and quick platform - venues place a compact device at the till, which the customer can simply tap their card against to transfer a tip, the amount of which can be changed between €2, €3, €5, and €10 at the touch of a button.
For the venue, it costs €99 to install the device, and then a recurring €1.50 per day and 5% of every transaction. The platform comes with a comprehensive dashboard to show you tipping history and analytics so that you can easily keep track and see the benefit of using JustTip. So far, cafés using the platform have reported significant increases in tipping, having previously moved to a cashless system due to the pandemic.
The typically American system of tipping is becoming more widespread elsewhere, and so a startup that combats one of the negatives of a move to an increasingly more cashless society and allows us to tip regardless of whether we’re carrying cash is a great benefit, and we look forward to seeing more of these machines by tills near us!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Paris-based startup Immortal Game uses blockchain technology to add a new dimension to the most played board game in the world.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Marketers - want to turn shoppers into customers this Black Friday? Marietta Chatzidiakou, Senior Content Consultant at Digital Ethos shares some tips on how to do just that.
Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
The lowdown on Symphony, the startup that'll give you a front row seat to enjoy the finest live performances by some of the most famous orchestras in the world...
.png)
SeedLegals, the leading legal automation platform for startup funding steps into backing blockchain marketplace in carbon-neutral deal.
The lowdown on Boxlist, the AI-powered social network aiming to be your new go-to place for discovering TV and film recommendations across all streaming services.
Goodera secures major investment to support its mission of helping employees find meaningful volunteering experiences.
Published on: 20th September 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
- Female-led Pact Launches £30m Seed Fund 24th Nov 2022 Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
- Catalyst's Co-Founders programme opens for applications 23rd Nov 2022 Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
- Capchase “Pulse of SaaS” Report Shows SaaS Startups Remain Resilient During Economic Uncertainty 21st Nov 2022 Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
