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.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...
 Daniel Dierkes, David Schara, and Maximilian Geißinger 2.jpeg)
Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.
.jpg)
Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future
A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated
Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 20th September 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
