Kickfin is a cashless tipping software designed for the hospitality industry, including restaurants, bars, and hotels. It helps businesses enhance employees' earning potential by digitizing tips, offering instant, cashless tip payouts to employees' bank accounts.
It is a financial services company headquartered in Austin, Texas. It provides a gratuity management solution for hospitality, assisting brands like Marco's Pizza, Applebee's, and Walk-On's in sending instant cashless tip payments to employees' bank accounts post-shift.
The company was founded in 2017 and specializes in payments, payments API solutions, instant payments, restaurant technology, and digital tips.
Key Features and Benefits:
- It allows businesses to tip out their entire team in just 30 seconds, offering employees instant access to their earnings 24/7, 365 days a year.
- It enables various hospitality staff, such as valet attendants, bellhops, concierges, and housekeeping, to receive digital tips via QR code or Text-to-Tip™.
- It connects to 100% of all 10,000 banks, ensuring real-time payments to employees' accounts without hidden fees.
- By paying employees instantly and digitally, businesses become more competitive employers, reducing turnover and attracting talent away from other daily pay and gig-economy jobs.
- Implementing Kickfin requires no contracts or setup fees. Businesses can start seeing a return on investment (ROI) right away, with potential monthly savings of $1,000 by eliminating the need to round up to the nearest dollar, cutting labor costs, and preventing theft and skimming.