Sponsored By

Going cashless to improve employee retentionGoing cashless to improve employee retention

Digital payments have exploded as consumers embrace the ease of tapping and swiping and the security of going cashless. But the speed and convenience of digital payments aren’t just for consumers—foodservice operators can leverage digital payments options to streamline operations and tackle key labor challenges.

From cashless tipping to paycard solutions, new workforce payments technologies can turn the most onerous tasks—such as tip distribution—into a seamless process that can be completed in minutes. Plus, these innovations can help attract and retain talent: offering restaurant workers fast, easy access to their tips and earnings can reduce turnover and improve customer satisfaction.

Learn more about these new solutions and how they can serve up a win-win for operators and their employees.

October 28, 2024

1 Min Read
Image 3.jpeg

5 reasons you should use cashless tips

Feature_Image_2_0.png

Sponsored by Branch

Cash used to be king, but today it’s become time-consuming, inconvenient, and risky for both consumers and restaurant operators.

According to a recent PYMNTS study, Yet, when it comes to adopting cashless tips for employees, many restaurants lag, in part due to misconceptions about the cost or difficulty of implementation.

If your restaurant is among the many still paying out tips with paper money, it could be costing you more than you think. Read on to learn five reasons why every restaurant should implement cashless tips now.

Hop City Craft Beer and Wine was anywhere between $60,000 to $100,000 per week in business and typically tipping out 18%, or $18,000. The large tip out wtime-consuming, raisred flags with the bank

Want to continue reading?

Complete activation for full access.

Already have an account?

Subscribe Nation's Restaurant News Newsletters
Get the latest breaking news in the industry, analysis, research, recipes, consumer trends, the latest products and more.