Strikepay™ is a digital tipping solution that enables direct, instant payments to employees through QR code scanning or mobile tap, bypassing traditional payment systems to eliminate card fees and ensure compliance with tipping regulations. This technology allows businesses to reduce administrative costs while increasing tip earnings for staff, providing a secure and efficient alternative to cash transactions.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional tipping methods rely heavily on cash or card payments processed through business systems, leading to transaction fees for businesses and potential delays in employees receiving their tips. Existing systems may also lack transparency and create administrative overhead in managing and distributing tips fairly among staff.
Solution
Strikepay offers a digital tipping platform that enables customers to directly tip employees via QR code scanning or mobile tap, bypassing conventional payment systems. This direct payment method eliminates card transaction fees for businesses and ensures immediate compliance with tipping regulations. The platform facilitates instant tip distribution to employee accounts, increasing tip earnings and providing a secure, transparent alternative to cash handling. Strikepay also simplifies team management and tip splitting, reducing administrative burdens for business owners.
Target Audience
Strikepay primarily targets businesses in the hospitality, service, and retail industries looking to streamline tipping processes, reduce costs, and ensure compliance, as well as employees seeking to receive tips directly and transparently.
Features
- Direct tipping via QR code scanning or mobile tap using Apple Pay, Google Pay, or bank cards
- Instant payment processing and direct deposit of tips into employee Strikepay accounts
- Real-time compliance with tipping legislation by bypassing traditional business payment systems
- Team management tools for setting up and managing employee profiles
- Automated tip splitting functionality for fair and timely distribution among team members
- Secure and cashless transactions for customers
- No app or terminal required for customers to leave a tip