The cashless payment solution tippmee offers is addressed to employees that rely on tips, and it answers to the rapid decline in the use of cash as consumers have embraced the use of new payment methods.
As research shows, people have embraced digital payment options all around the world. In Europe in particular, 66% of customers have adopted digital transactions as a means of payment. As a result of this shift, new solutions – that cater to the buyers’ need to be provided with streamlined payment experiences – are necessary.
Taxi and private drivers that opt for tippmee’s solution receive a headrest cover with a personalised insert that features the driver's unique QR code and NFC tag, which is linked to their bank account. To leave a tip, passengers tap the driver's headrest cover with their smartphone. The company charges a 1% fee on all tips received. Drivers utilising the service can log in and check their balance at all times. The payment for the tips is made directly into the drivers’ bank accounts on Fridays.
In addition, tippmee has also made this solution available for delivery drivers. In this case, drivers receive 95% of their tips paid into their bank accounts every day.
Previous partnerships secured by Acquired.com
Earlier in 2023, Acquired.com announced its partnership with HES FinTech, a Lithuanian provider of lending platforms. Similarly, the partnership was advertised as a way for HES to expand its reach in the UK market.
What is more, in March 2023, Acquired.com teamed up with MultiPay as its hardware provider for in-person payment card terminals.
