World’s First Tipping Solution To Utilise Open Banking
We don’t just talk the talk. We really are determined to bring tipping into the 21st century and we have an exciting announcement to share!
We’ve joined forces with Trilo, a fellow start-up revolutionising the way the world receives payments – through open banking.
Through this partnership, we are able to slash our card processing fees to pennies with a huge 71% reduction versus other online payment methods.
Trilo focusses on the customer, and enables bank-to-bank payments, allowing users to accept payments without having to hand over sizeable fees to the card provider, and pay directly from their mobile banking app. They have been recognized having processed the world’s first-ever POS/in person open banking payment,
Like us, Trilo are dedicated to transforming their sector by making it easier for customers to pay, and helping their users say goodbye to transaction fees and take on the cashless future.
We are dedicated to helping tipped-workers earn more, and this partnership ensures better and easier transactions for both the customer and the worker ensuring that tipped-workers can keep more of their hard earned tips.
What does this mean? Well, this will be the first integration of it’s kind world-wide, and will enable customers to tip via their online banking apps and leave cards behind. Together, we are re-modelling old-school tipping culture to fit in a modern contactless world, re-inspiring those receiving tips with transactional level transparency and now, with even fewer fees.
Together, we have created the first-ever cashless tipping solution to utilise open banking, and we can’t wait to see how it benefits our users as well as their customers.
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