The payments landscape can be — and frequently is — shaped by both innovations and regulations. And with the news that businesses in the United Kingdom have just two weeks left to prepare for the Oct. 1 enactment of the Employment (Allocation of Tips) Act...
Beyond the balance sheet, loyalty is the primary currency restaurant and hospitality operators survive on. But it’s not just the loyalty of their customers that keeps restaurants in business — it is the loyalty and dependability of their workers, which is undergoing a transformation as...
The Biden administration’s anti-junk-fee campaign is targeting the restaurant sector. But as CNBC reported Sunday (Aug. 25), restaurateurs are trying to avoid this fight. The report, citing data from the National Restaurant Association, said that 15% of restaurant owners added surcharges or fees to checks...
Cash has long been king at Argentina’s bars and restaurants. Its reign may be ending. As Bloomberg News reported Saturday (Aug. 10), card tipping had been rare in the South American nation, leading many patrons to carry big wads of cash. Now, however, tipping is...
October 20, 2023
Cash is still the way that many hospitality workers receive tips. Customers’ increasing penchant for using contactless cards and digital wallets means they are also using credit and debit cards more. This usage causes payout frictions for hospitality employees and employers. To facilitate instant tip payout without risks of robbery or fraud, hospitality employers must […]
October 19, 2022
In times past, a creator might’ve been a musician busking for tips on a street corner. Social media thrust those musicians — and artists, poets, podcasters, makeup artists and more...
October 26, 2020
At a time when no one wants to say that COVID-19 has been good for business, more and more executives in the digital arena are willing to at least say that the...
May 19, 2020
The COVID-19 pandemic has shaken both the United States and global economies, with 38.4 percent of small to mid-sized businesses (SMBs) reducing their payroll and experts warning that the pandemic...
August 25, 2024
The Biden administration’s anti-junk-fee campaign is targeting the restaurant sector. But as CNBC reported Sunday (Aug. 25), restaurateurs are trying to avoid this fight. The report, citing data from the National Restaurant Association, said that 15% of restaurant owners added surcharges or fees to checks due to higher costs last year. And a recent report […]
August 11, 2024
Cash has long been king at Argentina’s bars and restaurants. Its reign may be ending. As Bloomberg News reported Saturday (Aug. 10), card tipping had been rare in the South...
February 29, 2024
Restaurant365 has added a new tip automation tool to its restaurant enterprise management platform. Aimed at improving payroll accuracy and efficiency for restaurant leaders, the new Restaurant365 Tip Automation allows...
October 20, 2023
In the fast-paced hospitality industry, where convenience and quick access to funds are of utmost importance to workers, the popularity of instant tip payouts is on the rise. In “Generation...
