New Integration with Visa Direct Allows Service Workers to More Easily Access Tips and Wages Across Payment Apps
eTip, the award-winning benefits platform specializing in digital tipping for hospitality and service industries, announced a new collaboration with Visa to help deliver funds directly to participating digital wallets in real-time.
Now, service industry professionals—from hotel staff to restaurant workers—can quickly send funds to their participating financial apps such as Venmo and PayPal without waiting multiple business days to access their earnings.
By quickly and securely integrating into existing payroll and tipping systems, this collaboration helps automate payouts for greater efficiency and enhanced user experience. The simplified workflow ensures faster access to wages and tips while improving employee satisfaction and retention.
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“At eTip, we believe service workers are the backbone of the economy, and they deserve a fast, transparent, and accessible way to manage their earnings,” said Nicolas Cassis, co-founder and CEO of eTip. “With cash transactions declining, it’s critical that tipping evolves to meet the needs of workforce. Our integration with Visa Direct makes it easier than ever for workers to access their hard-earned money quickly, empowering them with financial stability and control. By removing barriers to financial security, we are helping to ensure that tipping truly serves the people who rely on it most.”
eTip’s modern tipping platform is already trusted by some of the world’s most well-known companies in hospitality and beyond. Businesses using eTip report an average 95 percent increase in tip frequency, with workers receiving tips five times more frequently than before. By integrating with alias-based payments via Visa Direct, eTip is further enhancing financial access and flexibility, ensuring workers can benefit from their increased earnings as quickly as possible.
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Simplified and Real-time Payouts to Digital Wallets via Visa services
Visa offers streamlined funds disbursements to participating digital wallets in real-time. US-based PayPal and Venmo users can create aliases in their digital wallets and transfer their wages to their designated digital wallet accounts. For example, a PayPal user would provide “+JohnSmith.PayPal” to direct the disbursement to their PayPal account, or “+JohnSmith.Venmo” to their Venmo account.
Actual funds availability depends on receiving region and compliance processes and functionality varies by geography. Please consult your Visa representative.
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Source: PR Newswire
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