Paynt introduces cashless tipping solution

All-in-one solution URocked promises extra income for service industry staff

Trade

Sam Kholi, Paynt

Paynt is bringing its URocked cashless tipping solutions to Ireland.

Three products are now available One Device, Quick Tips and QR codes, which providing features like pay at table, mobile, card, and QR code tipping. It has already seen considerable success in the UK and Baltic region, particularly in the food, drink and hospitality industries. 

URocked’s system ensures that 100% of tips flow directly into employees’ digital wallets, eliminating employer involvement and simplifying payroll.

Founded in 2014 by Sam Kohli from Cork, Paynt employs 100 staff across offices in London, New York, Riga, Vilnius. The launch of URocked coincides with the opening of an Irish office.

Paynt is registered and authorised Electronic Money Institution and licensed to operate across 30 countries within the EU.

Kohli said: “Our URocked solution optimises the existing tipping process, ensuring staff receive 100% of tips without imposing administrative or tax responsibilities on business owners, all while staying legally compliant.

“With the new tipping legislation, the demand for a compliant and cost-effective solution has been increasing rapidly.

“We believe our solution will benefit operators across the services and hospitality sector by increasing tips, improving transparency, and reducing the administration burden.

“In addition to this, URocked will inadvertently increase the income of staff in the hospitality industry, not only as a result of digitalisation, but also due to the revolutionary approach of the solutions.”

TechCentral Reporters

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