Kickfin is a cashless tipping software designed for the hospitality industry, including restaurants, bars, and hotels. It helps businesses enhance employees' earning potential by digitizing tips, offering instant, cashless tip payouts to employees' bank accounts.
It is a financial services company headquartered in Austin, Texas. It provides a gratuity management solution for hospitality, assisting brands like Marco's Pizza, Applebee's, and Walk-On's in sending instant cashless tip payments to employees' bank accounts post-shift.
The company was founded in 2017 and specializes in payments, payments API solutions, instant payments, restaurant technology, and digital tips.
Key Features
- Instant, cashless tip payouts directly to employees’ bank accounts.
- Automated tip-pool and tip-share calculations based on shifts, hours, points, sales categories.
- Detailed tip-payout reporting by site, shift, and employee, with audit trail and exportable CSV.
- Compliance support for labour laws and tip-pool regulations (digital paper-trail)
- POS & Banking Integration
- Integrates with major POS systems to automatically ingest sales & labour data for tip calculations.
- Connects to 10,000+ banks for direct deposit — no pay cards required.
Terms & Conditions / Usage Guidelines
- Licence & Subscription – You enter service via contract; vendor states no setup fees and rapid onboarding.
- Data & Compliance – As you process employee earnings and tipped-income, ensure compliance with wage-laws, taxes and your jurisdiction’s rules. Kickfin’s reporting helps but operator remains responsible.
- Integration Obligations – If you are using POS/Bank integrations, ensure data accuracy, secure credentials and consistent data flows (labour/sales) for correct payouts.
- Payout Accuracy & Timing – While payouts are “instant”, delays may occur due to banking settlement; your team should verify payout caps or buffer policies.
- Cash-Fallback – If you still have cash tip flows or mixed payout types, ensure your process is aligned with Kickfin’s “blended payouts” features.
- Termination / Data Retention – On termination, you must retain access to payout logs, export reports for audit of tips paid.
- Liability Disclaimer – Kickfin facilitates payout; employer remains responsible for correct tip-pooling policy, labour law compliance, employee classification.
