DipJar Hardware Lets You Pay With Plastic

It does look as though the world is making a slow but sure move to a cashless society. After all, carrying a bundle of cash around is never safe regardless of where you are, not to mention that you will also have less peace of mind and one more thing to worry about. A debit card would work a whole lot better, while credit cards too, will be able to help you out in a tight spot during an emergency. How about the tipping jar? Where does cashless come in then? The answer to that question lies in the DipJar.

Basically, the DipJar is actually a company that has managed to raise a cool $420,000 in a seed round in order to kick off a mass production of its hardware. The whole idea came about upon observing that the regular tip jar tends to remain empty these days at service-oriented establishments, simply because most folks pay with plastic – which reduces the overall tips.

This translates to those in the lower income having to live with less, as many of them do depend on tips to give their monthly bottom line a boost. In turn, this might result in a faster turnover as the staff look for a better life elsewhere, and business will then have to continue to train fresh workers and incur higher level of costs – the spiral goes on. With the DipJar hardware, it allows one to swipe your credit card inside (which is basically a tip jar with a standard credit card reader within), and the jar will deduct a pre-configured amount automatically. This amount is determined by the business, so only willing tippers will need to swipe. Do you think that this is one idea that will take off? At least with each swipe, a loud “change clinking” sound will be played to give employees a boost in their morale.

Edwin Kee
Categories: General
Tags: dipjar