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Click hyperlinked numbers above to view important disclosures.
What we do for you
We help you streamline your tip out process by allowing your employees to receive their tips digitally at the end of their shift. That means:
Netspend does not charge for this service, but your wireless carrier may charge for messages or data.
- Less cash on hand is needed at your locations
- Your process is simplified, which helps reduce time and errors associated with manually distributing tips
- It’s a solution that works for restaurants, delivery services, salons… any business with tipped employees
How we help
"Understanding Trends in Employee Financial Health" research study by Murphy Research, Feb. 2020.
Improve employee satisfaction and retention
Paying employees their tips sooner can help them manage everyday expenses. Our research shows that same-day access to tips is one of the top payroll options employees like to have offered.[1]
Less physical contact
Help reduce cash handling by increasing electronic disbursement of tips.
IMPORTANT INFORMATION FOR OPENING A CARD ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens a Card Account. WHAT THIS MEANS FOR YOU: When you open a Card Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see your driver’s license or other identifying information. Card activation and identity verification required before you can use the Card Account. If your identity is partially verified, full use of the Card Account will be restricted, but you may be able to use the Card for in-store purchase transactions and ATM withdrawals. Restrictions include: no international transactions, account-to-account transfers and additional loads. Use of Card Account also subject to fraud prevention restrictions at any time, with or without notice.
Reduce risk for employees
Tips can be loaded to an optional Skylight ONE® Card,[2] so your employees don’t have to walk out carrying cash at the end of the shift. And there’s less need to bring cash in-store for tip-outs.
Netspend does not charge for this service, but your wireless carrier may charge for messages or data.
Stay organized
Depending on how you integrate with us, customizable dashboards and reports to make tracking easy to access and review may be available. Track shifts, receipts, tip accounting and more. Viewable online or from a browser on any mobile device.[3]
How it works for your employees
Employees can opt to receive their tips one of two ways:
IMPORTANT INFORMATION FOR OPENING A CARD ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens a Card Account. WHAT THIS MEANS FOR YOU: When you open a Card Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see your driver’s license or other identifying information. Card activation and identity verification required before you can use the Card Account. If your identity is partially verified, full use of the Card Account will be restricted, but you may be able to use the Card for in-store purchase transactions and ATM withdrawals. Restrictions include: no international transactions, account-to-account transfers and additional loads. Use of Card Account also subject to fraud prevention restrictions at any time, with or without notice.
1. Paid by check or cash as part of your company’s regular payroll process
2. Directly loaded to the Paycard program offered by Netspend the same day[2]
Card usage is subject to card activation and identity verification.[2]
"Netspend Survey: The Evolution of the Tipped Worker. survey of 900 U.S. adults, December 2020, pg. 6."
"65% of employees agree that they would rather work for an employer that gives them their tips digitally." [4]
IMPORTANT INFORMATION FOR OPENING A CARD ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens a Card Account. WHAT THIS MEANS FOR YOU: When you open a Card Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see your driver’s license or other identifying information. Card activation and identity verification required before you can use the Card Account. If your identity is partially verified, full use of the Card Account will be restricted, but you may be able to use the Card for in-store purchase transactions and ATM withdrawals. Restrictions include: no international transactions, account-to-account transfers and additional loads. Use of Card Account also subject to fraud prevention restrictions at any time, with or without notice.
Must pass due diligence to qualify for 2-day settlement.
2-day settlement
We offer 2-Day Settlement[5] allowing companies to reduce the amount of cash set aside every day for employee tipping purposes. We pay your employees’ tips that are paid to the optional Skylight ONE® Card,[2] and you make those funds available to us via ACH. That means less cash runs to the bank, and no more running out of cash at the end of the night.
The support you need from start to finish.
We provide you with personalized support from our team of experienced implementations managers who share the best practices we’ve learned from our years of experience. They will help onboard you and your employees to make sure your launch is a success.