New updates have been reported about SpotOn (PC:SPOTN)
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
SpotOn, a prominent restaurant management system provider, has partnered with Visa to integrate Visa Direct into its DayCheck solution, streamlining tip payouts for restaurant employees. This collaboration allows restaurant operators to bypass manual calculations and cash handling, offering a more efficient and transparent method for distributing tips directly to employees’ bank accounts. The integration aims to improve cash flow for restaurant owners and provide employees with faster access to their earnings, enhancing job satisfaction and retention.
The new system, powered by Astra’s payment infrastructure, eliminates the need for prefunding, reducing operational burdens and strengthening the overall employee experience. SpotOn’s Chief Innovation Officer, Doron Friedman, emphasized the dual benefits of this initiative, stating that it simplifies financial processes for operators while empowering employees with greater financial control. The DayCheck solution is now available in eligible states across the U.S., marking a significant step in SpotOn’s efforts to support independent restaurants and their teams with innovative payment solutions.

