Tip jars now take plastic - FOX 35 News Orlando

Tip jars now take plastic

Posted: Updated:
MYFOXNY.COM -

A New York man has developed a tip jar for the credit card generation.  It's called DipJar.

Ryder Kessler says he came up with the idea while he was in a busy coffee shop and employees lamented that tips were down as more people started making their purchases on credit and debit cards.

Kessler, who has worked for years in the tech industry, formed the company with his brother, Judd.

The DipJar sits on the countertop and customers simply swipe their card.  The machine takes a predetermined amount for a tip.  DipJar says most locations choose $1.  DipJar takes a service fee (of up to 20%) and the balance is disbursed on a regular schedule to employees.

The company has contracted two DipJars in New York. They are at two Oren's Daily Roast locations in Manhattan.  The machines are free to the retailers since the company makes its money off of transaction fees.

DipJar says it uses encryption to transmit credit card information securely to its servers.  It says its internal checks would combat fraud such as suspicious repeated dipping on the same card.

The company says it is looking to continue to develop the jars to accept other forms of tipping, like barcodes from mobile phones.

  • Manhattan NewsManhattan NewsMore>>

  • Hundreds celebrate Easter at St. Patricks Cathedral

    Hundreds celebrate Easter at St. Patricks Cathedral

    Saturday, April 19 2014 10:37 PM EDT2014-04-20 02:37:51 GMT
    Hundreds of people showed up to Saturday's mass at St. Patricks Cathedral to celebrate Easter, one of the holiest days for Christians around the world.
    Hundreds of people showed up to Saturday's Mass at St. Patricks Cathedral to celebrate Easter, one of the holiest days for Christians around the world.
  • Governor kicks off 114th annual New York International Auto Show

    Governor kicks off 114th annual New York International Auto Show

    Saturday, April 19 2014 7:00 PM EDT2014-04-19 23:00:18 GMT
    Auto fans you may already know this the 114th New York International Automobile Show is in town this week. Governor Cuomo was on hand Saturday to kick off the official opening of the 10 day event by driving a 2015 Chevrolet Corvette convertible through the Jacob Javits Convention Center.
    Auto fans you may already know this the 114th New York International Automobile Show is in town this week. Governor Cuomo was on hand Saturday to kick off the official opening of the 10 day event by driving a 2015 Chevrolet Corvette convertible through the Jacob Javits Convention Center.
  • Man struck and killed by NYC subway train

    Man struck and killed by NYC subway train

    Saturday, April 19 2014 3:19 PM EDT2014-04-19 19:19:38 GMT
    A man in his 60s was killed by an oncoming train in midtown Manhattan after jumping on the tracks to grab his personal belongings that fell.
    A man in his 60s was killed by an oncoming train in midtown Manhattan after jumping on the tracks to grab his personal belongings that fell.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices