Paynt SIA

About this company

Paynt Tipping is an innovative digital tipping platform that simplifies tip management, enhances fairness and reduces costs for businesses across UK, Ireland, Latvia, Lithuania and Estonia. Launched in 2020, Paynt Tipping addresses key challenges such as managing card transactions, tax deductions, and ensuring fair distribution of tips in hospitality and beyond. By integrating seamlessly with existing payment, HR, and tax systems, it offers an end-to-end solution that ensures transparency and boosts staff satisfaction.
The platform has processed over €3M in tips to date, with some clients reporting a threefold increase in tipping rates. Expansion into beauty has seen strong adoption, with businesses benefiting from higher tip amounts and improved staff morale particularly with the multi-staff tipping feature which allows customers to choose specific stylists to tip. The system also supports charitable causes, with 10% of transaction fees donated to poverty relief or hospitality charities.
By offering a cost-effective, secure and user-friendly solution, Paynt Tipping helps businesses streamline operations, reduce administrative burdens and comply with tipping legislation in the UK and Ireland. In Latvia, we’re the only tipping solution endorsed by the tax authority – where we help our members declare and pay taxes on their tips prior to payouts. Our scalability and seamless integration make it a viable solution for businesses of all sizes, helping them save costs and become compliant with local tipping laws and tax legislation across different regions in Europe