Grazzy & U.S. Bank Launch Prepaid Debit Tip Program

Author

Slice of Finance Team
07 Apr

Key Highlights:

  • Instant access to digital tips and wages after each shift

  • No overdraft fees, mobile app, and FDIC-insured cards

  • Helps employers reduce costs and improve worker retention

Source: PR Newswire

Notable Quotes:

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"Inclusive banking solutions are essential to that mission. With this program, employers can now offer every employee instant access to their digital tips, as well as helping them spend and save in better ways."

Courtney White, VP of Growth and Operations at Grazzy
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"The ability for companies to provide both the Grazzy digital tipping option and the U.S. Bank prepaid debit card solution not only creates convenience and security for employees, but also fosters a more motivated workforce and cost savings for employers."

Ben Osmond, SVP, Treasury and Payment Solutions at U.S. Bank

Why This Matters:

As cashless tipping becomes more common across service sectors, the partnership between Grazzy and U.S. Bank presents a timely, scalable solution for improving employee satisfaction and financial access. By giving workers instant, fee-free access to their earnings—regardless of their banking status—this initiative addresses workforce retention challenges while modernizing payroll practices without disrupting existing systems.