BJ’s Restaurants and Ferry Launch Payroll Card Powered by Highnote, Digitally Disbursing Employee Tips at 200+ Restaurants Nationwide
SAN FRANCISCO, April 16, 2024 (GLOBE NEWSWIRE) -- Ferry, a financial technology platform facilitating automated instant tip payouts and tax compliance for hospitality businesses, today announces the nationwide launch of an advanced payroll card and instant tip payment solution for BJ's Restaurants, Inc. (NASDAQ: BJRI), a leader in the casual dining industry. The new card program will leverage Highnote, the embedded finance company setting the new standard in modern card platform management, as its issuer processor. The cards are available nationally among BJ’s Restaurants’ 200+ casual dining locations in 30 states, marking a significant step in providing a same-day tip access and wage payment solution that integrates with a restaurant’s point-of-sale (POS) and human capital management (HCM) software, handles secondary tip-outs, and ensures tax compliance.
- The new card program will leverage Highnote , the embedded finance company setting the new standard in modern card platform management, as its issuer processor.
- The news comes on the heels of a continued positive trajectory for BJ’s.
- “We applaud the BJ’s team for its forward-thinking approach to employee well-being, as well as the incredible caliber of the Ferry team and technology.
- With partners like Ferry and its customer BJ’s, we know our platform can continue exceeding market demands for an innovative card issuer.