Survey on Millennial Tipping Habits Spawns Tech Startup

LOS ANGELES, Oct. 25, 2018 /PRNewswire-PRWeb/ -- In response to a 2014 Harris Poll survey that found 30% of millennial's tipping less than 15% when dining out, TIPS 4 Humanity™ of Los Angeles, California has introduced a "tip gift card" designed to be given and redeemed as a cash tip to service workers such as servers & bartenders. A new and convenient way for peers to help one another "cover the tip" when dining out or grabbing a drink is the brainchild of Alan Vazquez, a millennial himself who studies business from Southern California. Ingrained with a passion for business, Alan recalls the type of enterprise he dreamed of pursuing, "It has always been a goal of mine to launch an impact company that can be a significant and measurable help to a relating cause to the business, in this case fighting hunger with our contributions." Each TIPS 4 Humanity™ gift card sold and redeemed has a portion earmarked for food banks across America in need of resources.

Statistics show more than forty million Americans live in food insecure households, including eleven million children. The company's mission is to raise mass awareness and funds to combat the social issue. The way it works: Purchasers of the cash cards gift them to their peers who then hand them out to service workers as cash tips, mainly at bars and restaurants. Recipients of TIPS 4 Humanity™ gift cards are instructed on the back of the card to text message the QR code & serial number and in return, TIPS 4 Humanity™ will send the card value, minus a small processing fee, via peer payment app Venmo™. The company is currently working on a mobile application that allows the recipient to scan the QR code on the card directly to have funds transferred instantly into a linked bank account. The mobile application is due late 2018 and TIPS 4 Humanity™ gift cards are available now at http://www.TIPS4Humanity.com

SOURCE TIPS 4 Humanity