Branch, the fintech company that partners with employers, today announced a new partnership with ProPoint Solutions salon software SuperSalon that enables salons to digitally pay employees. Branch’s integration with the point of sales software allows owners of salon franchises such as CostCutters, Fantastic Sams, Supercuts, among others to instantly pay employees tips after each shift onto the Branch digital wallet and debit card.
While customers pay over 95 percent of services via card, many salons continue to pay out employee tips in cash. This requires obtaining and managing large amounts of cash on-site, increasing the risk of theft, loss, and administrative time. Without needing pre-funding or cash reserves, Branch’s integration with SuperSalon delivers salon owners an efficient, streamlined solution for distributing tips and wages while maintaining their current payroll processes. Salon owners can now provide their employees a fee-free way to access their pay, when they need it.
“The vast majority of stylists work hourly and earn a significant portion of their income via tips. But the rise of cashless payments has disrupted the cadence of those payouts, leaving salons to spend additional time to withdraw cash or distribute tips on fee-laden paycards,” said Branch CEO Atif Siddiqi. “Our partnership with ProPoint Solutions gives salon franchises a simple, fast way to deliver employees their pay and better tools to keep track of their money.”
Especially as the pandemic has upended the consistency of work for stylists and the salon industry, Branch offers additional benefits that salon owners can provide to support their stylists, including early access to earned wages and a direct deposit option. Unlike traditional paycards and banking services, Branch eliminates fees for users by providing fee-free FDIC-insured checking accounts and earned wage access at no cost. Users can also use the application for contactless payments and onboarding, an overview of projected earnings, and auto-budgeting tools. Branch is the first same-day payment provider to be integrated directly into SuperSalon.
“This partnership with Branch exemplifies ProPoint Solutions’ commitment to adding value and continuous innovation without driving up costs,” said Ryan O’Rourke, VP of Revenue at ProPoint Solutions. “Free for both salons and stylists, Branch’s easy to use technology helps SuperSalon customers make the biggest impact when competition is so high and costs need to be kept in check.”
SuperSalon is a complete point of sale salon software system that’s robust enough to grow businesses of all sizes. With real-time visibility, SuperSalon provides cloud-based customizable salon POS tools that enable smarter decision-making for higher productivity, more customers, and more profit.
For more information on the partnership, visit https://get.branchapp.com/supersalon.
About Branch: Branch is a fintech company that partners with employers to help Americans grow financially. Businesses turn to Branch for a faster way to pay employees and reduce the costs of paper checks and paycards. Employees that sign up with Branch can receive a zero-fee bank account, free instant access to earned wages, and auto-budgeting tools to help them manage their cash flow between paychecks. Branch has partnered with some of the nation’s leading payroll and workforce technologies to support employers in retail, restaurant, logistics, manufacturing, and healthcare. To learn more about Branch, visit http://www.branchapp.com and follow us on Twitter, Facebook, and LinkedIn.
About ProPoint Solutions: ProPoint Solutions is the developer of SuperSalon, the most trusted name in salon management software and preferred by over 12,000 locations worldwide. Committed to addressing the unique needs of business owners in the personal services industry. ProPoint delivers real-time visibility across multiple locations to their customers with a platform that includes scheduling, inventory management, customer profiles, and detailed financial data. To learn more about ProPoint, visit https://supersalon.com/.
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