How Radium Works
Instead of sharing personal information or scanning a QR code, Radium connects users via GPS. This patented technology keeps transactions quick and private for both the payer and recipient, just like traditional cash gratuities.
Once a Radium wallet is funded, the payer simply opens the Radium app, selects from a list of nearby Radium recipients, enters the desire tip amount, and confirms that payment. The tips are automatically placed in the recipient's Radium wallet who is also immediately notified of the payment. Most importantly, the entire Radium transaction is fast, convenient, and no personal information is exchanged.
Open Radium and
Tap to Find Users
Select Radium Recipient
Enter Tip and
While advances in mobile payment technology have made many financial transactions easier for consumers, those platforms have failed to align with the cultural norms surrounding gratuity giving. Additionally, fewer and fewer people have cash on hand during those moments that call for generosity, leaving many who depend on those small payments behind. Radium, a cashless payment app, was developed to enable users to remain generous despite a lack of cash. The patented technology reduces guilt and encourages seamless generosity, namely gratuity giving, in the age of cashless payments. To learn more about our U.S. patent, please click here.
Eliminating the awkward moment
Radium’s patented technology addresses the gratuity giving gap by enabling Radium recipients (i.e., individuals seeking gratuities) to connect to Radium payers (i.e., gratuity givers) using GPS. Rather than a phone number or QR code to identify a desired recipient, GPS ensures privacy for both parties and allows for a more traditional gratuity giving experience. One that is fast, private, and avoids a potential awkward moment. Once the transaction is confirmed, both the payer and receiver are provided a record of the transaction that only includes the Radium usernames, the time, transaction ID, and location of payment.
We've all rushed out of a hotel room and forgotten to tip the housekeeper. Not a problem with Radium. Radium's patented technology uses GPS to automatically display all Radium recipients within a small radius allowing users to tip on-the-go. With Radium you can tip your housekeeper while in the hotel lobby or even across the street at a local café.
Increasing service worker and tipped employee pay
Radium increases service workers' income by allowing cashless customers to #StayGenerous. Radium also shifts the power back to the individual service worker by removing the employer as the gratuity middle-man. No more wondering if a tip actually makes it to the desired recipient. Just like cash gratuities, the employer is simply not involved, and the tip is deposited directly to the Radium receiver's account. The app is perfect for:
Hotel Staff: Housekeeper, Concierge, Valet, and Bellhop
Tourism Staff: Tour Guide and Personal Driver
Transportation Staff: Parking Valet and Taxi Driver
Performers: Bands, Singer, Musician, and Street Performer
Private Event Staff: Bartender, Banquet Server, and Busser
Restaurant and Café Staff: Barista, Bartender, Server, and Hostess
Spa and Beauty Staff: Hair Stylist, Message Therapist, and Nail Technician
Other Hospitality Workers: Casino Dealer, Tattoo Artist, and Sommelier
Streamlining charitable donations
Radium allows nonprofits and places of worship to expand and increase their donations and tithes by allowing nearby users to send funds anytime during an event or service. It is also free to setup a Radium business or nonprofit account.
What makes Radium different from other payment applications?Location, location, location, AND privacy. Radium's patented technology uses Global Positioning System (GPS) to link users, making Radium the only app with the ability to process payments electronically based on proximity. As a result, only those seeking payment (i.e., Radium recipients) are automatically displayed on devices of users in the area. No exchange of personal information, such as a phone number or user name, or the scanning of a QR code are required. Additionally, using GPS rather than a phone number or a QR code to identify a desired recipient ensures privacy for both parties and allows for a more traditional gratuity-giving experience. One that is fast, private, and doesn't result in an awkward moment. Once the transaction is confirmed, both the payer and recipient are provided a record of the transaction that only includes the Radium usernames, the time, transaction ID, and location of payment.
Does Radium charge fees?There are no hidden fees with Radium! The app is free to download and use, and unlike ATMs, Radium users are not charged fees to access their money. It also costs nothing to input funds into your Radium wallet and send money to Radium users seeking payment. Radium users who receive funds (i.e., Radium recipients) are only assessed a 3% transaction fee to cover the cost of the bank transaction. This fee is significantly lower than the fees credit card companies charge merchants.
How is my Radium wallet funded?Radium works similar to a toll pass that you might have in your car. Upon registering with Radium, users elect to fund their Radium wallet using their bank account and setting a wallet replenishment threshold which must be a minimum of $5. When a user's account falls below the specified threshold, Radium will automatically replenish the account with $25, or another higher amount set by the user, saving users time and money by eliminating trips to the ATM and withdrawal fees.
How does Radium keep my identity private from other users?Radium, unlike other payment apps, was developed to ensure a more traditional gratuity-giving experience by quickly connecting users and protecting their privacy. We accomplish both by limiting the list of nearby users displayed on Radium to only those seeking payment. Radium users who send gratuities to others have profiles that are always private. Once the transaction is confirmed, both the payer and recipient are provided a record of the transaction that only includes the Radium usernames, the time, transaction ID, and location of payment.
How can I let others know I accept Radium?Easy! Just go to the Promotional Materials link in the main menu, select the materials you'd like to receive, and submit a request. We'll mail any and all of the materials to you for FREE! You can choose from any of the three options below: (1) Window Decal, (2) Tabletop Sign or (3) Laminated Poster.