Payment means

Tyky

Tyky – for supporting exercise

The traditional Tyky is suitable for employers who want to direct their investments in wellbeing at work in sport activities. With the Tyky-vouchers you can e.g. pay for exercise classes, fitness memberships and personal training in dozens of different sports. Entering agreements with individual sport centers will burden the human recources management, but the Tyky-voucher will open doors to thousands of service providers throughout Finland with only one agreement! The name of the voucher was shortened in connection with the general update in the autumn 2016.  Tyky-Kuntoseteli is now briefly and concisely Tyky.

Choice and equality

Tyky is a flexible and equitable way of encouraging the staff to exercise. Every employee can use the benefit to exercise and chose whatever service provider they want. The threshold for testing new sports is also lowered when you have a payment mean provided by your employer in your pocket. Thanks to the nationwide network of service providers the Tyky-voucher also serves a large number of employees that travels or live far from the company’s headquarters.

Appreciated staff benefit

Supporting the wellbeing at work with exercise is a benefit that the staff surely will value and that will be effectively used. When the staff is doing well you will achieve results and the positive employer image of the company will be strengthened. The employer can reduce the cost of the voucher benefits in their taxation. The maximum tax exemption is 400 euros/employee/year.

Easy payment

There’s two values for the Tyky (2 € and 4 €). Vouchers with separate values will facilitate the budgeting and the reconciliation at the cashier. The vouchers are accepted as payment for their whole value.

Compare Tyky-payment means

Tyky Tyky+ Tyky-Online
Values 2 € and 4 € 2 € and 4 € Charging the exact amount
Minimum order amount 20 € 20 € 1 €
Delivery costs from 19 €/order from 19 €/order
The maximum annual amount of the benefit 400 €/person 400 €/person 400 €/person
Payment terms 7, 14 or 21 days net 7, 14 or 21 days net Order specific 7-21 days net or invoicing in arrears according to actual use 7-14 days net
Invoicing in arrears is possible x
Eligible for exercise x x x
Eligible for culture x x (employer may choose to remove)
Photo identification x
Safety by random user checks x x x
Invoicing in arrears according to actual use x

No payments in advance. Only the actual balance is billed. No costs for unused benefits.

Order-specific invoicing x
Period of validity Depending on the time of order, 15 to 27 months Depending on the time of order, 15 to 27 months Invoicing in arrears according to use: employer’s decision (e.g. at the end of the year)

Order specific invoicing: 2 years from the order

Physical payment mean x x
Automated distribution of benefits to the staff x
Tyky+

Tyky-Kuntoseteli+ is now Tyky+ – A voucher for supporting exercise and culture

The plus feature of the Tyky takes every one’s recreational preferences into account. The voucher can be used as payment in theaters, cinemas, concerts and exhibitions across the country. In addition to the cultural sites, thousands of Finnish sports sites that accept the Tyky-vouchers are available for the beneficiary. Tyky+ was created when the tax exemption for supporting cultural activities came into force in 2009. The name was shortened in connection with the update of the general image in the autumn 2016. Tyky-Kuntoseteli+ is now Tyky+.

For a versatile recreation

Tyky+ is a flexible and equitable recreation for the staff. The versatile combination voucher offers something for both culture-loving people as well as sport enthusiasts. Thanks to the nationwide network of service providers the Tyky+ is also very useful on business trips and during leisure time.

Appreciated staff benefit

Supporting the wellbeing at work with exercise and cultural vouchers is a benefit that the staff surely will value and that will be effectively used. When the staff’s mood and wellbeing grows you will achieve results and the positive employer image of the company will be strengthened. The employer can reduce the cost of the Tyky-voucher benefits in their taxation. The maximum tax exemption is 400 euros/employee/year.

Easy payment

The Tyky+ vouchers have two values (2 € and 4 €). Vouchers with separate values will facilitate the budgeting and the reconciliation at the cashier. The vouchers are accepted as payment for their whole value.

Compare Tyky-payment means

Tyky Tyky+ Tyky-Online
Values 2 € and 4 € 2 € and 4 € Charging the exact amount
Minimum order amount 20 € 20 € 1 €
Delivery costs from 19 €/order from 19 €/order
The maximum annual amount of the benefit 400 €/person 400 €/person 400 €/person
Payment terms 7, 14 or 21 days net 7, 14 or 21 days net Order specific 7-21 days net or invoicing in arrears according to actual use 7-14 days net
Invoicing in arrears is possible x
Eligible for exercise x x x
Eligible for culture x x (employer may choose to remove)
Photo identification x
Safety by random user checks x x x
Invoicing in arrears according to actual use x

No payments in advance. Only the actual balance is billed. No costs for unused benefits.

Order-specific invoicing x
Period of validity Depending on the time of order, 15 to 27 months Depending on the time of order, 15 to 27 months Invoicing in arrears according to use: employer’s decision (e.g. at the end of the year)

Order specific invoicing: 2 years from the order

Physical payment mean x x
Automated distribution of benefits to the staff x
Tyky-Online

Tyky-Online – For supporting exercise and culture

Tyky-Online is suitable for employers who want to avoid manual processing of payment means and instead manage their staff benefits electronically. For the employees Tyky-Online offers a flexible storage and use of the benefit as well as new alternatives for tracking their own activities.

Tyky-Online has been developed in cooperation with employers, beneficiaries and sports and cultural service providers. Tyky-Online is an electronic and mobile payment method that isn’t inconvenient for the beneficiary in any way. Tyky-Online entered the market in 2011 and has intensely gained popularity.

Log in to Tyky-Online

Tyky-Online works like this

During the deployment phase the data of the employer’s beneficiaries is exported to the Tyky-Online service and at this point you also chose to download the recreational balance either as an order specific invoicing or as an invoicing in arrears according to use without payments in advance. After this the employees will be provided with an electronic voucher via e-mail and text message. The user can decide whether or not to keep the voucher as a picture on the cellphone or printed. This way you always carry the voucher with you. The information needed for the delivery of the benefit is; the employee’s first name, last name, e-mail address. If the employer doesn’t have this information in the system or if the employer otherwise wishes to involve the staff we will provide you with a register service free of charge which can easily collect the registration information of the beneficiaries and provide the benefit to those who want it.

When the voucher is charged at the service provider the exact amount will be reduced from the employee’s recreational balance. The employees can follow their own balance and history of use. The employer can follow the use and cost of the benefit with versatile reports. The payments received by the service providers will automatically be charged to the service providers.

Safety first

The employers and the tax authorities agree that the valuable staff benefit is only intended for the employee’s personal use and for work-improving activities.  Some of the sports and cultural benefits are misused; they are for instance handed over to other persons or used to buy non-eligible products. This is not possible with the Tyky-Online. The service providers have been instructed in receiving the benefit and the possibility of photographic identification – as the only payment method on the market – provides extra security for the use of the benefit.

No hidden costs

There are no hidden costs in using the Tyky-Online. Hidden costs are common for payment methods that are based on premium rate service numbers and text messages. Neither will the employer have any regular production or logistics costs as in card payment methods for sports and cultural benefits. That’s why Tyky-Online is particularly well suited for employers with a high employee turnover rate and also shorter employment relationships. A lost voucher can be renewed for free at any time.

 

Compare Tyky-payment means

Tyky Tyky+ Tyky-Online
Values 2 € and 4 € 2 € and 4 € Charging the exact amount
Minimum order amount 20 € 20 € 1 €
Delivery costs from 19 €/order from 19 €/order
The maximum annual amount of the benefit 400 €/person 400 €/person 400 €/person
Payment terms 7, 14 or 21 days net 7, 14 or 21 days net Order specific 7-21 days net or invoicing in arrears according to actual use 7-14 days net
Invoicing in arrears is possible x
Eligible for exercise x x x
Eligible for culture x x (employer may choose to remove)
Photo identification x
Safety by random user checks x x x
Invoicing in arrears according to actual use x

No payments in advance. Only the actual balance is billed. No costs for unused benefits.

Order-specific invoicing x
Period of validity Depending on the time of order, 15 to 27 months Depending on the time of order, 15 to 27 months Invoicing in arrears according to use: employer’s decision (e.g. at the end of the year)

Order specific invoicing: 2 years from the order

Physical payment mean x x
Automated distribution of benefits to the staff x

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