XTM SEES SIGNIFICANT DEMAND FOR CASHLESS DISBURSMENTS
April 08 2020 - 6:36AM
XTM, Inc. (“XTM” or the “Company”) (CSE:PAID), a global fintech
company providing mobile banking and payment solutions is pleased
to announce that it has been experiencing a dramatic increase in
demand for its Today Instant gratuity and wage disbursement
solution.
XTM showcased its solution at the Restaurant Canada Show at the
beginning of March with overwhelming demand and was on track for
record onboarding numbers, prior to the closures of dine-in
hospitality due to Covid 19. However as restaurants are planning
and preparing for reopening in the coming weeks, many are choosing
to board all staff members now.
In addition, XTM has been in discussions with many other
organizations and opportunities including instant pay for delivery
workers, simplified cash elimination and streamlining instant
payments in a number of verticals.
"While the Today program has in the past been marketed as an
instant wage and gratuity disbursement solution for hospitality and
personal care workers, we have been inundated with requests from
many other businesses looking to eliminate cash and expedite
payouts” commented Marilyn Schaffer, CEO. “XTM is excited with the
opportunities that have already started rolling out this week and
will generate meaningful reoccurring revenues by the end of
April.”
About XTM – www.xtminc.com
XTM is a Toronto Fintech company. We are a global card
issuer, payment specialist, and marketing solutions company. XTM
introduces and integrates brands to their own payment ecosystem
creating new revenue and new opportunities. Uniquely positioned to
conceive and execute innovative programs, XTM drives enterprise
value and creates a positive user experience. For more
information, please visit xtminc.com or
email info@xtminc.com
For more info:Marilyn Schaffermschaffer@xtminc.com
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