XTM Advances US Rollout with Apple Pay and Google Pay | Your money
MIAMI AND TORONTO–(BUSINESS WIRE)–March 16, 2022–
XTM, Inc. (“XTM” or the “Company” ) (QB:XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions worldwide, is pleased to announce the deployment of Apple Pay and Google Pay for users of the US Today™ program.
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XTM launches Apple and Google Pay on its US Today™ digital payment solution (Photo: Business Wire)
Apple Pay and Google Pay allow all Today Card holders to use their Apple or Android devices to make point-of-sale (“POS”) payments. At checkout, the merchant invites the customer to hold their activated device near the merchant’s payment terminal or reader and the payment will be made securely using NFC technology. Apple says Apple Pay is already accepted at more than 90% of US retailers.
As previously announced, XTM has worked diligently on rolling out over 100,000 mobile wallets and by adding Apple Pay and Google Pay to the Today program, it will not only improve the offering with more convenience, but it will boost POS spending and will allow XTM to increase its interchange revenue percentage when calculated as a percentage of gross dollar value (“GDV”).
“We have two main priorities – our customers and our shareholders – critical to our success,” said Marilyn Schaffer, CEO of XTM. “Providing the best customer experience and offering convenient and secure payment options to all Today program members addresses both priorities, driving happy customers and higher revenue.”
XTM, www.xtminc.com, is a Miami and Toronto-based fintech innovator in the neo-banking space, helping businesses and service workers in the hospitality and personal care space to spread and access salaries and rewards earned. XTM’s Today™ solution, consisting of a free mobile app and a Visa or Mastercard debit card with free banking features, is used by thousands of restaurants, salons and employees in Canada and the United States. United. XTM is a global card issuer and real-time payment specialist. Our technology is used free of charge by restaurants, salons and service personnel to automate and accelerate access to earned salary and gratuities, increasing time and attendance and removing money from ecosystems. XTM’s Today solution improves operational efficiency and delivers a tailored user experience designed specifically for service workers.
This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (the “forward-looking statements”), within the meaning of applicable Canadian securities laws, including the expected performance of XTM, the expectation that companies that XTM does business with or has committed to do business with will do so within the expected timeframe, the continued trend towards electronic payment methods, that integrations will entice new business owners to use the Today program, and XTM’s terms and conditions and earnings. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”. , “potential”, “schedule”. “, “expect”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “could”, “could”, “should” or “could” happen. Although XTM can do its best to estimate when businesses will reopen or return to pre-Covid 19 levels of activity, there is no guarantee that this will happen. will occur within the time frame anticipated by the Company or as may be appropriate. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Such forward-looking statements are made as of the date of this release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, results or results anticipated or implied by such forward-looking statements will occur or that the plans, intentions or expectations regarding the on which the forward-looking statements are based will occur.
CSE has not approved or disapproved of the contents of this press release, and CSE accepts no responsibility for the adequacy or accuracy of this release.
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KEYWORD: UNITED STATES NORTH AMERICA CANADA FLORIDA
KEYWORD INDUSTRY: MOBILE/WIRELESS TECHNOLOGY RETAIL OTHER BUSINESS SERVICES TRAVEL FINANCING BANKING RESTAURANT/BAR PROFESSIONAL SERVICES OTHER TECHNOLOGY OTHER BUSINESS SOFTWARE DATA MANAGEMENT SECURITY
SOURCE: XTM, Inc.
Copyright BusinessWire 2022.
PUBLICATION: 03/16/2022 08:30 / DISK: 03/16/2022 08:32
Copyright BusinessWire 2022.