Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee



Posted May 07, 2021

MIAMI and TORONTO, May 4, 2021 /PRNewswire/ - XTM, Inc. ("XTM" or the "Company") (OTCQB: XTMIF) (CSE: PAID), (FSE: 7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce that its Today Mobile App and instant payout solution was chosen by several Pizza Hut Franchisees for a same-day payment solution for driver earnings and gratuity payouts.

"With cash declining at a record pace in food delivery and quick serve restaurant (QSR) environments, now more than ever, workers need an alternative to provide instant access to their pay," said Nelson Wong, Director of Corporate Services & Special Projects, Marble Restaurants (Pizza Hut Franchise Group). "XTM's business model for the hospitality sector afforded our Pizza Hut locations an opportunity to remove cash from our ecosystem quickly, efficiently and at no cost."

"We see our integration with the Pizza Hut point-of-sale system as an example of the future of our scalable and low friction model," said Marilyn Schaffer, CEO, XTM. "We are empowering Pizza Hut Franchisees to focus on running their stores while we take care of daily staff payouts," said Marilyn Schaffer, CEO, XTM. "With our easy fully integrated fintech platform employee payouts are seamless, automated and instant."


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