XTM Inc C.PAID

A question

[123600]

an issue has arison for me after FS review. Why is the majority of AR longer than 60/90 days. naively on my part i thought if employees can g et their money instantiously then why XTM has to  wait 90 days? Obviously i don't understand who is paying them and how. I thought fintech co's were suppost to remove the fric tion between payment  timing.
i think this needs to be more fully explained

[Gg33kev]

Try xtm inc investor conference on fb. I find lots of knowledgeable people on there that may be able to answer your questions 

[Urbani]

PAID on sale !! Warren Buffet buying in the market, because there is blood on the streets I'm buying PAID

[123600]

apparently much  of the A/R at YE was cost of issueing the paid up  credit cards that have a cost to them and is billed to the resaurants. I think special payment deals were made. XTM receives no revenue from the total meal bill put through a card machine. The $25ml held as an A is cash held against L of balances awarded to the paid up credit cards of servers/employees etc. co earns some