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XTM Inc C.PAID

Alternate Symbol(s):  XTMIF

XTM Inc. is a fintech creator of payment innovations including fully certified Earned Wage Access through its AnyDay product. AnyDay is an automated earned wage access and instant payments platform that helps employers recruit, retain and improve operational productivity. It supports businesses to encourage their workforce in the hospitality, personal care and service staffing industries. It is the originator of the Today Solution, a software solution originally designed for restaurateurs, personal care service providers, food delivery operators, and other businesses with a similar need to provide staff with funds in near real-time. It provides on-demand pay for many brands, including Earls, Maple Leaf Sports & Entertainment, Cactus Club, Marriott Hotels and Live Nation. Its wholly owned subsidiary, QRails, Inc., enables payroll providers, financial institutions and other fintech companies to keep up with the on-demand economy by delivering digital payment solutions to their employees.


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Post by divime1on Nov 09, 2022 9:03am
140 Views
Post# 35084765

300% Spike in Inbound Sales Leads

300% Spike in Inbound Sales Leads

 

XTM Inc. Sees Immediate 300% Spike in Inbound Sales Leads Following Record-Attended Gratuity Tax Compliance Webinar

 

2022-11-09 08:30 ET - News Release

 

XTM, Restaurants Canada and James Rhodes, Leading Hospitality Tax Lawyer Addressed Tax Risk Mitigation for Gratuity Disbursements


Company Website: https://xtminc.com
MIAMI & TORONTO -- (Business Wire)

XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations specifically for service industries including hospitality, personal care and service staff, saw a 300% surge of inbound new business leads within a few hours following the record-attended webinar hosted with Restaurants Canada, an industry-leading non-profit association representing over 30,000 foodservice providers and James Rhodes, leading hospitality tax lawyer. The webinar was curated to provide strategic solutions for hospitality professionals to ensure restaurants are tax compliant on gratuity payouts.

The webinar imparted important distinctions between direct versus controlled tips, with actionable solutions that restaurant owners can implement to ensure tip compliance. James Rhodes referenced XTM as the solution to support compliant payout best practices. For a copy of the recorded webinar please contact compliance@xtminc.com.

With XTM firmly established as the contender in Canadian restaurant technology payments, it is focused on rolling out its Earned and Early Wage Access solution to hospitality businesses in the United States.

“A bigger market calls for a bigger commitment, investment and more time to market,” said Marilyn Schaffer, CEO, XTM. “The United States represents ten times our market, ten times the opportunities and huge multiples. We’ve been developing the hospitality and staffing market with an innovative, one-of-a-kind payment model that is seeing tremendous traction. With our banking and compliance approvals near-complete we have a robust pipeline, signed clients and some in early stages of onboarding.”

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