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Bullboard - Stock Discussion Forum 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... see more

CSE:PAID - Post Discussion

XTM Inc > I'm excited. Over 10,000 new XTM CARDS
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Post by 7Twiggy on Mar 13, 2021 11:32am

I'm excited. Over 10,000 new XTM CARDS

Well, I am excited, never realized the Boston Pizza contract was this huge.  They have 380 restaurants in Canada and as of
2012 had 40 in the US and Mexico.  I think both numbers, especially the US are outdated and the numbers
are higher.  I would estimate that one of the local Boston restaurants that I frequent employees at least 30 staff.
Have been in a location in a smaller city and I would put the staff number around 20.  That gives us a minimum of 
420 restaurants and I will use an average of 25 employees for each restaurant.  That translates into 420 x 25 =   10,500
420 x25 = 10,500  XTM credit cards.  That is over 10,000 employees spreading the benefits of the new cards. Word 
should spread quickly through out the hospitality industry with other large franchises coming on board.  Looks like sales
staff at XTM are in for a busy year.
Comment by jclipilot on Mar 13, 2021 1:58pm
Although this is good news, isn't this just about a few locations? The press release specifies onboarding "Boston Pizza’s franchisee MacEachern Group".
Comment by jclipilot on Mar 13, 2021 2:06pm
"The Franchisee owners opting-in to XTM’s cashless Today program are an example of a progressive, well run organization that knows how to pivot when necessary,” said Marilyn Schaffer, CEO. No obligation on franchisees to opt-in. 
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