MIAMI, TORONTO – June 3, 2021 – 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 around the world, is pleased to announce the integration with their Today Mobile app and prepaid card into Lightspeed, (TSX: LSPD / NYSE: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and provide exceptional customer experiences.
The solution will allow Lightspeed merchants to seamlessly deploy the Today Mobile employee earned wage access solution with no friction to their business. Through the integration, XTM’s platform will pull all employee earnings and gratuity data at the end of each shift and enable the business to push funds to every employee instantly, free of any fees to their employees.
“At Lightspeed, our ultimate goal is to help modern businesses simplify, scale and provide exceptional customer experiences,” said Peter Dougherty, VP of Partnerships at Lightspeed. “This integration with XTM will streamline shifts and deliver earnings to employees faster than ever, which is a win for our merchants.”
Powering the businesses that are the backbone of the global economy, Lightspeed’s one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. XTM will begin integrating the Today employee solution to businesses on the Lightspeed platform. Now more than ever business owners are looking to simplify and automate the earnings and gratuity disbursement process while at the same time save money and eliminate the need to handle cash.
“Besides Lightspeed being one of the industry leaders in retail and hospitality POS solutions, Lightspeed is also an industry leader in providing commerce solutions to the golf course industry,” said Marilyn Schaffer, CEO, XTM. “With XTM talks already in progress with top tier golf courses, we are confident that this single integration with Lightspeed will exponentially increase our user base with very little friction.”
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 disseminate and access earned wages and gratuities. XTM’s Today™ Solution, comprised of a free mobile app and a Visa or Mastercard debit card with free banking features, is used by thousands of restaurants, salons and staff across Canada and the United States. XTM is a global card issuer and real-time payment specialist and our technology is used by Restaurants and Salons at no charge to automate and expedite worker payouts and eliminate cash from their ecosystems. XTM’s Today solution drives enterprise value with efficiency and a bespoke user experience designed specifically for restaurateurs and personal care services.
For further information please visit xtminc.com or contact: