XTM Onboards the 251st Franchised Salon - Integrates With POS Software for Instant Payouts to Salon Stylists

TORONTO and MIAMI, Fla., July 3, 2020 /PRNewswire/ - XTM, Inc. ("XTM" or the "Company") (CSE: PAID) (FSE: 7XT), a global fintech company providing mobile banking and payment solutions around the world is pleased to announce that it has onboarded the 251st franchised salon to deliver a cashless ecosystem for franchisees and their staff.A XTM's automated data collection solution, integrated with the salons' point-of-sale platform, is now paying out instant/daily cashless gratuities to stylists from First Choice HaircuttersA®, Magic CutsA®, SupercutsA®, RoostersA® and SmartStyleA®, all part of the Regis Corporation family of brands.XTM's cashless product, the TipstodayTMA program is a free solution driving efficiency and accuracy to Restaurants and Personal Care Services organizations for instant, automated daily gratuity and earnings payouts."With the risks associated with handling and distributing cash amid COVID-19, our solution just works for the many franchise owners looking to simplify and completely automate their gratuity and earnings disbursement process," said Marilyn Schaffer CEO, XTM. "Our POS integration removes any friction making the transition to cashless disbursements, quick, easy and efficient.""We are all trying to create a safe environment for our customers and staff" said Luther Winchell, franchise owner of 26 salons.A "XTM's solution allows us to eliminate the need to handle cash, keep same day payouts and reduce time spent managing disbursements to our hard-working stylists." About XTM Inc.
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