A Miami and Toronto-based financial technology company in the neo-banking space, XTM announced today that it has rolled out Apple Pay and Google Pay to its US Today program users.
The rollout will support all 'Today Card' holders of the company to use their mobile devices for payments at the point of sale (POS). According to the recent numbers from Apple, more than 90% of the retailers in the United States are already accepting Apple Pay for payments.
Marilyn Schaffer, the CEO of XTM, said that the company supports its customers through efficient and technology-driven solutions. "We have two primary priorities, our customers and our shareholders, critical to our success. Providing the best customer experience and delivering convenient and secure payment options for all Today program members deliver on both priorities, generating happy customers and higher revenue,” Schaffer said.
The financial technology firm has expanded its services substantially in the past few years. Amid the growing use of digital payments, XTM introduced its Today Solution, comprised of a free mobile app and a Visa or Mastercard debit card with free banking features. According to the fintech company, thousands of restaurants and salons are using the solution.
Payment Methods
XTM provides innovative and cost-effective payment solutions. The company mentioned that the recent introduction of convenient payment methods at check out will result in increased interchange revenue.
While providing details about Apple Pay and Google Pay, XTM said: “As previously announced, XTM has been working diligently rolling out more than 100K mobile wallets and by adding Apple Pay and Google pay to the Today program it will not only enhance the offering with convenience, but it will promote POS spend and in turn enable XTM to increase its interchange revenue percentage when calculating as a percentage of gross dollar value loads (GDV)."
