[Canada] XTM rolls out AnyDay earned wage access solution

Miami and Toronto-based fintech XTM Inc. has announced it will be rolling out the QRails AnyDay solution across Canada, Business Wire reports.

XTM’s payment innovations and mobile solutions are specifically geared towards service industries including hospitality, personal care and other service providers. 

According to the June 15 rollout announcement, the combined entities will leverage their direct payroll integrations to enable clients with employees in Canada and the US to deliver a unified EWA solution. 

By leveraging XTM’s existing banking partners in Canada and migrating to QRails’ issuing and direct Mastercard processing platform, the company will reportedly be able to offer its solutions to large organisations that have been awaiting a fully compliant, single-source, EWA North American solution.

“It is gratifying to see our roadmap coming to realization,” Marilyn Schaffer - CEO of XTM - said. “As in any business, you are required to pivot at times, however, the goal remains to inspire today’s worker, on their terms. Early Pay is proven to be a significant incentive to motivate, encourage and support employees.”

“With XTM, QRails is about to see a return for its investment in engineering one of the most robust and scalable issuer processors in the world,” Cary Strange - President of QRails - said. “Rolling out with XTM’s solid traction in Canada’s service industry, creates credibility for QRails, transitioning it from world-class software to a viable business.”

Source: Business Wire

(Quotes via original reporting)

Miami and Toronto-based fintech XTM Inc. has announced it will be rolling out the QRails AnyDay solution across Canada, Business Wire reports.

XTM’s payment innovations and mobile solutions are specifically geared towards service industries including hospitality, personal care and other service providers. 

According to the June 15 rollout announcement, the combined entities will leverage their direct payroll integrations to enable clients with employees in Canada and the US to deliver a unified EWA solution. 

By leveraging XTM’s existing banking partners in Canada and migrating to QRails’ issuing and direct Mastercard processing platform, the company will reportedly be able to offer its solutions to large organisations that have been awaiting a fully compliant, single-source, EWA North American solution.

“It is gratifying to see our roadmap coming to realization,” Marilyn Schaffer - CEO of XTM - said. “As in any business, you are required to pivot at times, however, the goal remains to inspire today’s worker, on their terms. Early Pay is proven to be a significant incentive to motivate, encourage and support employees.”

“With XTM, QRails is about to see a return for its investment in engineering one of the most robust and scalable issuer processors in the world,” Cary Strange - President of QRails - said. “Rolling out with XTM’s solid traction in Canada’s service industry, creates credibility for QRails, transitioning it from world-class software to a viable business.”

Source: Business Wire

(Quotes via original reporting)