Tag Archives: Marilyn Schaffer

XTM Inc. Opens the Market at the CSE Media Centre

The CSE was happy to welcome XTM Inc. (CSE:PAID) to open the market at the CSE Media Centre on March 10th, 2020.

XTM Inc. (CSE:PAID) is a FinTech company based in Toronto, Canada that provides digital solutions for the financial needs of businesses across Canada and the US. Utilizing mobile apps and web portals to service their clients, XTM Inc. is a global prepaid card issuer, payment specialist, API provider, and marketing solutions company. They introduce and integrate external brands to their own payment ecosystem, creating new revenue and new opportunities.

“Opening the market today is really fulfilling and an important day for us. As an entrepreneur, you’re always looking for liquidity – I don’t mean that necessarily in literal terms of cash, but a point where someone values your company and says this is what it’s worth,” said XTM Inc. CEO Marilyn Schaffer.

“We’ve decided our focus is the hospitality sector. We saw a real need in that sector and an opportunity to solve a big problem. We don’t use cash anymore – most of us,” she remarked. “Somehow, in the restaurant space, patrons are using digital but we’re paying our servers with cash.”

She added, “We’ve got restaurants across Canada on our platform. We’ve got servers who are thrilled to suddenly have a digital app and a payment mechanism that makes their job more career-oriented and less like a quick ‘grab cash and go’ type of thing.”

In addition to Schaffer, other key members of the XTM Inc. team were also in attendance at the Market Open.

View the podcast on this Market Open featuring Marilyn Schaffer here.

For more details about the CSE Media Centre, including information on upcoming Market Opens, please visit the CSE website, or follow us on social media.

Marilyn Schaffer on How Payments Disruption Starts in the Kitchen

CSE’s Phillip Shum recently hosted CEO Marilyn Schaffer from XTM Inc. (CSE:PAID) to share her experiences in the payments industry and how the time was finally right for XTM to go public on the Canadian Securities Exchange.

In this discussion, Marilyn shares how her experience in payments started with an Angry Birds payment card (2:18), how her firm is making it easier for restaurant servers to get paid and save (4:06), and how their app-based mobile wallet solution will revolutionize cash businesses (8:09).

Listen until the end to learn about Marilyn’s origins as a high-level musician (she obtained an Associateship with the Royal Conservatory) and the meaning behind the letters X-T-M.

Subscribe:  Apple Podcasts / Spotify / SoundCloud / Stitcher / Google Play / RSS