Fintech Mobile Banking News

XTM’S Today Mastercard Program Is Allowing for Instant Government Support Payments for Canadian Workers Affected by COVID-19

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XTM, (“XTM” or the “Company”), a global fintech company providing mobile banking and payment solutions has completed the final technical requirements allowing Canadian workers instant access to government support payments.

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XTM has completed the build of the end-to-end solution and all the systems and processes in place from employer on-boarding, to worker sign-up via mobile app, to instant issuance of the MyToday Mastercard, to same day delivery of disbursements.

XTM has committed to also providing free to every user, a full featured mobile wallet solution linked to the Mastercard allowing a full suite of services including bill payment, instant transaction history, ATM withdrawals, Interac e-transfers and more.

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Whether the user is a contract worker, hospitality worker, salon or personal care worker on an hourly wage, for gratuities and tips, or by the job or contract, XTM’s instant government support solution can be deployed quickly and easily.

“These are unprecedented work stoppages and we are here to help anyway we can,” commented Marilyn Schaffer, CEO. “Workers across Canada are looking forward to the rollout of the Federal Government Support Payments for all workers and XTM has committed to helping the Government expedite these payments to hard working Canadians.”

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