XTM to Deliver North America’s First EMV and Contactless Enabled Instant Cash to Card Kiosk

XTM, Inc. (“XTM” or the “Company”) (CSE: PAID) (FSE: 7XT), a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world is pleased to announce that it will begin shipments and installations in early October of its new instant cash to kiosk, or Reverse ATMs to large venues and stadiums across North America.

Users will insert bills into the kiosk and in less than 60 seconds the deposit will be applied to an EMV and contactless enabled Mastercard prepaid card.  Secure and contactless payments will help to  expedite transaction times, facilitating increased in-stadium sales.  The XTM kiosk features a large 42-inch touch-screen that provides a frictionless quick and easy user experience.  As well the large screen and intuitive software allow for promotion and advertising opportunities to be displayed when the kiosk is not in use. See: https://www.xtminc.com/reverse-atm.

XTM has orders from colleges, universities NHL, NBA and MLS stadium owners and other large venues looking for a turnkey, cost effective, fast and secure way to eliminate cash from their ecosystems.  With the tremendous success of the XTM Today™ employee instant payout solution that eliminates cash disbursements for tips and earnings, this addition of an industry-first kiosk will facilitate a complete cashless solution.

“We are very excited to begin deliveries of our new kiosk in the coming weeks,” said Marilyn Schaffer CEO at XTM.   “The design, functionality and user experience of our kiosk makes it a true contender for large venue stadiums seeking to eliminate cash from their ecosystem.”

Further details of will be forthcoming as XTM delivers and installs the kiosks.