Breaking News: XTM Closes on Acquisition of Tiproll Gratuity Pooling Software Solution | #site_titleBreaking News: XTM Closes on Acquisition of Tiproll Gratuity Pooling Software Solution

Breaking News: XTM Closes on Acquisition of Tiproll Gratuity Pooling Software Solution

XTM, Inc. (OTCQB: XTMIF) (CSE: PAID) (FSE: 7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce it has closed the acquisition of the assets of Tiproll, a gratuity-pooling software solution to be an add-on to the Today (or the “Tipstoday) program.

Founded in 2015 Tiproll has developed and delivered a user friendly and intuitive gratuity pooling distribution platform serving locations across North America.  With hundreds of combinations, the platform can solve almost any labor intensive tip out calculation including percentage based, point system based, employee specific, position specific, combinations of all and more.  Using the Today portal employers can easily activate and set up the Tiproll option making cumbersome spread sheet and manual calculations a thing of the past. 

XTM expects to have the Tiproll integration with the Today portal completed by the end of August 2021.  On commercial launch, the Tiproll solution will be offered for free to all employers who currently use the Today program or to new clients as a monthly subscription-model based on tiered numbers of users.

With the current restorative climate within the hospitality and service industries, XTM remains focused on providing every advantage within its means to help these businesses recover quickly.  XTM with its Today payout solution offers one of the only free, integrated hospitality and service worker solutions that is fully compliant with all paycard, wage and gratuity disbursement rules and regulations in all 50 States and Canada.

The Today payout solution includes:

  • *Two free monthly ATMS and, effective July 15, unlimited free ATM withdrawals through our fee-free and surcharge-free ATM networks
  • Free unlimited account loads
  • Free of any monthly or annual fees
  • Free unlimited POS and online transactions
  • Free unlimited bill payments
  • Free Today-user to Today-user transfers
  • Same day ACH and Interac e-transfers for a small fee

*(effective July 15, 2021 via rebate and August 1, 2021 through in-app ATM finder)

“Providing a best in class, totally free solution to the hospitality and service workers and employers has always been our primary objective,” said Marilyn Schaffer, XTM, CEO.  “With cash disappearing within the industry and in fact the economy, XTM is providing a free end-of-shift instant payout solution as compared to merging gratuities with paychecks that employees tell us, by an overwhelming percentage, they do not want.”

“After spending years as an operator in the hospitality space, I’m thrilled to have finally found a partner in XTM who can extend our Tiproll offering and get it in process with thousands of establishments as part of a wholistic end-to-end solution,” said Scott Selland, Founder, Tiproll.  “The XTM team has integrity and is committed to delivering solutions for hospitality, by hospitality.”

About XTM

XTM,,  is a Miami and Toronto-based fintech innovator in the neo-banking space, helping businesses and service workers in the hospitality and personal care space disseminate and access earned wages and gratuities.   XTM’s Today™ Solution, comprised of a free mobile app and a Visa or Mastercard debit card with free banking features, is used by thousands of restaurants, salons and staff across Canada and the United States.  XTM is a global card issuer and real-time payment specialist and our technology is used by Restaurants and Salons at no charge to automate and expedite worker payouts and eliminate cash from their ecosystems.  XTM’s Today solution drives enterprise value with efficiency and a bespoke user experience designed specifically for restaurateurs and personal care services.

Sponsored Content Release. Click for Full Disclosure

Opt-into our eNewsletter NOW! For the Latest Trending Financial News Topics in Cannabis, Tech, Biotechs, Precious Metals, Energy, Renewable Energy and much more!

  • Sponsored Content Release, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, creates 100% unique original content. also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

    Please Note: is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on (the ‘Site’) is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content),, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. has not been compensated directly by any of the companies mentioned here in this editorial unless mentioned otherwise. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. receives fees for producing and presenting high quality and sophisticated content on along with other financial news PR media services. does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For xtm inc. video production, filming editing, news reporting, financial and corporate news dissemination, has been compensated five thousand dollars by the company. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. will always disclose any compensation in securities or cash payments for financial news PR advertising. does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security., members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: