XTM rolls out mobile payment solution to 68 Earls restaurant locations


Earls Restaurants, with locations throughout Canada and North America, has selected XTM Inc. a Toronto-based fintech company’s Today mobile app and Mastercard instant payout as its payment solution for earnings and gratuity payouts to its over 7,000 thousand staff members.

XTM’s Today card and mobile wallet pushes earnings at the end of each shift to Earl’s employees, according to a press release. Employees can use their Today card to make in-store or online purchases, withdraw cash at ATMs, pay bills, send e-transfers and more.

With the Today mobile solution admin portal, each Earls location can administer and have complete control and automation of the entire process from card delivery, activation and assignment to daily employee earnings disbursement of gratuities.

“This was an important decision for our organization,” Eric Holland, vice president, operations, Earls Restaurants said in the release. “First and foremost, we wanted to ensure it benefited our employees. Ultimately, we are looking to make their lives easier and more efficient. We analyzed the pros and cons of XTM’s solution thoroughly and piloted the program before we moved forward. With very positive feedback all around we are confident that this solution is the right fit and we will be able to grow with it in the future.”

With XTM, users have features common to a brick-and-mortar bank including transaction tracking, balance reports, same day e-transfer and ACH, bill-pay, card-to-card transfers, card to bank, suspicious activity notifications and more. The services are free to the employers and near-free to the employees with the exception of card-to-bank transfers which have a small transaction fee.
“With Earls being an industry leader and innovator in the hospitality sector, we are delighted to have been chosen to provide the payment solution to all their valued staff members,” Marilyn Schaffer, CEO, XTM said in the release. “Same-day pay is important as are the other features we will continue to build into our solution including overdraft protection, unsecured credit products and cash back rewards.”