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Related Party Transactions (Tables)
 6 Months Ended
Jun. 30, 2021
Related Party Transactions [Abstract]  
Schedule of Related Party Payables

Related party payables consisted of the following:

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Ventanex accrued earnout liability

 

$

3,800,000

 

 

$

4,800,000

 

cPayPlus accrued earnout liability

 

 

8,000,000

 

 

 

6,500,000

 

CPS accrued earnout liability

 

 

4,500,000

 

 

 

4,500,000

 

BillingTree accrued earnout liability (1)

 

 

1,000,000

 

 

 

—

 

Kontrol accrued earnout liability

 

 

500,000

 

 

 

—

 

Other payables to related parties

 

 

300,515

 

 

 

11,597

 

 

 

$

18,100,515

 

 

$

15,811,597

 

(1)

The accrued earnout liability is related to an acquisition by Clear Payment Solutions, LLC, a subsidiary of BT Intermediate, LLC, prior to the acquisition of BillingTree by the Company.