XML 32 R11.htm IDEA: XBRL DOCUMENT v3.22.1
Deposit to Credit Card Processor
12 Months Ended
Dec. 31, 2021
Statistical Disclosure for Banks [Abstract]  
Deposit to Credit Card Processor

4. Deposit with Credit Card Processor

 

The Company utilizes a third-party processor to serve as an end-to-end processor of credit and debit card and automated clearing house (“ACH”) payment transactions that focuses on processing omni-channel (internet, mobile, and point-of-sale) transactions and recurring billings for traditional retailers, government and utility, and service providers. The Company was required to place a security deposit in order to secure the third-party services. The security deposit does not bear interest and is refundable upon termination of the agreement. The outstanding security deposit was $87,237 as of December 31, 2021 and 2020.