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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of other assets

   June 30,
2020
   December 31,
2019
 
Merchant Portfolios  $2,315,000   $2,190,000 
Less Accumulated Amortization   (1,011,190)   (854,761)
Net residual portfolios  $1,303,810   $1,335,239 

 

   June 30,
2020
   December 31,
2019
 
Trade name  $2,500,000   $2,500,000 
Less Accumulated Amortization   (750,000)   (500,000)
Net trade name  $1,750,000   $2,000,000 
Schedule of estimated amortization expense related to amortizing intangible assets
2020 (remainder of year)  $406,429 
2021  $812,857 
2022  $812,857 
2023  $479,524 
2024  $312,857 
Thereafter  $229,286 
Total  $3,053,810