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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenue:    
Transaction and processing fees $ 8,358,459 $ 10,177,931
Merchant equipment rental and sales 88,538 88,797
Other revenue from monthly recurring subscriptions 1,319,624 24,796
Total revenue 9,766,621 10,291,524
Operating expenses:    
Processing and servicing costs, excluding merchant portfolio amortization 6,003,931 6,723,666
Amortization expense 844,423 812,857
Salaries and wages 1,363,451 1,490,762
General and administrative expenses 2,289,521 1,533,102
Total operating expenses 10,501,326 10,560,387
Loss from operations (734,705) (268,863)
Other Income (Expense):    
Interest expense (807,982) (866,875)
Interest expense, related party (235,951) (382,279)
Gain on settlement of payables 172,390
Other income 1,911 2,215
Total other expense (1,042,022) (1,074,549)
Net Loss $ (1,776,727) $ (1,343,412)
Net loss per share, basic and diluted (in Dollars per share) $ (0.31) $ (0.25)
Weighted average shares outstanding, basic and diluted (in Shares) 5,711,266 5,452,626