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Deferred Revenue
12 Months Ended
Dec. 31, 2019
Revenue Recognition [Abstract]  
DEFERRED REVENUE

NOTE 7 – DEFERRED REVENUE

 

The Company has several signed contracts with customers for the distribution of financial messaging, or other services, which include payment in advance. The payments are not recorded as revenue until the revenue is earned under its revenue recognition policy discussed in Note 2. Deferred revenue was $580,014 and $610,625 as of December 31, 2019 and 2018, respectively.