Prepaid Expenses	6 Months Ended
Jun. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses	NOTE 3 – PREPAID EXPENSES The Company has made prepayments to Endless One Global (“E1G”) with regard to E1G’s service in providing data processing, transaction processing and related services for the prepaid debit accounts created for the Company’s customers. At June 30, 2020 and December 31, 2019, prepayments to E1G were $1,174,780 and $959,780 (See NOTE 7 - Service Agreement), prepayment to a vendor for development of mobile and web applications of $20,000 and $0, and prepaid rent of $8,500 and $57,500, respectively. The Company expects to obtain the BINs from the banks by September 30, 2020 and start its business operations within 30 to 45 days thereafter.

Prepaid Expenses

6 Months Ended

Jun. 30, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

NOTE 3 – PREPAID EXPENSES

The Company has made prepayments to Endless One Global (“E1G”) with regard to E1G’s service in providing data processing, transaction processing and related services for the prepaid debit accounts created for the Company’s customers. At June 30, 2020 and December 31, 2019, prepayments to E1G were $1,174,780 and $959,780 (See NOTE 7 - Service Agreement), prepayment to a vendor for development of mobile and web applications of $20,000 and $0, and prepaid rent of $8,500 and $57,500, respectively. The Company expects to obtain the BINs from the banks by September 30, 2020 and start its business operations within 30 to 45 days thereafter.

Monetiva Inc. 10-Q