Anderson Zaks continues strong growth with new alliance

Anderson Zaks and XenCo, both UK based independent Payment Services Providers (PSP), are combining resources to strengthen delivery of their card transaction services to current and future customers. Together the two PSPs will provide a versatile range of payment services that are PCI DSS Level 1 certified, including authorisation and settlement, mobile and on-board transactions, unattended payment terminals (UPT), recurring payments, gift and loyalty card support and dynamic currency conversion. Both organisations have a wealth of experience and an enviable reputation for customer service, having been in the payments industry since the 1990s.

Anderson Zaks, which grew revenues by over 25% last year, has a track record of providing innovative payment solutions designed to customers’ specific needs, and has experience in several strong niche sectors including ticketing, on-board payments for the travel and transportation industry, mobile, and valued added services. XenCo is a specialist supplier of UPT solutions and has a strong and loyal customer base.

Both companies are uniquely acquirer and terminal agnostic working with all UK and Irish acquirers and a range of hardware manufacturers which include; Ingenico, VeriFone, Miura and Datecs.

Iain High, Managing Director at Anderson Zaks commented: “Combining the XenCo customer portfolio with the Anderson Zaks infrastructure strengthens our range of delivery capabilities particularly in the unattended market. We can combine development resources, particularly for continuing PCI compliance, which will ensure XenCo’s customer base remains protected for the future.”

Thor Simpson, Founder and Director at XenCo said: “The partnership with Anderson Zaks allows our two businesses to grow our delivery capabilities, especially for companies looking for a bespoke payment service covering static, mobile, web and unattended environments, without being tied to a specific manufacturer or acquirer.”

Anderson Zaks has a broad and varied customer base that ranges from small and medium sized enterprises to large multinational organisations. Anderson Zaks currently handles payment transactions from over 12,000 user sites and over 5 million transactions each month.