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Xenex Payment Systems Company Overview
Xenex Payment Systems, established in 1993 and headquartered in Cedarhurst, New York, provides merchant services to businesses across various industries. The company offers payment processing solutions for credit and debit cards, including EMV-compliant terminals, point-of-sale systems, and e-commerce integrations. Additional services include check processing, ACH transactions, and EBT card acceptance. Xenex also provides a “Zero Cost” program, allowing merchants to pass credit card processing fees to customers. Funding options such as merchant cash advances and next-day or same-day deposits are available. The company operates as a registered Independent Sales Organization for Deutsche Bank Trust Company Americas. While Xenex offers a range of services, some reviews have noted concerns regarding contract terms and equipment leasing practices.
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