Anchor Payments, Inc.

Anchor Payments is newly formed corporation created as a succession strategy for our long-tenured operating and sales Team to acquire the retiring owner's associated and related 16-year old merchant processing portfolios. Our flagship business originated in 2010 as fundraising mission to support hospice care. Over the years, we have donated $500,000 to charitable causes by allocating a portion of the recurring transaction fee revenues we earn from our 400+ merchant clients - including our first merchant who signed up in 2010! The new corporation was formed to give the Team some ownership interest while providing the retiring owners with some upfront capital until such a time that the portfolios are monetized over the next 3 years. We do 2.5 million transactions per year.