What does XanderPay do?

XanderPay is a fintech company based in Los Angeles, California, founded in 2018. It specializes in modern payment platforms and infrastructure tailored for the hospitality industry, particularly hotels. The company aims to simplify hospitality payments by creating centralized, guest-centric solutions that enhance the management of payments from various sources, including online travel agencies and direct bookings. XanderPay offers several key services, including a hotel remittance system that centralizes virtual credit card and consumer card transactions based on guest origin. Its proprietary Bank Transfer Guarantee+ (BTG+) provides secure bank transfer options, replacing traditional systems. The overall platform manages the entire payment process, from guest bookings to reconciliation, ensuring compliance and improving operational efficiency for hotel groups. XanderPay partners with leading payment and technology companies, including a strategic integration with DerbySoft, to streamline travel payments for its clients.