Major deal with US bank for Warrington company ICC Solutions

WARRINGTON-based ICC Solutions – run by husband and wife directors David and Wendy Maisey – has secured a deal with a major US acquiring bank to implement and safety test contactless payment methods.

With an increasing number of businesses moving to contactless payments worldwide, the deal is set to increase the company’s turnover by 35 per cent over the next five years.
Wendy Maisey said: ‘This is great news for employment in Warrington, the local and UK economy.
“Whilst we are living in very uncertain times, as directors David and I, along with our fantastic team have ensured that Covid-19 has not stopped ICC Solutions from going forward and finalising this deal.
“We export 95 per cent of our goods and services and all development and distribution is done solely from our Warrington headquarters. Trading in a buoyant export market with clients spread across all global economies gives us resilience to get through a situation like Covid and spreads risk factors.
“Newly signed UK Trade deals and those currently under negotiation will only add to this growth. The international aspect also makes it very exciting for the team who are keen to commence travel again and meet with our clients face to face when restrictions are eased.”
David and Wendy Maisey founded ICC Solutions in 1996 out of the need for businesses to securely test card payments and prevent fraud.
They were each awarded the OBE in the 2020 New Year’s Honours for services to the UK economy and international trade.
Today, ICC Solutions technology is used by banks and merchants to implement secure payments such as Chip & PIN, contactless and mobile phone in more than 100 countries worldwide, with the business employing 45 full time staff and looking to grow this in the coming months.
The Department for International Trade (DIT) has been providing support and opening networks, enabling the company to generate significant international growth. As a DIT Export Champion ICC Solutions has also been supporting and mentoring other businesses in their exporting journeys.
Wendy Maisey added: “We started ICC Solutions after noticing that there wasn’t a way to safely test tools for card payments. This was a real gap in the payment industry. We then set out to design and create a software solution that took care of all the testing and certification, preventing fraud and saving large acquiring banks and businesses a great sum of money.
“Exporting has a significant impact on revenue, it has given us resilience to get through a situation like this, and it makes it exciting for the team.”
Minister for exports Graham Stuart said: “It is fantastic to see such an innovative company adapting to the challenges of coronavirus and thriving in new markets. Our new free trade agreements will have a strong modern and digital focus, allowing British technology to thrive across the world in the coming years.
“The US is our largest trading partner and we will continue to champion free trade because we know that an agreement between our nations will provide UK exporters with a wealth of new opportunities.”