Payroc

Payroc is a rapidly growing international merchant acquirer and payment facilitator, operating in 46 countries and processing over $29 billion in annual volume for more than 66,000 merchants. The company specializes in providing advanced sales enablement and merchant processing technology, offering innovative and comprehensive merchant acquiring solutions alongside key card brand network payment sponsorship registrations. Payroc operates as a registered third-party processor for major financial organizations, including Visa and Mastercard, and maintains partnerships with Fifth Third Bank and Wells Fargo. Additionally, Payroc’s subsidiary, NXGEN, collaborates with Elavon for payment services. The company also has a presence in Canada, where it functions as an independent sales organization for various financial institutions. By providing in-person and mobile payment services through its proprietary eCommerce gateway and mobile mPOS platform, Payroc aims to deliver payment solutions tailored for small and medium-sized businesses, emphasizing transparent pricing and effective payment advice.

Jim Oberman

CEO and President

18 past transactions

SterlingCard Payment Solutions

Acquisition in 2024
SterlingCard Payment Solutions is a finance company that specializes in providing retail and e-commerce payment services tailored for various industries, including restaurants, retail, health and beauty, specialty grocers, and medical sectors. The company offers a range of solutions, including point-of-sale terminals, website payment integration, and customer loyalty programs. These services enable retailers to accept diverse payment methods and enhance customer engagement through incentives, facilitating smoother transactions and improved customer experiences.

Atlantic Merchant Services

Acquisition in 2023
Atlantic Merchant Services is a provider of electronic payment solutions tailored for businesses, organizations, and retail and e-commerce sectors, primarily in the mid-Atlantic region and beyond. The company specializes in merchant processing services, offering a comprehensive suite of tools such as touchscreen point-of-sale systems, countertop terminals, smartphone applications, invoicing, accounting integration, and inventory control. These services assist businesses in managing their payment processes efficiently while minimizing interchange costs, making it easier for clients to operate effectively in a competitive marketplace.

Worldnet Payments

Acquisition in 2022
WorldNet TPS Ltd. is a Dublin-based company that specializes in online payment gateway services for eCommerce merchants both in Ireland and internationally. The company offers a variety of payment solutions, including NetStart for new eCommerce businesses, NetSubscriber for managing recurring subscription payments, and NetCollect for invoice payments. Additionally, WorldNet TPS provides a Virtual Terminal for processing card payments in back-office environments, a plug-and-play solution called GoChipNow for virtual terminal merchants, and multi-currency services that facilitate pricing in different currencies. Their offerings also include an iPhone Virtual Terminal for mobile card processing, online fraud management services, and comprehensive reporting features to assist with financial reconciliation. Founded in 2005, WorldNet TPS has positioned itself as a significant player in the online payments industry by focusing on innovation and differentiation through advanced technology and strategic partnerships.

Iroquois Merchant Services

Acquisition in 2022
Iroquois Merchant Services, Inc. is a provider of credit and debit card payment processing solutions, catering to a diverse range of industries, including service providers, multi-location retail, and E-Commerce merchants. Founded in 2014 and headquartered in Nashville, Tennessee, the company offers a comprehensive suite of services, including credit card terminals, point-of-sale systems with inventory management and employee tracking capabilities, mobile processing solutions, and cloud-based terminals. Additionally, Iroquois Merchant Services provides E-Commerce solutions, security services, loyalty and gift card programs, and electronic check services. By focusing on both independent sales organizations and merchant service providers, Iroquois Merchant Services aims to facilitate seamless payment processing for businesses, local government entities, and non-profit organizations.

East Commerce Solutions

Acquisition in 2022
East Commerce Solutions specializes in providing a range of payment processing services aimed at helping merchants operate efficiently. The company offers credit card transaction processing, electronic payments, and point-of-sale (POS) systems, along with mobile payment solutions. Additionally, East Commerce Solutions provides payroll processing, check processing, remote deposit capture, and programs for gift and loyalty cards. By focusing on cost-effective solutions, the company enables clients to streamline their payment operations and enhance their financial management, catering to the diverse needs of businesses across various industries.

SnapCheck

Acquisition in 2021
SnapCheck is a San Francisco-based company that has developed a mobile application offering digital check deposit services primarily for credit unions and banks. The company's platform provides a high-speed, secure, and universally accepted solution aimed at eliminating the use of paper checks, which number around 18 billion annually in the United States. By replacing traditional checks with a digital alternative, SnapCheck enables businesses, consumers, and financial institutions to significantly cut costs and reduce fraud losses. This innovative approach not only streamlines check payments but also has the potential to save the economy over $50 billion each year while also contributing to environmental sustainability by reducing paper usage.

ACHeck21

Acquisition in 2021
ACHeck21 is a provider of cloud-based digital transaction software that specializes in managing Check21 and ACH payments. The platform simplifies the complexities of traditional financial software, offering a comprehensive suite of services, including compliance, verification, duplication detection, and remittance processing within a single workflow. By utilizing an open API, ACHeck21 enables seamless integration with existing payment portals or banks, making it accessible for software vendors, originators, banks, and acquirers. This allows their clients to efficiently deliver ACH, check capture, and verification services to merchant customers, streamlining transaction processing and enhancing overall operational efficiency.

Beanstalk Payment Technologies

Acquisition in 2021
Beanstalk Payment Technologies is a fintech company that specializes in providing a cloud-based application programming interface designed for various sectors, including government, medical, fitness, and e-commerce. The company’s platform offers a secure and streamlined integration point for payment processors, connecting them to major debit networks. Beanstalk’s proprietary routing intelligence optimizes the handling of eligible debit card transactions, allowing clients to manage their routing decisions more effectively. This innovation not only helps reduce the overall costs associated with online card transactions but also enhances transparency through improved messaging and reporting features.

Payroc

Acquisition in 2021
Payroc is a rapidly growing international merchant acquirer and payment facilitator, operating in 46 countries and processing over $29 billion in annual volume for more than 66,000 merchants. The company specializes in providing advanced sales enablement and merchant processing technology, offering innovative and comprehensive merchant acquiring solutions alongside key card brand network payment sponsorship registrations. Payroc operates as a registered third-party processor for major financial organizations, including Visa and Mastercard, and maintains partnerships with Fifth Third Bank and Wells Fargo. Additionally, Payroc’s subsidiary, NXGEN, collaborates with Elavon for payment services. The company also has a presence in Canada, where it functions as an independent sales organization for various financial institutions. By providing in-person and mobile payment services through its proprietary eCommerce gateway and mobile mPOS platform, Payroc aims to deliver payment solutions tailored for small and medium-sized businesses, emphasizing transparent pricing and effective payment advice.

GiveSignup

Series A in 2021
GiveSignup is a self-serve platform that helps to create nonprofit ticketed events, donation campaigns, and fundraising events. In addition, the dashboard gives control to generate revenue, share access, control the brand, engage supporters, report, and analyze. The company's contact modes are mail and physical address.

Bluestone Payments

Acquisition in 2020
Bluestone Payments, LLC, established in 2005 and located in Peachtree City, Georgia, specializes in providing electronic payment solutions for businesses. As a subsidiary of Payroc LLC, the company focuses on enabling merchants to accept various forms of electronic payments, including credit and debit cards, electronic checks, and gift and loyalty cards. Bluestone Payments offers services tailored to both Card Not Present and Card Present merchants, ensuring compliance with PCI standards and supporting advanced payment technologies such as contactless and EMV solutions. By streamlining the payment processing experience, Bluestone Payments allows businesses to prioritize customer service while managing transactions efficiently and affordably.

RunSignUp | TicketSignup | GiveSignup

Series A in 2020
RunSignup is a comprehensive platform designed for endurance and fundraising events, serving over 17,000 races and more than 7,000 nonprofits. The platform offers a free, integrated solution that streamlines event management and enhances fundraising capabilities. Built on a robust customer relationship management system, RunSignup provides a range of services, including promotional tools, event registration, and a full fundraising platform. Additionally, it features RaceDay products, such as RaceJoy for runner tracking and RaceDay Scoring for timing. By enabling clients to save time and increase revenue, RunSignup plays a vital role in the endurance industry and nonprofit sector.

Strategic Payment Systems

Acquisition in 2020
Strategic Payment Systems, Inc., founded in 2011 and headquartered in Canton, Massachusetts, is a full-service provider of payment processing services. The company specializes in meeting the credit card processing needs of various clients, including merchants, businesses, sales offices, financial institutions, and associations. Known for its quality products, superior service, strong relationships, and stability, Strategic Payment Systems offers cost-effective solutions tailored to facilitate efficient payment processing. As of August 10, 2020, the company operates as a subsidiary of Payroc LLC.

Gateway Payments

Acquisition in 2020
Gateway Payments is a provider of credit card services and advanced payment solutions based in Destin, Florida. The company offers a comprehensive range of products, including credit card processing, check services, and gift and loyalty card programs. These offerings are designed to help clients save money and time while attracting new customers and streamlining their business operations. Through its innovative solutions, Gateway Payments aims to enhance the efficiency and effectiveness of payment transactions for its clients.

Detrok

Acquisition in 2019
Detrok Technology Services specializes in providing technology solutions tailored for the hospitality industry, primarily in the Chicago metropolitan area. Founded in 2003 and based in Joliet, Illinois, the company offers a range of services including the sale, installation, and support of point of sale systems that facilitate customer tracking, inventory management, and the creation of pricing and loyalty programs. Additionally, Detrok provides security camera systems for remote monitoring, as well as solutions for payroll, employee scheduling, and financial reporting. As of February 2019, Detrok operates as a subsidiary of Payroc LLC.

Integrity Payment Systems

Acquisition in 2018
Integrity Payment Systems, LLC is a provider of financial transaction processing services, specializing in payment systems for card acceptance, point-of-sale systems, mobile payments, check services, virtual terminals, and payment gateways. Founded in 2002 and based in Des Plaines, Illinois, the company also develops automated tools for micro-payments from credit cards. Additionally, it offers various cash management solutions, including Integrity EasyPay for recurring payments, Integrity AutoSave for savings, and overnight money transfer services. The company provides support services such as equipment maintenance, online reporting, and dedicated customer service. Integrity Payment Systems aims to enhance the operations of sales partners and local merchants by delivering advanced payment acceptance, processing, and fraud protection solutions, thereby enabling clients to access real-time reports and analytics for efficient business management. As of February 2018, it operates as a subsidiary of Payroc LLC.

The iTransact Group

Acquisition in 2016
The iTransact Group, LLC is a payment processing company based in Farmington, Utah, founded in 1994. It specializes in providing comprehensive payment gateway and merchant account solutions, catering to a wide range of industries across the United States. The company's services include traditional merchant accounts, equipment and point of sale systems, mobile processing, credit card processing, data analytics, virtual terminals, electronic check services, and automated clearing house solutions. iTransact also offers custom gateway services, enabling features such as recurring billing and various payment processing options, including Apple Pay and EMV. The company is committed to delivering personal, world-class customer support while servicing millions of clients through partnerships with major payment processors. In January 2011, it rebranded from iTransact.com Inc. to The iTransact Group, LLC and has since operated as a subsidiary of Payroc LLC.
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