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Description
Payroc drives commerce for businesses with any time, anywhere payment solutions. We serve our clients with integrity as trusted advisors and recognized experts in payments. We provide transparent pricing clarity and prioritize developing personal relationships, while delivering exceptional integrated payment technology.
Payroc is a privately held full-service payment processor founded in 2003, servicing over 130,000 clients and processing over $38 billion in annual card volume. Our senior management team has over 200 years of payment experience combined. To meet its merchant’s diverse and specialized processing requirements, Payroc leverages the processing networks of 4 of the largest card processing platforms in the U.S.: First Data, Vantiv, TSYS, and Paymentech. Payroc is headquartered in the Chicagoland area.
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FREE PLAN
Company Details
- United States
- 501-1000
- 2003
Additional Details
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Risk AppetiteLow Risk, Medium Risk
Last updated
26th Oct
FAQ
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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