Payroc Newsroom

Payroc plans to acquire LedgerPay, which does business as PayIQ, saying the deal will complete Payroc’s end-to-end processing platform. The acquisition will provide Payroc with direct connections to all major card ...

Payments technology firm Payroc has launched a partnership with accounts receivable automation platform Biller Genie. The collaboration, announced Monday (Jan. 13), is designed to provide a more streamlined payment experience for ...

Payment platform Payroc has completed its previously announced acquisition of the merchant services business of i3 Verticals. With this acquisition, which was announced in June, Payroc will provide payment solutions to a broader ...

Global payments firm Payroc WorldAccess has acquired Canadian firm SterlingCard Payment Solutions. This acquisition enhances Payroc’s offerings in the Canadian market by adding Sterling’s card-present solution to its existing enterprise card-not-present ...

Payroc has introduced a PayByCloud solution aimed at simplifying omnichannel payment integrations for independent software vendors (ISVs). This cloud-based solution eliminates the need for ISVs to invest heavily in payments integration, streamlining ...

The unattended market, accounting for over $31 billion in the United States alone, is transforming the convenience commerce landscape and revolutionizing payment experiences in various settings such as offices, hotels, ...

Global payments company Payroc has partnered with Ingenico, a point-of-sale payment service provider, to introduce the Ingenico Self/3000, an unattended payment device aimed at meeting growing demand in the self-service market. The Self/3000 is specifically designed ...

Payroc WorldAccess has announced the acquisition of Atlantic Merchant Services by one of its subsidiaries. The acquisition complements the growth strategy of Payroc and adds to the capabilities of Atlantic Merchant ...

Global payments company Payroc has debuted a new API suite and developer documentation site, a press release said, which will give technology providers more embedded payments flexibility. The platform was intended ...

As inflation causes consumers to trade down and spend less, the notion of merchants adding a surcharge to credit card transactions is controversial and can be a deal breaker unless ...

When it comes to grocery payments, shoppers are stuck in the past, compared to their retail, restaurant and travel payments. For PYMNTS’ recent study “How Consumers Perceive Surcharge Prompts,” created in ...

In a time marked by sudden change and economic concern, each dollar counts for local businesses. Credit card surcharges are a prevalent cost-mitigation strategy that restaurants and retail stores use ...

Reports that mergers and acquisitions (M&A) fell 20% in the first half of 2022 compared to last year show how fast action can cool off, but it’s a slightly different ...

We all thought (or at least hoped) that 2022 would be a very different kind of year, but we’re leaping from one crisis to the next with no relief in ...

While United States consumers can choose from a variety of payment alternatives when buying goods and services, PYMNTS’ research found that the average U.S. consumer used fewer than four payment ...

Credit card surcharges are permissible in most states and are useful to merchants for what those fees cover, but many consumers dislike these charges even though most will pay them. As ...

A little knowledge can go a long way. This might be sage advice to the growing number of merchants levying surcharges on credit card transactions to help cover card processing ...

With each passing day embedded payments is becoming a bigger part of the payments ecosystem, and it takes an army of different companies to make that happen at scale. Much of ...

Nineteen percent of consumers have been asked to pay a surcharge but decided to use another payment method instead. “Credit Card Surcharges,” a PYMNTS and Payroc collaboration, found that cash ...

A source of controversy over the years, credit card surcharges are accepted as fair — and fairly set — by law, and by a surprising percentage of consumers as well. ...

Legal obstacles to surcharges on credit card transactions have been dropping for much of the past decade as courts continue to rule that the surcharges are permissible. This is good ...

Global payments company Payroc WorldAccess has acquired Worldnet, which provides payment solutions for independent software vendors (ISVs). Payroc announced the purchase in a news release Friday (April 22), saying that incorporating ...

The economy, it seems, has turned on a dime in just a few weeks. We’re facing the triple threat of inflation, rising interest rates, and the pressures on consumers grappling with ...

A key consideration for merchants considering whether to implement credit card surcharges is the impact of such a fee on credit card users. Having to pay a credit card surcharge has ...

Credit card surcharges are everywhere, and consumers know it. PYMNTS research has found that cardholders’ overall awareness of merchant surcharges is high, with 84% of cardholders reporting they know merchants can ...

An average of 9% of cardholders were asked to pay a surcharge of their most recent credit card purchase at restaurants or retail stores, according to Credit Card Surcharges, a ...

The stresses of the pandemic have stretched merchants and consumers to their limits. In addition, as inflation has spread throughout the economy, credit card processing fees are adding to merchants’ ...

Payments company Payroc is rolling out a new choice offering for a card-not-present environment, allowing businesses to accept all card and ACH payment types at no cost. According to a Monday ...

Global payments company Payroc has acquired East Commerce Solutions, a merchant service handling $2 billion dollars in annual processing volume, according to a Friday (Jan. 14) press release. “East Commerce Solutions ...

Cross-border transactions continue to gain traction around the world, with a staggering $156 trillion expected to cross international borders annually by 2022, according to a PYMNTS report. In Europe, for example, ...

Global payment company Payroc World Access will be expanding to Puerto Rico through a partnership with electronic pay processing company Dynamic Solutions, the companies announced Monday (Nov. 29). The combination will ...

As consumers learn more about the costs of accepting credit cards, they’re getting more comfortable with the practice of paying surcharges for the sake of convenience — as well as ...

Global payment processing and merchant acquirer organization Payroc has announced a partnership with software platform Zuza to create a white-label version of its point-of-sale (POS) software called BloomPOS for the ...

International eCommerce is coming into its own. A recent report showed that it grew 30 percent from February 2020 to March 2021. As eCommerce becomes even more firmly entrenched in ...

The global payment processing and merchant acquirer organization Payroc WorldAccess announced on Friday (April 2) that it has acquired Retriever Merchant Solutions, one of the largest independent sales organizations of ...

Digitization isn’t just about adopting technology. It’s about streamlining the back office with a goal of modernization, integration and efficiency. That can be challenging for any single company, but when ...

Payment facilitators (PayFacs) could do with some northern exposure. In an interview with PYMNTS, Marcus Dagenais, president, Canada, at payment processor Payroc, said that expanding into Canadian markets can boost the ...

Sometimes the headlines don’t tell the whole story. In the payments and commerce space right now the top stories, at a macro level, are about corporate intrigue (GameStop and Robinhood), ...

With 45 states now allowing merchants to pass along fees of up to 4 percent for the use of credit cards, the switch to so-called “surcharging” has officially taken on ...

Payroc, with its new Payroc Health service, aims to advance healthcare payments by integrating practice management with premium payment processing in one platform, a company press release emailed to PYMNTS ...

As COVID has battered the economy and changed the way merchants do business, the time has come for them to analyze their clients and customers to see if recouping some ...

Chargezoom, which works in managing customer payments on a single dashboard, has announced a new feature to let businesses instantly surcharge credit card transactions through an integration with Payroc‘s RewardPay, ...

Global payment processor Payroc announced Wednesday (Nov. 18) in a company press release emailed to PYMNTS that it has acquired Bluestone Payments. Bluestone Payments, founded by Linda Rossetti and launched in ...

A settlement some 10 years ago between card networks and merchants over swipe fees technically granted merchants the right to surcharge consumers who pay with credit, as a means of ...

Merchant acquirer Payroc announced that RewardPay, its signature payment processing product, is growing its processing features. RewardPay Choice comes with each of RewardPay’s benefits, along with the capacity to select the ...

Payroc announced that it has merged with Payscape, NXGEN and BluePay Canada to create a combined enterprise with increased capabilities, Payroc said in a press release on Sunday (Oct. 27).  The operation ...

Payroc, a merchant services and payment processing organization, announced on Monday (Oct. 10) that it has acquired the assets of payment gateway and merchant account provider The iTransact Group. The transaction ...