Key Data

• Trading Name: Payroc
• Legal Entity: Payroc LLC 
• Activities: Multi-national payments platform
• Location: USA
• Regulations: regulated ISO

Payroc is a high-growth, multi-national payments platform, merchant acquirer, and processing powerhouse processing over $80 billion in annual volume for more than 151,000 merchants.

Offering

Payroc is a merchant account provider that offers payment processing solutions for merchants of all sizes and types. The company resells the products and services of First Data (now Fiserv) , Vantiv, TSYS, and Chase Merchant Services (formerly Chase Paymentech).

Payroc processes all major debit and credit cards for most business types.

Their services include:

• EMV Card readers and swipers
• POS solutions
• Online Payments
• Mobile Payments
• e-commerce solutions including virtual terminals and the Payroc Integrated Payment Platform payment gateway
• API integration, the ConsumerChoice processing program
• CashRewards cash discounting, risk monitoring/management, and same-day funding.

Regulation

• Payroc is authorized by Fifth Third Bank, N.A. in Cincinnati, OH, Peoples Trust Company in Vancouver, Canada, and Wells Fargo Bank, N.A. in Concord, CA, as well as Wells Fargo Bank, N.A. in Toronto, ON, Canada.
• We are also recognized as a registered Encryption Support Organization (ESO), Payment Facilitator (PF), Third-Party Servicer (TPSV), Merchant Service Provider (MSP), and Third Party Agent (TPA) by Fifth Third Bank, N.A.
• Furthermore, Payroc is proud to be an Elavon Payments Partner and Registered Partner/ISO of Elavon, Inc. in Georgia.

Additionally, Select Merchant Services, Inc. holds registration as an ISO/MSP for Woodforest National Bank in The Woodlands, Texas.

People

• James Oberman, CEO
• Dante Matias, Vice President of Operations
• Alex McCandless, Sr. Vice President of Marketing

Costumer Review

Better Business Bureau: 2,9 Stars with an “A+” rating with the Better Business Bureau and has been BBB-accredited since February 2016.

Trustpilot: 2,9 Stars with 2 Reviews

Conclusion

We could not find anything negative about Payroc and their key people and all necessary information is given.
As the provider fulfills all the necessary criteria, we rate it GREEN.