Payroc

What Payroc does

Payroc is a global payment processing company headquartered in Tinley Park, Illinois, founded in 2003 and operating under the legal entity Payroc WorldAccess, LLC. The company runs a unified omnichannel payments platform that processes more than $125 billion in annual volume across approximately 190,000 merchants and 789 million transactions, supporting card-present, card-not-present, mobile, ecommerce, and unattended payment channels across 50+ regions, 100+ currencies, and 36+ local payment methods. Core technology components include the Payroc Gateway, Virtual Terminal, Payroc Cloud-based POS integration, ACHeck21 (acquired 2021), Beanstalk debit routing (acquired 2021), and the BlueSnap API-first orchestration platform (acquired October 2025). The company also offers developer-facing tooling via Integration Essentials and a unified developer portal covering Payments, Boarding, Funding, and Reporting APIs.

Payroc serves four primary customer segments: ISVs/SaaS providers seeking embedded payments, sales/referral partners and ISOs seeking residual income, financial institutions (banks and credit unions) seeking merchant services programs, and merchants across verticals including retail, hospitality, healthcare, unattended retail, and public sector. Go-to-market operates through three motions: API-first embedded payments for ISVs, partner sales through referral partners and ISOs, and enterprise field sales targeting financial institutions. The company operates as an ISO of Fifth Third Bank, PNC, Wells Fargo, Deutsche Bank, and KeyBank.

Payroc generates revenue predominantly through transaction fees on payment processing, supplemented by gateway/technology subscription fees and a growing embedded financial services revenue stream through its NewtekOne strategic alliance (banking, lending, payroll, insurance). Pricing is quote-based and not publicly disclosed. The business is private equity-backed by Parthenon Capital, which has supported a roll-up acquisition strategy with ten disclosed acquisitions since 2021, including the $438 million i3 Verticals merchant services business (September 2024) and BlueSnap (October 2025). The company employs over 1,300 people across operations in the U.S., Canada, Puerto Rico, the United Kingdom, Northern Ireland, Ireland, and Israel, with leadership under CEO James Oberman.

Name

Payroc

Legal name

Payroc WorldAccess, LLC

Website

https://Payroc.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Payroc is a global payment processing company that operates a unified omnichannel payments platform, processing over $125 billion in annual volume across 190,000 merchants and serving ISVs, referral partners, financial institutions, and merchants across retail, healthcare, and unattended verticals.

Ownership category

akta.pro rank

Product category

Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

akta.pro secondary industries

Payment Orchestration Platforms (FSAGABAA), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF)

Keywords

• Payment processing
• Merchant services
• Embedded payments
• Payment orchestration
• Payment gateway

Headquarters

HQ city

Tinley Park

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Payment Processing and Transaction Fees: Payroc generates revenue primarily through transaction fees charged on payment processing across card-present, card-not-present, ecommerce, mobile, and unattended payment channels
2. Gateway and Technology Services: Revenue from providing gateway infrastructure, API access, and cloud-based payment solutions to ISVs and software platforms
3. Embedded Financial Services: Revenue opportunity through partnership with NewtekOne to offer banking, lending (loans from $5,000 to $15 million), depository solutions, payroll, and insurance products to merchant base

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Payroc is a global payment processing company that provides unified omnichannel payment processing solutions across card-present, card-not-present, mobile, ecommerce, and unattended payment channels. The platform serves merchants, ISVs/SaaS providers, referral partners, and financial institutions through a proprietary gateway, unified APIs, cloud-based POS integration, ACH processing, and global payment orchestration capabilities covering 50+ regions, 100+ currencies, and 36+ local payment methods.

Product overview

Payroc is a unified payments platform built for partners, offering a comprehensive portfolio of payment processing solutions across card-present, card-not-present, and omnichannel environments. The platform architecture combines a core gateway and payment processing engine with modular add-ons including ACH/check services (ACHeck21), invoicing and billing automation, pricing optimization programs, and field service management (Roc Services). For developers and ISVs, Payroc provides API-based integration tools including Integration Essentials and a unified developer portal, while the acquired BlueSnap platform adds enterprise-grade global payment orchestration supporting 50+ regions and 100+ currencies. The product ecosystem spans merchant-facing solutions (terminals, virtual terminal, payment links, mobile apps), partner-focused tools (sales portals, boarding APIs), and financial institution services, all designed for seamless integration with existing software platforms.

Differentiator

Problem solved

Functional benefit

Brands

• Payroc Gateway: Payment gateway for secure processing across multiple platforms
• Payroc Cloud
• Payroc Mobile
• Roc Services
• Roc Terminal+
• Bodega Ai
• BlueSnap
• Worldnet
• ACheck21
• CenterEdge Play
• Integration Essentials

Products and services

• Payroc Gateway Secure payment gateway processing transactions globally across all payment channels and methods. Core product for merchants and ISVs offering secure transaction processing.
• Virtual Terminal Browser-based virtual terminal for completing transactions without physical card present, enabling phone/MOTO payments for merchants processing card-not-present transactions.
• ACH (ACheck21) Bank transfer payment acceptance through ACHeck21 technology for ACH, check capture, and verification services. Enables eCheck payments for merchants and software vendors.
• Payroc Cloud Cloud-based POS device integration platform allowing merchants to connect payment terminals via cloud infrastructure. Enables terminal connectivity via the cloud for card-present and unattended environments.
• Payment Links Shareable payment links enabling merchants to collect payments remotely via email, text, or social media. Provides remote payment collection capability for merchants.
• Global Payment Orchestration Enterprise-grade payment optimization platform enabling merchants to transact across 50+ regions with local acquiring, 100+ currencies, and 36+ local payment methods. Or.h ```
• Invoicing and Billing Automated accounts receivable workflow including invoicing, payment reminders, and collections management. Provides AR automation for merchants and software platforms.
• Payroc Developer Portal / APIs Developer portal providing unified API access for Payments API (transaction processing), Boarding API (merchant onboarding), Funding API (deposit and payout management), and Reporting API (real-time payment data access). Enables software platforms to embed payments.
• Integration Essentials Prebuilt integration toolkit with hosted payment pages, embedded fields, and payment links enabling faster payment embedding for software platforms. Reduces development complexity for ISVs seeking to embed payment capabilities.
• BlueSnap API-first global payment orchestration and AR automation platform acquired by Payroc, supporting 47+ countries, 100+ currencies, and 36+ local payment methods with embedded invoicing and subscription billing capabilities.
• Tap to Pay on iPhone NFC-based contactless payment functionality allowing merchants to accept credit/debit cards, Apple Pay, and digital wallets using iPhone without additional hardware. Available through Payroc Mobile iOS app for U.S. merchants.
• CenterEdge Play Cashless management and payment solution for family entertainment centers, combining CenterEdge's management tools with KioSoft's cashless payment technology powered by Payroc payment processing.
• Roc Services Field service management platform combining job scheduling, invoicing, and payment collection for service businesses. Provides integrated business management for service-based merchants.
• Roc Terminal+ Mobile business management application enabling merchants to run their business from anywhere with payment processing capabilities. Provides mobile POS and business management functionality.
• Bodega Ai AI-powered retail management solution designed to simplify operations for independent retail businesses. Provides intelligent retail management capabilities.
• Payment Terminals Selection of payment terminal hardware devices from top manufacturers, precertified for Payroc's platform integration. Provides hardware payment acceptance solutions for merchants.
• Pricing Programs Cost reduction programs including surcharge options to help merchants lower payment processing expenses. Provides pricing optimization including RewardPay Choice compliant surcharge program.
• Roc Giving Donation collection and campaign management solution for nonprofits and organizations accepting charitable contributions. Provides specialized payment solution for the nonprofit sector.

Quantifiable outcome

• 789M+ annual transactions processed
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature9 records

Partnerships

16 partnerships are on record, tiered core and strategic.

• NewtekOnecoreStrategic or Co-development Partner · 3 June 2026Strategic alliance to embed banking, lending, and insurance solutions directly into Payroc's platform serving 190,000 SMBs. NewtekOne provides loans from $5,000 to $15 million with 10 to 25-year amortization, high-yield business accounts, and real-time payroll through FedNow and RTP networks. Positions Payroc as comprehensive financial hub with access to projected $7.2 trillion embedded finance market by 2030.
• Webster First Federal Credit UnioncoreChannel Partner/ Reseller/ Distributor · 1 June 2026Partnership to deliver next-generation payment processing solutions to businesses in Massachusetts. Collaboration aims to help merchants operate more efficiently and grow using innovative, reliable payment services.
• Jeanne D'Arc Credit UnioncoreChannel Partner/ Reseller/ Distributor · 6 April 2026Partnership to provide comprehensive payment processing solutions to credit union's business clients in Greater Lowell and Southern New Hampshire area. Services include point-of-sale systems, online payments, electronic invoicing, fraud management, and same-day funding.
• PAX TechnologystrategicTechnology or Integration · 20 November 2025Strategic collaboration to accelerate payment solution deployment for Independent Software Vendors (ISVs) across various environments. Partnership emphasizes innovation, flexibility, and scalability to support ISV growth.
• CenterEdge SoftwarestrategicStrategic or Co-development Partner · 17 November 2025Collaboration to launch CenterEdge Play, a cashless management and payment solution for family entertainment centers. Combines CenterEdge's management tools with KioSoft's cashless payment technology, powered by Payroc, debuting at IAAPA Expo in Orlando.
• KioSoftstrategicTechnology or Integration · 17 November 2025Cashless payment technology provider in CenterEdge Play collaboration for family entertainment centers, powered by Payroc payment processing.
• BlueSnap (Acquired)coreTechnology or Integration · 9 October 2025Acquisition completed October 2025 to enhance global payments capabilities. BlueSnap's API-first orchestration platform integrated into Payroc's acquiring network for cross-border CNP acceptance, embedded invoicing, and AR automation. Combined entity operates across 50 regions with $125B+ annual processing.
• Agilisa Technologies (Acquired)strategicTechnology or Integration · 13 August 2025Acquisition of payment gateway services provider based in Dominican Republic to expand presence in Latin America and the Caribbean, enhancing cross-border capabilities.
• Biller GeniestrategicTechnology or Integration · 14 January 2025Partnership to launch automated accounts receivable solution for QuickBooks merchants in the U.S. Integration provides automated invoicing, payment reminders, and collections, reducing manual data entry and lowering processing fees through Payroc's RewardPay Choice compliant surcharge program.
• i3 Verticals (Acquisition)coreTechnology or Integration · 23 September 2024Completed acquisition of i3 Verticals' merchant services business for approximately $438 million. Combined entity processes over $115 billion in annual volume across approximately 190,000 merchants in U.S., Canada, Caribbean, U.K., and EU.
• Atlantic Merchant Services (Acquired)strategicChannel Partner/ Reseller/ Distributor · 10 May 2023Acquisition of merchant processing company based in Raleigh, North Carolina providing payment solutions across mid-Atlantic region and beyond, serving over 151,000 merchants processing more than $80 billion annually.
• Worldnet (Acquired)strategicTechnology or Integration · 21 April 2022Acquisition of omnichannel payment solutions provider for independent software vendors to enhance capabilities in ISV and embedded payments sector and expand global infrastructure.
• East Commerce Solutions (Acquired)strategicChannel Partner/ Reseller/ Distributor · 14 January 2022Acquisition of merchant service with $2 billion in annual processing volume to expand product offerings and international reach throughout the United States.
• SnapCheck (Acquired)strategicTechnology or Integration · 2 December 2021Acquisition of payments modernization platform to combine SnapCheck's digital checking platform with Payroc's ACHeck21 Fintech Cloud solution for digital payments innovation.
• DCS Holdings Group / ACHeck21 (Acquired)strategicTechnology or Integration · 16 July 2021Acquisition of technology provider for ACH, check capture, and verification services to develop combined card and eCheck payments platform across integrated partnerships. ACHeck21 founded in 2011 by Sam Ackley, based in Missouri.
• Beanstalk Payment Technologies (Acquired)strategicTechnology or Integration · 28 June 2021Acquisition of fintech company specializing in routing solutions for debit card transactions to enhance cost-saving capabilities and transaction processing efficiency for merchants and software vendors.

Scale indicators10 records

Recent moves7 records

Expansion highlights8 records

Market position

Strengths4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_payroc
• LinkedInlinkedin.com/company/payroc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries10 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A23 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Payroc