TRNXN Company

What TRNXN Company does

TRNXN Company is a brand of Hadfield Group LLC, a privately held ISO of Wells Fargo Bank, N.A., that provides payment processing, point-of-sale (POS) systems, and integrated business software to small and medium-sized businesses in the United States, with restaurants, retail, and hospitality as its primary verticals. Founded in 2018-2019 by CEO Paul Hadfield and headquartered in Newport Beach, California, the company operates with a 1-10 person team and is bootstrapped (no external funding rounds disclosed). Its named end customers are all individual SMBs (e.g., Royal Hawaiian, Eat At Joe's, My Place Sports Bar, O'Connells, Cambalache), and the business has been recognized through the ETA Forty Under Forty award, Forbes Finance Council membership, and an exclusive partnership with the Orange County Restaurant Association.

The company's technology stack is built primarily on Clover's cloud-based Android POS platform, which is active on 1M+ payment terminals worldwide, with the Revel Systems iOS-based POS added in March 2020 to broaden merchant reach. Core proprietary components include the Cash Discount App, a Clover-exclusive subscription ($9.95/month per merchant ID) that automates dual-pricing to offset up to 100% of credit card processing fees, and a Level 1 PCI-DSS certified processing environment with end-to-end encryption, tokenization, and EMV compliance. The platform integrates with 300+ approved application partners including QuickBooks, Xero, Gusto, and Homebase for scheduling, payroll, accounting, and inventory.

TRNXN monetizes through a blended model: (1) transaction-based payment processing fees on every merchant's volume, with options for flat bundled rates or a cash-discount program; (2) recurring software subscriptions starting at $9.95/month; (3) hardware sales with 0% financing and lifetime warranty; and (4) professional services for installation, training, and configuration. Go-to-market combines an in-house direct sales team focused on mid-market SMBs, an ISO/agent/VAR partner program with white-glove enablement, and self-service distribution through the Clover App Market. The company also runs the TRNXN Academy content platform for top-of-funnel education.

Name

TRNXN Company

Legal name

Hadfield Group LLC

Website

https://trnxn.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

TRNXN Company, a brand of Hadfield Group LLC, provides Clover and Revel-based point-of-sale systems, payment processing, and integrated business software (payroll, scheduling, accounting) to small and medium-sized restaurants, retailers, and hospitality businesses across the United States.

Ownership category

akta.pro rank

Product category

Payment Processing and Point-of-Sale Services

NAICS

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

SIC

Computer Terminals (3575), Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD)

akta.pro secondary industries

POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC), POS Hardware Leasing, Financing & Rental (FSAMADAI)

Keywords

• Payment processing
• Point of sale systems
• Merchant services
• Cash discount software
• Restaurant POS solutions

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Payment Processing: Transaction-based payment processing fees with two options: flat bundled rates with no markups, or cash discount program that can offset up to 100% of credit card processing fees through a dual pricing model.
2. Software Subscriptions: Monthly software subscription at $9.95 per month per merchant ID, including access to all features, future updates, and white-glove support. Available through Clover App Market.
3. Hardware Sales and Financing: Point-of-sale hardware sales with 0% financing options available, including installation, training, account configuration, customization, and lifetime hardware warranty.
4. Professional Services: On-site installation, configuration, training, and ongoing support services bundled with hardware and software solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

TRNXN Company designs, implements, and supports payment processing and point-of-sale solutions for small and medium-sized businesses in the restaurant, retail, and hospitality sectors. Core offerings combine credit card processing on the Clover platform, customizable POS hardware with 0% financing, and a proprietary Cash Discount App that automates dual-pricing to offset processing fees, all bundled with white-glove installation, training, and 24/7 support.

Product overview

TRNXN Company offers a modular commerce platform built primarily on Clover POS technology, providing three core service categories: Payment Processing (credit card processing, EMV/chip card acceptance, fraud prevention), Point of Sale Systems (cloud-based POS with hardware), and Software Solutions (reporting analytics, bookkeeping, tax advisory, invoicing, HR/payroll, website design). Products are delivered as standalone services or integrated combinations, with add-on modules like the Cash Discount App and Revel Systems iOS platform extending functionality. The architecture connects front-of-house transactions with back-office operations including payroll, accounting, and inventory management through third-party integrations.

Differentiator

Problem solved

Functional benefit

Brands

• TRNXN Academy: Education platform providing business leadership education, industry news, and company updates.
• Cash Discount App

Products and services

• Payment Processing Payment card processing service enabling businesses to accept debit cards, credit cards, EMV/chip cards, checks, and cash with next-day funding, Level 1 PCI-DSS compliance, fraud prevention, and chargeback dispute and resolution services. Sold under a flat bundled rate with no markups or via the Cash Discount / dual-pricing program.
• Point of Sale (POS) Systems Custom cloud-based point-of-sale solutions connecting every moving part of business operations, including hardware installation, application integrations, real-time reporting, and dedicated account management for restaurants and retailers.
• Hardware Solutions Point-of-sale hardware including station, mobile, mini, and flex devices with 0% financing options, lifetime hardware warranty, installation, and training.
• Cash Discount App Proprietary software application that automates cash discounting on Clover POS systems by raising inventory prices by up to 4.00% and discounting charges for cash-paying customers, offered as a $9.95 per month per merchant ID subscription through the Clover App Market.
• Reporting and Analytics Real-time analytics dashboard providing insights into revenue, sales trends, top-selling items, labor expenses, refund and discount volume, and customer behavior across multiple locations.
• HR and Payroll Management Integrated human resources, payroll, and benefits management with automatic filing, employee self-enrollment, offer letter processing, and direct POS integration for employee scheduling and time tracking.
• Invoicing and Billing Automated invoicing and billing solution with a virtual terminal for phone orders, secure payment link generation, customer invoicing with brand customization, and membership programs with custom billing cycles.
• Bookkeeping and Tax Advisory All-in-one financial toolkit providing monthly financial statements, expense overviews, year-end tax filing packages, and expert tax preparation and filing services.
• Website Design SEO-friendly website design services with brand-enhancing design, visitor analytics, menu management, blog post editing, and photo management capabilities.

Quantifiable outcome

• Can offset up to 100% of credit card processing fees with Cash Discount Program
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, flagship, strategic and minor.

• HomebasecoreTechnology or Integration · 11 March 2020Scheduling and timeclock integration partner. Homebase launched the Homebase & Clover Advisory Board to bring together top sales and support partners. Homebase serves more than 100,000 businesses across the US with cloud-based time clock, timesheets, and scheduling tools.
• Revel SystemsflagshipTechnology or Integration · 3 March 2020Strategic partnership announced in March 2020 to accommodate customers with Revel's outstanding point-of-sale technology. Revel is described as one of the most robust POS and business management platforms for streamlining restaurant operations.
• Clover (Fiserv)coreTechnology or IntegrationPrimary POS platform partner. TRNXN Company designs, implements and supports custom point-of-sale solutions using Clover's cloud-based Android POS platform. Clover's platform is active on more than 1 million payment terminals worldwide.
• PCI Security Standards CouncilstrategicOthersParticipating Member of the PCI Security Standards Council, an open global forum responsible for ongoing enhancement and implementation of security standards for payment cardholder data.
• QuickBooks and XerocoreTechnology or IntegrationAccounting software integrations available through the platform, allowing businesses to download sales data and integrate with popular accounting applications.
• GustocoreTechnology or IntegrationPayroll integration partner that connects with TRNXN's POS system, allowing businesses to sync employee data and automate payroll processes.
• ElectranminorOthersElectran is listed as a partner/logo on the TRNXN website, suggesting a technology or industry partnership relationship.
• Electronic Transaction Association (ETA)strategicOthersHadfield Group is a member of the Electronic Transaction Association, the leading association for the payments industry.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Toast: Toast is a cloud-based POS + payments platform purpose-built for restaurants, the same core vertical as TRNXN. Both bundle payments processing, hardware, and software for SMB and mid-market restaurants in the U.S.
• SpotOn: SpotOn provides integrated POS, payments, and software for restaurants and small businesses, with a sales-led, white-glove model that closely parallels TRNXN's go-to-market approach.
• Heartland Payment Systems (Global Payments): Heartland is a large ISO-style payment processor serving SMBs in restaurants and retail with bundled POS, payments, and payroll — overlapping directly with TRNXN's integrated commerce offering.
• Stax (Fattmerchant): Stax is a subscription-based payment processor targeting SMBs with transparent pricing and integrated software — the same SMB-payments segment and value proposition (transparent, no hidden fees) as TRNXN.
• Helcim: Helcim is a payments processor focused on SMBs with transparent, interchange-plus pricing and integrated POS tools — closely matching TRNXN's pricing and SMB-segment strategy.

Broad incumbents

• Square (Block): Square offers integrated POS, hardware, and payment processing for SMBs across retail, food, and services, competing with TRNXN for the same merchant base but with a much broader product portfolio and balance sheet.
• Clover (Fiserv): Clover is both TRNXN's primary platform partner and a direct competitor; Fiserv markets Clover's integrated POS + payments to SMBs nationwide through bank channels, often overlapping with TRNXN's ISO distribution.
• Lightspeed Commerce: Lightspeed provides cloud POS and payments for retail and restaurant SMBs with integrated eCommerce and analytics, competing with TRNXN in the same verticals with a more global footprint.
• Stripe Terminal: Stripe Terminal is a developer-friendly POS hardware and integrated payments product targeting SaaS platforms and SMBs, competing with TRNXN's integrated payments + hardware pitch to vertical software and merchants.
• PayPal Zettle: Zettle (PayPal) is an SMB-focused integrated POS hardware and payments offering with transparent flat-rate pricing — directly comparable to TRNXN's bundled payments + hardware + software model for small merchants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TRNXNCompany
• Facebookfacebook.com/trnxncompany

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about TRNXN Company