NXGEN

What NXGEN does

Payroc WorldAccess, LLC is a payment processing platform built primarily for channel partners rather than direct end-customers. Operating as a registered Independent Sales Organization (ISO), Payment Facilitator (PF), Third-Party Servicer (TPS), Merchant Service Provider (MSP), and Third-Party Agent (TPA) across at least eight banking sponsors (Fifth Third Bank, PNC, Wells Fargo, Citizens, Merrick, KeyBank, Woodforest, and Peoples Trust in Canada), the company sells into ISVs and SaaS platforms, independent sales organizations and agents, financial institutions seeking to offer merchant services to business clients, referral partners and associations, and end-merchants in retail, restaurant, field service, professional services, unattended/IoT, and nonprofit verticals. Across its operations in the US, Canada, the UK, and Puerto Rico, the platform processes $125B in annual volume across 789M+ transactions for 190,000+ merchant clients.

The core technology is a unified cloud-based omnichannel payments platform spanning card-present, card-not-present, unattended, mobile, and ecommerce acceptance. It comprises the Payroc Gateway (transaction processing, tokenization, fraud management), Payroc Cloud (cloud-based POS device integration layer), the Roc product family (Terminal+, Services, Giving), Bodega Ai (AI-powered independent retail), and a modular API suite covering Payments, Boarding, Funding, and Reporting. Integration Essentials, launched May 2026, provides prebuilt low-code tooling for SaaS platforms to embed payments; Global Payment Orchestration, launched April 2026, adds multi-currency cross-border capability; and an Invoicing and Billing product, also launched April 2026, extends the platform into AR automation. Multi-gateway compatibility (Payroc Gateway, IBX, Worldnet, Caledon, iTransact) plus a pre-certified POS device ecosystem reduce integration friction for ISVs and partners.

Payroc earns revenue through four primary streams: (1) transaction and interchange fees on the $125B annual volume processed, (2) sale or leasing of payment terminals and POS hardware, (3) SaaS/platform and developer API fees from ISV partners, and (4) managed-services revenue from proprietary pricing programs including surcharging and dual pricing. Go-to-market is partner-first and multi-channel: a 1,340-person global operations team supports an ISO/agent/reseller network, financial institution referral partnerships, an ISV/SaaS integration channel with dedicated partner success, a developer self-serve documentation portal (docs.payroc.com), and direct merchant sales. Pricing is quote-based and varies by merchant segment, vertical, and transaction profile, with no public rate card.

Name

NXGEN

Legal name

Payroc World Access, LLC

Website

https://us.nxgen.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Payroc WorldAccess, LLC is a partner-first payment processing platform operating as a multi-bank ISO across the US, Canada, UK, and Puerto Rico, processing $125B annually across 190,000+ merchants for ISVs, ISOs, financial institutions, and direct merchants.

Ownership category

akta.pro rank

Product category

Payment Processing

NAICS

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

akta.pro primary industry

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

akta.pro secondary industry

Card-Not-Present / eCommerce Acquirers (FSAMABAD)

Keywords

• Payment processing platform
• Merchant services
• Embedded payments API
• POS terminal solutions
• Omnichannel payment gateway

Headquarters

HQ city

WHITEFISH, Montana

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction and Interchange Fees: Payroc earns revenue through transaction fees and interchange revenue share on every payment processed through its platform. With $125B in annual volume and 789M+ annual transactions, transaction-based fees represent the primary revenue driver.
2. Payment Device and Terminal Sales/Leasing: Revenue from sale or leasing of payment terminals, POS hardware, card readers, and related equipment to merchants and partners.
3. SaaS/Platform Fees (ISV Partners): Revenue from software providers and ISVs who embed Payroc payments into their platforms, including fees for Integration Essentials, developer APIs, boarding, funding, and reporting modules.
4. Pricing Program Management: Revenue from proprietary pricing programs (surcharging, dual pricing) that help merchants reduce or offset processing costs, generating residual revenue for Payroc and its agent/partner network.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

NXGEN provides a unified, cloud-based omnichannel payment processing platform that enables partners and merchants to accept card-present, card-not-present, unattended, mobile, and ecommerce payments across in-person, on-the-go, and online environments. The platform combines a payment gateway, cloud-based POS integration, point-of-sale hardware, and a unified API suite so that ISVs, ISOs, financial institutions, and merchants can embed or resell payment services.

Product overview

Payroc operates as a full-stack payment processing platform built for partners, offering a unified technology platform that supports the full range of omnichannel payment methods. The portfolio consists of core payment processing products (Gateway, Virtual Terminal, ACH, Payroc Cloud, Payment Links), point-of-sale solutions (Roc Services, Roc Terminal+, Bodega Ai, Terminals), developer API tools (APIs, Integration Essentials, Payments API, Boarding API, Funding API, Reporting API), and value-added services (Pricing Programs, Roc Giving, Global Payment Orchestration, Invoicing and Billing). The platform is designed for ISVs/SaaS providers, financial institutions, sales partners, referral partners, and merchants across verticals including retail, restaurant, field services, EV charging, unattended/self-service, and nonprofit sectors. Payroc processes 789M+ annual transactions with $125B annual volume across 190K+ clients.

Differentiator

Problem solved

Functional benefit

Brands

• MSPWare: Portal for MSP (Managed Service Provider) operations and management
• Roc Services
• Roc Terminal+
• Roc Giving
• Bodega Ai
• Payroc Cloud
• Payroc Insights

Products and services

• Payroc Gateway Core payment gateway that processes transactions securely across all sales channels including in-person, online, mobile, and unattended environments, with tokenization and fraud management.
• Virtual Terminal Browser-based terminal that enables merchants to complete card-not-present transactions without physical card readers.
• ACH Bank transfer payment solution that allows merchants to accept direct deposits and electronic check payments.
• Payroc Cloud Cloud-based integration platform that connects POS devices without requiring on-premise hardware, supporting attended, unattended, and mobile payment experiences.
• Payment Links Shareable payment links enabling merchants to collect remote payments via email, text, or social media without a website.
• Pricing Programs Cost optimization tools that help merchants reduce payment processing fees through surcharging and dual pricing structures.
• Roc Giving Donation and fundraising platform enabling nonprofits to accept donations and run digital giving campaigns.
• Global Payment Orchestration Multi-currency and cross-border payment optimization solution enabling merchants to accept payments wherever they sell globally.
• Invoicing and Billing Accounts receivable automation solution for creating, sending, and tracking invoices with integrated payment collection.
• Roc Services Job scheduling and invoice management system for field service businesses integrated with payment processing.
• Roc Terminal+ Mobile-first POS terminal solution allowing merchants to run their business from anywhere using compatible mobile devices.
• Payment Terminals Hardware catalog offering a range of payment terminal devices from certified manufacturers for various merchant use cases.
• Bodega Ai AI-powered retail management solution designed for independent retail and bodega operations, combining inventory, sales, and payment processing.
• APIs Comprehensive API suite enabling software platforms to embed payment processing capabilities including acceptance, boarding, funding, and reporting.
• Integration Essentials Prebuilt, low-code payment integration toolkit for SaaS platforms enabling faster time-to-market for embedded payments without extensive custom development.
• Payments API REST API endpoint for accepting and processing card transactions across all channels with real-time authorization and settlement.
• Boarding API API endpoint for merchant onboarding and account creation workflows, enabling automated merchant provisioning and underwriting.
• Funding API API for managing merchant deposits and payout schedules, enabling fast funding options such as next-day funding.
• Reporting API API providing real-time access to payment transaction data, reconciliation reports, and analytics for merchants.
• Payroc Insights Partner engagement portal providing resellers and agents with merchant portfolio visibility, reporting, and commission tracking.
• Sales Portal CRM and sales management platform for the agent and ISO partner network to manage merchant applications and relationships.
• MSPWare Third-party management platform available to partners for additional merchant services management capabilities.

Quantifiable outcome

• $125B annual payment volume across 789M+ transactions processed on the platform
• +4 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

20 partnerships are on record, tiered minor and core.

• Nevada Psychological AssociationminorChannel Partner/ Reseller/ Distributor · 4 March 2021Payroc partnered with the Nevada Psychological Association to offer credit card processing services to association members, generating referral revenue for the association.
• Banterra BankminorChannel Partner/ Reseller/ Distributor · 3 March 2021Banterra Bank partnered with Payroc to offer credit card processing services to the bank's business clients and members, expanding Payroc's financial institution partner network.
• American Academy of Cosmetic SurgeryminorChannel Partner/ Reseller/ Distributor · 4 February 2021Payroc partnered with the American Academy of Cosmetic Surgery to provide credit card processing services to members, creating a referral revenue stream for the association.
• National Wild Turkey FederationminorChannel Partner/ Reseller/ Distributor · 1 February 2021Payroc partnered with the National Wild Turkey Federation to offer credit card processing services to members and business supporters, enabling digital payments for the organization's transactions.
• First Bank of Highland ParkminorChannel Partner/ Reseller/ Distributor · 14 July 2020First Bank of Highland Park partnered with Payroc to offer merchant payment processing services to the bank's business customers.
• National Pest Management AssociationminorChannel Partner/ Reseller/ Distributor · 22 June 2020The National Pest Management Association partnered with Payroc to offer credit card processing services to member companies, generating referral income for the association.
• Fifth Third Bank, N.A.coreStrategic or Co-development PartnerFifth Third Bank, N.A. (Cincinnati, OH) is Payroc's primary banking sponsor for US payment processing. Payroc is registered as an Independent Sales Organization (ISO), Payment Facilitator (PF), Third-Party Servicer (TPS), Merchant Service Provider (MSP), and Third-Party Agent (TPA) of Fifth Third Bank.
• PNC Bank, N.A.coreStrategic or Co-development PartnerPNC Bank, N.A. (Pittsburgh, PA) serves as one of Payroc's banking sponsors, enabling Payroc to offer payment processing services under PNC's banking charter.
• Wells Fargo Bank, N.A.coreStrategic or Co-development PartnerWells Fargo Bank, N.A. (Concord, CA and Canadian Branch in Toronto, ON) is a banking sponsor for Payroc's US and cross-border payment processing operations.
• Citizens Bank, N.A.coreStrategic or Co-development PartnerCitizens Bank, N.A. (Providence, RI) provides banking sponsorship for Payroc's merchant acquiring services in the US market.
• Merrick Bank CorporationcoreStrategic or Co-development PartnerMerrick Bank Corporation (South Jordan, UT) serves as a banking sponsor for Payroc's card issuing and merchant services programs.
• KeyBank, N.A.coreStrategic or Co-development PartnerKeyBank, N.A. (Cleveland, OH) is a registered banking sponsor for Payroc's payment processing services.
• Peoples Trust CompanycoreStrategic or Co-development PartnerPeoples Trust Company (Vancouver, BC, Canada) is Payroc's primary Canadian banking partner, enabling Payroc WorldAccess Inc to serve the Canadian market under Canada's Code of Conduct for Payment Card Industry.
• Woodforest National BankcoreStrategic or Co-development PartnerWoodforest National Bank (The Woodlands, TX) provides banking sponsorship for Payroc's merchant services program, expanding Payroc's multi-bank ISO network.
• iWorQcoreTechnology or IntegrationiWorQ is a field service and construction management software provider that integrated Payroc's payments platform to offer Next Day Funding and seamless payment processing to its customers. The integration enables iWorQ to provide embedded payments to its software users.
• QuickFeecoreTechnology or IntegrationQuickFee is the preferred payment portal for accounting and law firms in Australia and the US. Payroc enables QuickFee to process card payments while navigating complex card brand compliance requirements, serving as one of QuickFee's larger referring partners.
• Cantaloupe PaymentscoreTechnology or IntegrationCantaloupe Payments (micro markets and unattended retail) partners with Payroc for payment processing solutions across its unattended payment environments, leveraging Payroc's solutions, processes, and people.
• American National Bank and TrustcoreChannel Partner/ Reseller/ DistributorAmerican National Bank and Trust has partnered with Payroc for over 10 years for merchant services, referring business banking clients to Payroc for payment processing. Payroc provides gold-standard service to the bank's commercial customers.
• Blue Harbor BankcoreChannel Partner/ Reseller/ DistributorBlue Harbor Bank refers commercial banking clients to Payroc for merchant services, receiving solutions, cost savings guidance, and ongoing customer service support for referred business customers.
• KS BankcoreChannel Partner/ Reseller/ DistributorKS Bank has maintained a 15+ year partnership with Payroc for merchant services, using Payroc as its exclusive merchant provider for business customers, citing excellent customer service and responsiveness.

Scale indicators5 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Adyen: Adyen is a global omnichannel payment processor with unified commerce APIs and direct acquiring. Comparable to Payroc in targeting enterprise, ISVs, and large-volume merchants with multi-currency and cross-border capabilities.
• Stripe: Stripe is a global payment processing platform with unified APIs for online, in-person, and embedded payments. Closely comparable to Payroc's API-first, omnichannel payment processing model serving ISVs and developers.
• Heartland Payment Systems (Global Payments): Heartland is a US payment processor offering merchant services, POS, and ISO/agent programs. Comparable to Payroc in SMB-focused acquiring, ISO channel model, and bank-sponsored processing.
• Authorize.Net (Visa): Authorize.Net is a payment gateway serving SMBs and ISVs. Direct overlap with Payroc Gateway in card-not-present processing and developer/embedded payment integrations.
• Block (Square): Block's Square ecosystem provides omnichannel payment processing, POS hardware, and developer tools for SMBs and ISVs. Overlaps directly with Payroc's gateway, terminal, and embedded payments offerings.

Broad incumbents

• FIS / Worldpay: FIS/Worldpay is a top-tier global merchant acquirer and payment processor offering gateway, POS, and ISV solutions. Comparable to Payroc in omnichannel processing and financial institution partnerships.
• Global Payments: Global Payments is a leading payment processor and software provider with merchant acquiring, gateway, and ISV offerings. Highly comparable to Payroc in mid-market and ISO channel processing.
• Fiserv (Clover/First Data): Fiserv is a major incumbent payment processor and acquirer with Clover POS, merchant services, and developer APIs. Competes with Payroc in SMB acquiring, POS, and ISV enablement at a much larger scale.

Emerging players

• Stax / Fattmerchant: Stax is a subscription-based payment processor targeting ISVs and SMBs with developer-friendly APIs. Comparable emerging positioning to Payroc in serving SaaS platforms and offering transparent pricing.
• Helcim: Helcim is a growing payment processor serving SMBs across US and Canada with interchange-plus pricing and POS tools. Comparable to Payroc in multi-jurisdictional SMB acquiring and partner/ISO distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nxgen

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about NXGEN