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NewProduct
parameters facilitate customer management, subscription
management and metadata storage capabilities, according
to Payroc. "We wanted to create a development portal
that even a junior developer can easily use and navigate,"
Poulson stated.
Company: Payroc LLC Value-added, value-driven
Product: iTransact Gateway Poulson said Payroc's relationships with merchants and
Website: www.payroc.com partners reflect its five core values of pricing clarity,
Contact: info@payroc.com exceptional service, trusted advice, personal relationships
and integrity in the following ways:
Geared for stable, • Commitment to merchants: Payroc sales agents
and relationship managers are Certified Payments
Professionals (CPPs), to provide merchants with
integrated ecommerce secure, appropriate, EMV-enabled solutions and
transparent, interchange-plus pricing.
and payfacs "We are committed to providing pricing clarity to
make sure you have a proper understanding of all
payment processing costs," company representatives
stated. "Interchange plus pricing clearly shows the
ayroc LLC added the iTransact payment gate- actual costs of card issuer interchange and card
way to its technology suite, expanding its line brand assessments and fees, which represents the
of integrated, ecommerce gateway and mobile major portion of your card acceptance fees."
P POS solutions for micro, small and midsize mer-
chants. Payroc acquired the assets of iTransact Group LLC Additional interchange management features enable
in 2016, and stated the two enterprises share a commitment business owners to maintain the lowest possible costs,
to exceptional service, technology and transparency. The Payroc noted, adding that its merchant statements are
iTransact gateway will power Payroc's payment facilitator easy to understand because they do not have complex
program, company representatives said. fee structures or hidden charges.
• Commitment to partners: The company's interest in
Payroc, a registered ISO of Fifth Third Bank and Wells Fargo building fulfilling, sustainable relationships is driven
Bank N.A., said it processes nearly $3.5 billion annually on by a belief that people do business with people. This
the First Data Corp., Vantiv and Moneris platforms. James belief, combined with the company's core values,
Fahey, Sales Director at Payroc, has been with the company helps Payroc and its extended family of employees
since its inception in 2003. "In our small office, everyone and sales channel partners identify, acquire and
knew each other's clients," he recalled. "Even today, we retain more merchant accounts, the company stated.
haven't lost that touch." Jared Poulson, Chief Technology
Officer at Payroc, added, "iTransact also grew organically. In addition to fostering long-term relationships with
We began by focusing on certain verticals, customizing each of its partners and employees, Payroc invests
payfac offerings for specific companies." in each of its payment professionals as part of its
commitment to provide lifetime monthly residuals
Simple integration, API and long-term financial security. Payroc said it
provides its CPPs with personal support and a stable
Poulson noted that iTransact developed a virtual terminal foundation to help them succeed and win more
in 1994 and has been providing end-to-end merchant business.
solutions for more than 20 years. In addition to custom
gateway services, iTransact provides mPOS, ecommerce, The company's enhanced support services
standalone and integrated POS, and traditional merchant were created to ensure that each of its payment
solutions, including recurring billing, EMV (Europay, professionals achieve the highest available levels of
Mastercard and Visa), electronic check and automated payments industry education, training and support
clearing house (ACH) payment processing. to help them excel as trusted advisers of iTransact
and Payroc.
The iTransact RESTful application programming interface
(API) is compatible with most merchant accounts and "We don't want just salespeople; we want payment
designed to be easily integrated into nearly any software. professionals who establish personal relationships,"
The iTransact API uses advanced tokenization methods Poulson said. "We offer long-term career development and
to securely process payment card and ACH transactions. partnership in a relaxed and fun team environment, which
Unique API keys enable managers and developers to is why so many payment professionals refer to themselves
securely log in to the gateway control panel. Additional as Payroc 'lifers.'"
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