Payroc launches PayByCloud

Wednesday 17 January 2024 14:47 CET | News

Payment processing platform Payroc has announced the launch of PayByCloud, a low-code semi-integrated solution for ISVs that simplifies omnichannel payment integrations.

PayByCloud establishes a cloud-based connection between Payroc’s application hosted on a payment device and the Payroc gateway, which enables the company’s partners to facilitate transactions more efficiently and time-effectively. Considering that independent software vendors (ISVs) undergo the extensive and complex task of including payments into their ecosystems, which involves development and device testing, PayByCloud aims to remove the need for investments in software integration.

Payment processing platform Payroc has announced the launch of PayByCloud, a low-code semi-integrated solution for ISVs that simplifies omnichannel payment integrations.

PayByCloud’s capabilities and objectives

The addition of PayByCloud focuses on improving the payment side of Payroc’s platform and, merged with the company’s boarding, funding, and reporting functionalities, allows ISVs to monetise payments within their platforms, supporting accelerated business growth. According to Payroc’s officials, PayByCloud aims to assist integrated payments by simplifying processing. Due to its low-code semi-integrated approach and cloud-based connection, the solution eliminates the complexities of traditional implementations. Moreover, the launch of PayByCloud supports Payroc’s commitment to providing innovative solutions and tools in a dynamic market.

As of the announcement, Payroc partners can leverage the cloud-based solution nationwide in the US and Canada, assisting a range of devices, including the recently launched Ingenico AXIUM line and the PAX A80 . Furthermore, ISVs operating internationally in the UK can use PayByCloud for simplified payment processing. Also, existing ISV partners are set to receive expanded hardware options for their card-present payment environments. ISVs can add new or upgraded devices to their business landscapes without being required to reintegrate as additional devices are made compatible with PayByCloud.

As per the information detailed in the press release, the launch comes as an addition to Payroc’s technology development and solidifies the company’s mission to provide improved solutions. Payroc intends to enable its ISV partners to adapt to evolving customer demands and needs and assist them in achieving their expansion objectives.

More information about Payroc

As a multi-national payments platform, merchant acquirer, and processor, Payroc currently works with 151,000 merchants. With its operations started in 2003, the company provides sales enablement and merchant processing technology, enabling unified commerce that supports businesses in growing by delivering proprietary and full-service solutions.

In addition to the launch of PayByCloud, Payroc also extended its partnership  with Ingenico to introduce the AXIUM smart payment terminal line in October 2023. The collaboration combined Ingenico’s Android-based AXIUM technology with Payroc’s processing platform to offer an enhanced and more convenient experience to their partners and merchants.

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Keywords: product launch, omnichannel payments solution, payment processing, cloud payments, cloud services
Categories: Payments & Commerce
Companies: Payroc
Countries: Canada, United Kingdom, United States
This article is part of category

Payments & Commerce


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