According to the press release, Payroc is backed by private equity firm Parthenon Capital who assisted Payroc in completing this acquisition.
Payroc is a international merchant acquirer, payment facilitator, and processing powerhouse operating in 46 countries, and processing over USD 29 billion in annualised volume for more than 66,000 merchants. The company offers sales enablement and merchant processing technology, delivering proprietary, full-service merchant acquiring solutions together with key card brand network payment sponsorship registrations.
Payroc is a registered VISA third-party processor, Mastercard third-party servicer, payment facilitator, and encryption support organisation for Fifth Third Bank.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright