Payroc news and trends

Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business

September 23, 2024
Payroc
Payroc Enhances Offerings in Canada With SterlingCard Payment Solutions Acquisition
Acquisitions // February 06, 2024

Global payments firm Payroc WorldAccess has acquired Canadian firm SterlingCard Payment Solutions. This acquisition enhances Payroc’s offerings in the Canadian market by adding Sterling’s card-present solution to its existing enterprise card-not-present and ACH/PAD capabilities, the companies said in a Tuesday (Feb. 6) press release. “We...

Payroc Launches Cloud-Based Payment Solution for Independent Software Vendors
Payments Innovation // January 16, 2024

Payroc has introduced a PayByCloud solution aimed at simplifying omnichannel payment integrations for independent software vendors (ISVs). This cloud-based solution eliminates the need for ISVs to invest heavily in payments integration, streamlining the process and reducing time and effort, the payments company said in a Tuesday...

Unattended Payments Surge as Most U.S. Consumers Favor Self-Service Kiosks Over Staffed Checkouts
Unattended Retail // January 10, 2024

The unattended market, accounting for over $31 billion in the United States alone, is transforming the convenience commerce landscape and revolutionizing payment experiences in various settings such as offices, hotels, and universities. This trend has gained stronger momentum due to stringent health measures enacted during...

Payroc and Ingenico Unveil Unattended Payment Device for Self-Service Market
Unattended Retail // August 31, 2023

Global payments company Payroc has partnered with Ingenico, a point-of-sale payment service provider, to introduce the Ingenico Self/3000, an unattended payment device aimed at meeting growing demand in the self-service market. The Self/3000 is specifically designed for self-service settings and can be integrated into various businesses operating in vending, car...

Interviews & Exclusives
Data Brief: 42% of Customers Use Debit to Pay for Groceries vs 6% Digital Wallet Use

August 25, 2022
When it comes to grocery payments, shoppers are stuck in the past, compared to their retail, restaurant and travel payments. For PYMNTS’ recent study “How Consumers Perceive Surcharge Prompts,” created in collaboration with Payroc, we surveyed 2,879 U.S. credit card users in March to learn more about their payment habits, preferences and attitudes. The study’s […]

M&A in Payments Sector Down but Not Out

July 25, 2022
Reports that mergers and acquisitions (M&A) fell 20% in the first half of 2022 compared to last year show how fast action can cool off, but it’s a slightly different...

Inflation Isn’t Hurting the Payments Sector — Yet — Says Payroc CEO

July 19, 2022
We all thought (or at least hoped) that 2022 would be a very different kind of year, but we’re leaping from one crisis to the next with no relief in...

One in Five US Consumers Use 7 Different Payment Methods in Stores, Restaurants

June 20, 2022
While United States consumers can choose from a variety of payment alternatives when buying goods and services, PYMNTS’ research found that the average U.S. consumer used fewer than four payment...

Quick Reads
Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business

September 23, 2024
Payment platform Payroc has completed its previously announced acquisition of the merchant services business of i3 Verticals. With this acquisition, which was announced in June, Payroc will provide payment solutions to a broader range of partners and merchants, the company said in a Monday (Sept. 23) press release. “i3’s merchant services business is an ideal fit for Payroc, […]

Payroc Enhances Offerings in Canada With SterlingCard Payment Solutions Acquisition

February 06, 2024
Global payments firm Payroc WorldAccess has acquired Canadian firm SterlingCard Payment Solutions. This acquisition enhances Payroc’s offerings in the Canadian market by adding Sterling’s card-present solution to its existing enterprise...

Payroc Launches Cloud-Based Payment Solution for Independent Software Vendors

January 16, 2024
Payroc has introduced a PayByCloud solution aimed at simplifying omnichannel payment integrations for independent software vendors (ISVs). This cloud-based solution eliminates the need for ISVs to invest heavily in payments integration,...

Payroc and Ingenico Unveil Unattended Payment Device for Self-Service Market

August 31, 2023
Global payments company Payroc has partnered with Ingenico, a point-of-sale payment service provider, to introduce the Ingenico Self/3000, an unattended payment device aimed at meeting growing demand in the self-service market. The Self/3000 is specifically...