Payroc, a payment company, has launched a new option offering for card-not present environments. This allows businesses to accept all ACH and card payment types at no additional cost.
According to a Monday (Feb. Press releaseConsumerChoice is a program that eliminates merchant payment processing fees in a card present environment or any other.
According to the release, this will happen through Payroc subsidiaries.
We are thrilled to expand Payrocs ConsumerChoice with some of ACHeck21’s capabilities along with our FluidPay partners. Evan OBrienPayroc’s vice-president of enterprise sales stated this in the release.
OBrien explained that Payroc’s and ACHeck21s unique platform will provide our sales distribution and ISV channels a unified solution for ACH and Card payment processing. This includes all Card Not Present environments such as invoicing, hosted payments pages, and eCommerce transactions.
PYMNTS reported last month that East Commerce Solutions, a merchant services company handling $2 billion annually in processing volume, was purchased by Payroc.
Continue reading: Payments Company Payroc Acquires East Commerce
East Commerce Solutions has been a customer advocate since the beginning, East Commerce Solutions founder Edward Medeiros stated at the time. I am excited to expand our product offerings using Payrocs technology stack, and international reach. This will allow us to drive future growth for both businesses.
James Oberman, Payroc CEO, expressed gratitude for the mutual respect they had and stated that both companies share the common goal of people doing business with people.
Payroc has also partnered recently with Dynamic Solutions, an electronic payment processing company. This partnership will allow Payroc to expand to Puerto Rico and other regions in Latin America and Caribbean.
Payroc is based in Illinois and serves more than 110,000 merchants in 40 different countries. It performs tasks such as risk management, underwriting, global device connectivity, and application programming interfaces.
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