Tinley Park, Ill., Oct. 10, 2016 — Payroc LLC, a leading merchant services and payment processing organization, announced today that it has acquired the assets of payment gateway and merchant account provider The iTransact Group, LLC. The transaction results in a notable expansion of Payroc’s payments business, adding 300 trusted advisor referral partners and 6,000 merchants with more than $1.3 billion in annual processing volume. Payroc additionally gains mobile point-of-sale (mPOS) technology, a proprietary e-commerce gateway, and a proprietary integrated payment facilitator (PayFac) platform that will enhance the delivery of customized vertical market payment solutions for micro, small and medium-sized merchants.

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