Payroc was founded in 2003 in Chicago. In 2019 partnering with a private equity firm Parthenon, Payroc merged with Payscape and NXGEN, two other payment processors. Since 2019 Payroc has completed six other acquisitions, so we have an emersion of different companies that have come together, which has led us to merge cultures with an initiative called “One Payroc.” We process over $65 billion in payments in over 46 markets for roughly 125,000 merchants & have offices in the US, Puerto Rico, Canada, Mexico, Republic of Ireland, Northern Ireland & the UK. In addition, we process payments for B2B online, salons, and restaurants. As a result, Payroc supports industries and companies of all shapes & sizes. We’re scaling up fast with roughly ~700 employees globally and adding more.
Payroc
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3.6
Overall Excellence Rating
Industry
Financial ServicesCategory
Financial Transaction ProcessingESG/Ethical Impact
Payroc has diligently crafted a comprehensive sustainability strategy, encompassing initiatives that actively reduce its environmental footprint. This strategy includes the integration of cutting-edge energy-efficient technologies, rigorous resource conservation practices, and a steadfast shift towards renewable energy sources, resulting in substantial reductions in greenhouse gas emissions and a palpable contribution to global efforts aimed at mitigating climate change and preserving the natural environment. The organization, deeply dedicated to employee welfare and diversity, has instituted robust diversity and inclusion programs that foster an inclusive workplace marked by equal opportunities, diversity celebration, and empowerment. Furthermore, Payroc’s philanthropic endeavors, strategic partnerships, and community engagement initiatives have led to tangible enhancements in local communities, spanning improved educational access, advanced healthcare availability, and the promotion of socio-economic development. The composition of its board of directors, characterized by diversity and independence, ensures rigorous oversight and governance practices that are intricately aligned with the best interests of all stakeholders. Moreover, Payroc consistently maintains strict compliance with industry regulations and best practices, nurturing a corporate culture steeped in integrity, accountability, and responsible management throughout the organization.
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Awards Received
2023
Revenues
$265,200,000.00
Website Traffic
Employee Rating
3.8
Customer Rating
4.2
Company Size
100-1000
ESG Risk Rating
3