Payroc WorldAccess is acquiring LedgerPay, a cloud-based payments processor, to enhance its end-to-end processing capabilities for major card brands and debit networks. This acquisition, described as a "game-changer" by Payroc's CEO, is part of the company's ongoing strategy to grow through acquisitions, following a significant purchase last year of i3 Verticals' payments division. The deal is expected to close in the third quarter, with plans to retain LedgerPay employees for seamless integration.
Payroc has announced its acquisition of BlueSnap, a payment orchestration and accounts receivable automation platform, which is pending regulatory approval. This deal aims to enhance Payroc's global payment capabilities, particularly in Europe and the UK, leveraging BlueSnap's technology and established market presence.