Payments platform developer Payroc closes acquisition of BlueSnap

Payroc WorldAccess LLC, a designer and developer of payments platform, completed its acquisition of BlueSnap Inc., a payment gateway operator.

Following the transaction completion, BlueSnap's technology and its team will operate as part of Payroc, effective immediately.

The merger of the two entities integrates Payroc's direct-connect acquiring capabilities with BlueSnap's API-first orchestration, creating a unified solution for cross-border card-not-present transactions, embedded invoicing and accounts-receivable automation, as stated in a press release.

The combined organization will provide customers and independent software vendors with access to local acquiring in key markets, streamlined billing and reconciliation workflows and developer-centric tools designed to accelerate time-to-market for global commerce.