Payroc to acquire PayiQ.

Payroc, a merchant services and payment processing company, agreed to acquire PayiQ, a payment processing platform. Financial terms were not disclosed. "Payroc becoming a full-stack acquirer is a game-changer for our merchants and partners. With PayiQ, we now own and operate an enhanced, fully-secure processing platform with direct network connections to all the major card brands. This acquisition sets a new standard for Payroc, further cementing us as the payments platform built for partners," Jim Oberman, Payroc CEO.