ICT

PayTrace, Inc.

Company Profile Analysis

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PayTrace, Inc. - ICT showcase

Year Founded & Workforce

2003-12-31

100 Employees

Industry

ICT

Services

P

PayTrace, Inc. Overview

Company Headquarters: US

Founded: 2004

Workforce: ~100

Company Working: PayTrace, Inc. is a part of North American Bancard (NAB). It is a financial technology company that provides payment processing solutions for businesses of all sizes. PayTrace's primary service is its payment gateway, which allows merchants to securely accept credit card and ACH payments online or in-person. The gateway supports a wide range of payment methods, including Visa, Mastercard, American Express, Discover, and electronic checks. In addition to payment processing, PayTrace also offers a suite of business management tools, including invoicing, recurring billing, and customer management. PayTrace serves a variety of industries, including healthcare, retail, e-commerce, and professional services. The company's customers range from small businesses to large enterprises, and it has a strong presence in the United States and Canada.

Strategy

PayTrace, Inc. aims to continue to focus on developing and enhancing its payment processing technology to make it more secure, reliable, and user-friendly. This includes investing in advanced fraud detection and prevention tools and providing comprehensive reporting and analytics capabilities to merchants.

Company Snapshot

100

Employees

2003-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Secure and reliable payment processing technology
  • Strong relationships with major banks and financial institutions
  • Advanced fraud detection and prevention tools

Weaknesses

  • Limited international coverage

Opportunities

  • Expansion into new international markets and currency options

Threats

  • Rapid technological changes

Key Developments

DateApproachDevelopment
April 2023PartnershipVirtualitics, an AI and data exploration business, partnered with North American Bancard (NAB) a parent company of PayTrace, and electronic payment systems provider. This partnership allows NAB to investigate and comprehend payment intelligence. Virtualitics' solutions assist consumers in identifying data patterns and providing entrepreneurs with data-driven insights to help them make better decisions.
March 2022AcquisitionPayment’s solution provider PayTrace has been acquired by payments provider North American Bancard. According to PayTrace, one of its first steps with NAB will be to add the Electronic Payment Exchange network to PayTrace, which is a consumer shopping payment experience that has strong data security.

Product Offering

  • PayTrace, Inc.
    • Global Digital

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About the Author

Wantstats Research Team

Wantstats' research desk profiles PayTrace, Inc. as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

PayTrace, Inc.

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