iTransact Credit Card Processing 2023: Reviews & Complaints

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image of a phone image of a phone that changes when your mouse hovers over it (800) 369-6451 View Pricing

Company Overview

iTransact is a merchant account provider that serves as the online payment gateway for Payroc. The company resells the merchant services of several processors, including First Data (now Fiserv), Global Payments, TSYS, and Chase Merchant Services. The company started out as an electronic check processor in 1994 and expanded over time to make credit card processing its largest area of business. In 2010, iTransact merged with National Merchant Services to form iTransact Group LLC. iTransact Group was then acquired by Payroc LLC in October 2016.

Article Summary

Before we dive in, here’s a short summary of what we’ll cover:

  • iTransact’s various payment processing services.
  • The company has not received many complaints in recent years. Past complaints often mention being charged unexpectedly.
  • The company’s contract is through National Processing Company and appears to contain some expensive fees.

iTransact Payment Gateway

iTransact offers a virtual terminal that allows for the processing of multiple transaction types through a single interface. This includes handling partial approvals and the option to use a USB swiper in retail situations. The virtual terminal is designed to be intuitive and user-friendly.

Recurring Payments and Invoicing

The platform supports the setup of recurring payments on schedules such as monthly, weekly, or daily. Customers can update their billing information directly via a link in their recurring receipts. iTransact also provides the ability to send invoices and receive payments in multiple languages, with notifications sent to the merchant when payments are made.

Reporting and Batch Uploads

iTransact enables the generation of transaction reports in various formats like CSV, XML, or QIF, based on multiple search terms. Additionally, merchants can upload batch files containing transaction information, which iTransact processes in the background, notifying the merchant upon completion.

Advanced User Controls and API

The service offers advanced user controls, including the creation of custom roles to comply with Sarbanes-Oxley regulations. Their powerful API can be used for all transaction types, managing recurring payments, and checking the status of previous transactions.

Account Management and Payment Form Generators

Merchants can manage various gateway account settings, such as accepted payment types, fraud controls, email settings, and API keys. iTransact also provides payment form generators to create ready-to-submit forms, aiding in quick setup.

Security and Compliance

iTransact, under Payroc LLC, is fully compliant with PCI DSS standards, ensuring the security of cardholder data. They emphasize the importance of adhering to industry security standards to maintain customer trust and data integrity.

Location & Ownership

iTransact is a registered ISO/MSP of Fifth Third Bank, Cincinnati, Ohio; Wells Fargo Bank, N.A., Concord, California; and MB Financial Bank N.A.; Rosemont, Illinois, and is located at 286 South 200 West Suite 210 Farmington, UT 84025. LinkedIn lists Ryan Burgon as owner, though this is not corroborated elsewhere, and Stephen Hall is listed as a co-founder of iTransact.

Table of Contents

iTransact Customer Reviews

Here's What Their Clients Say

Customer Reviews Summary
Item Result
Total Online Complaints <10
Live Customer Support Yes
Most Common Complaint N/A
Recent Lawsuits No

Low Complaint Volume

We are currently able to locate a handful of iTransact reviews, some of which accuse the company of being a ripoff or a scam. The available iTransact complaints mention high prices, billing errors, and poorly disclosed add-on fees. Since the company resells the services of multiple processors, it is possible that some client complaints are redirected to these other companies’ online profiles. At this time, however, there appear to be mixed reviews of the service and support offered by iTransact itself. We are awarding the company an “A” rating in this category due to the low overall volume and frequency of these reports. If you have your own iTransact review to make, please do so in the comments below.

iTransact Lawsuits and Fines

We have not found any outstanding class-action lawsuits or FTC complaints filed against iTransact. Dissatisfied clients who wish to pursue a non-litigious course of action against the company should consider reporting it to the relevant supervisory organizations.

iTransact Customer Support Options

The iTransact website lists a dedicated support email address and general phone line, and a few iTransact reviews have praised the company’s effective customer service department.

iTransact Customer Service Number

  • (800) 369-6451 – Toll-Free Customer Support

Other Support Options

However, the company’s support channels are not enough to qualify it as a top-rated merchant account provider for customer service.

iTransact Online Ratings

Here's How They Rate Online

Online Ratings Summary
Item Result
BBB Reports 50

Over 20 BBB Complaints

As of this review, iTransact (As Payroc) has a Better Business Bureau rating of “A+” with 23 complaints filed within the last 36 months.

What Merchants Say

In addition to the 23 complaints, Payroc has received 27 informal reviews. 12 of those reviews are negative in tone and 15 are positive. The most recent review describes aggressive tactics from the company after signing:

I tried them for a couple of months, but immediately pulled the machine when they decided to try and dictate policy. They use strong arm tactics and threatened to freeze your finance account, if we would not sign an agreement to not sell a product that was against our policy anyway. Our local rep was excellent, as you can see most positive reviews are about the Reps. Don’t confuse those reviews with the corporation which is very disreputable. Fortunately for us we keep all emails as I was able to take that to our bank to stop them from continually taking money from our account that they were not entitled to. Extremely anti-second Amendment !!!

A “B” Performance Overall

Given iTransact’s clean complaint record, we have lowered the BBB’s rating to a “B”, but readers should note that there is reason to be skeptical of the BBB’s reviews.

iTransact Fees, Rates & Costs

A Closer Look at The Contract

Cost & Fees Summary
Item Result
Cancellation Penalties Yes
Monthly & Annual Fees Yes
Processing Rates 3.05% + $0.19
Equipment Leasing Yes

iTransact Pricing

According to a copy of the standard iTransact Terms & Conditions and merchant application, the company offers a three-year agreement through NPC with automatic renewal for two-year terms, an early termination fee of $125, an annual fee of $59.95, a monthly minimum fee of $25, a PCI compliance fee of either $90 or $165 per year, and an on-file fee of $9.95 per month. This agreement reflects a “base credit rate” of 2.19% plus $0.20. The contract also includes a non-qualified exception to non-qualified businesses, meaning the rate could be as high as 3.05% plus $0.19.

However, iTransact resells the merchant accounts of several very large payment processors. As a result, the iTransact contract terms are likely to vary significantly depending on a client’s size, business type, and time in business.

Contract Complaints

There are currently a few iTransact reviews about the company’s pricing and billing practices, specifically with regard to high monthly fees, unannounced add-on services, and billing after account closure. It is likely that the iTransact contract includes some combination of a single standard service length, setup fee, early termination fee, PCI Compliance fee, monthly minimum fee, or rate structure. We do not consider iTransact’s contract terms to be competitive with the cheapest merchant accounts. We also encourage business owners to check out our list of the providers of the best merchant accounts.

iTransact Employee Reviews & Sales Tacitcs

Should You Work For Them?

Jobs & Marketing Summary
Item Result
Uses Independent Resellers No
Telemarketing No
Misleading Marketing No
Discloses All Important Terms No

In-House Sales Team

iTransact appears to employ salaried in-house sales agents to market its services, and there is no indication at this time that the company hires independently contracted agents. However, there are a few iTransact reviews that accuse the company’s sales team of unethical conduct, and some clients express initial surprise at higher-than-expected setup costs. These clients all go on to add that their confusion over these costs was quickly resolved by excellent customer service. This compares favorably to our list of best credit card processors.

No Deceptive Advertising

As an additional point in the company’s favor, the iTransact website does not appear to engage in any deceptive advertising strategies. If you suspect that iTransact is charging you undisclosed fees, we recommend seeking a third-party statement audit to find and eliminate hidden charges.

Our iTransact Review Summary

Our Final Thoughts

iTransact rates as a reliable credit card processing provider according to our rating system. The company appears to resell the merchant services of several large processors, but it manages to maintain a low overall complaint rate. Given the highly variable nature of the company’s contract terms, business owners are advised to read their contracts carefully and strongly negotiate all terms. Businesses should also compare iTransact’s offerings to top-rated overall credit card processors.

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Your Comments & Reviews

How Did iTransact Treat You?

6 Responses

  • Cody Fullmer

    Fraudulent company. They charged by account without my authorization. I had never used their services. They only offered to refund 10% of the charge when I contacted them. Now I have to go through the process of disputing it with my bank. DO NOT ASSOCIATED YOURSELF WITH THIS COMPANY.

  • Gwen Lion

    I was a customer with Itransact for several years and after deciding to go with another company and requesting to close and cancel my account, they continued to charge me for an additional 9 months. I requested a second time to cancel my account. They continued to charged me $30 a month, $25/account manager fee and $5 paper statement fee for paper statements of $0. What were those fees being used for? If I was paying for an account manager, why weren’t they contacting me to alert me? What were they managing and who were they servicing? Certainly not me! I am curious how many other companies have been charged after cancelling their accounts. I am interested in contacting anyone who has had this happen and possibly filing a class action lawsuit on behalf of all who are charged for $0 transactions. This seems like a simple fix that Itransact should be able to review their accounts and see who is no longer using their services but why would they be honest and follow the golden rule? Financial companies continue to rip off businesses and individuals with no regard for right or wrong. What a disgusting thing to realize after I was told that this was a good company. Please email me at [email protected]. I have attorneys waiting for a class action suit. Seems like this is likely occurring regularly and to a large number of merchants. I am a small business and obviously too busy to realize and I’m certain that I am not alone.


      They did it to me too! The keep charging me every month. I call and they say they will stop and it been months and the charges continue. This is the most dishonest company I have every worked with and I have been in business over 40 years!! Do not do any business with itransact, or Payroc of any affiliated company…I promise you it will be the biggest mistake you will ever make!

      This post will help: Cancelling a Merchant Account Without Paying a Fee


  • Lauren Barbrey

    I found their practices to be deceptive. I accepted that their fees were high, but I was not expecting to be enrolled in a program I did not want or authorize. They announced it in the small print at the bottom of a statement. Because I missed reading it and did not know I had to opt out they began charging me for the service. I found this to be very deceptive and was not satisfied with their response when I called them about it.

  • I’ve used iTransact for several years now. Upon reading review AFTER I launched my account I think the start up costs may have been high. However, my rep is amazing. The service is excellent and they are super easy to work with. I started using the Android App a few months ago and it is pretty solid. The downside to the app is there is no CC swiper to integrate with my phone. I hear this is in the pipeline though.

  • I used to work for iTransact, I am normally really annoyed by employees of other companies posing as customers write a review so instead I am just letting you know. Yes I did work for iTransact, and yes I am writing this review. I my goal is not to tell you how great iTransact is but to tell you my opinion of it from the inside, it just happens to be a good one. I am not a business owner and have never had a merchant account so I could not tell you what it is like totally to have a merchant account with iTransact. But I can tell you this:

    I loved working here, my bosses were honest and I enjoyed working for them. I was never once told to lie about something, ever. Helping the merchants to save money on their fees was never discouraged and management always told us how important our clients were and how we should always look for ways to give that extra 1% in our service. In fact awards are given out monthly to employees who had done something especially extra for the clients. Great customer service is encouraged at iTransact. I was never involved in pricing, so I cannot tell you anything about that. But I know that the customer service at iTransact is top notch, none better. I know that you will be satisfied with your service at iTransact.


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