Updated 3/11/2019: TransAct Merchant Solutions has changed its name to Exectras. We will no longer update this review. See our Exectras review for up-to-date information about this company.
TransAct Merchant Solutions (transactnap.com), also known as TransAct National Association Program or TransAct NAP, is a merchant account provider that offers a wide range of business services to participating merchants on an annual membership basis. The company’s function is similar to that of a trade organization, but instead of its merchants having a common field of expertise, they simply participate in the same pool of benefits regardless of business type. TransAct charges a monthly or annual fee in exchange for offering its merchant services—as well as other business products like insurance, health benefits, payroll services, retirement plans, loans, and scholarship programs—at a steep discount. TransAct Merchant Solutions is a registered ISO of Fifth Third Bank, Cincinnati, Ohio, and is headquartered at 5819 Hwy 6 South, Ste 255, Missouri City, Texas 77459. Joseph Cherry is the CEO and president of TransAct Merchant Solutions.