Tranact Payment Systems Inc.

IT Services and IT ConsultingFlorida, United States11-50 Employees

Tranact Payment Systems Inc. operates in IT services and IT consulting, providing cash and imaging solutions primarily for the scrap industry. Its offerings center on software that enables fast, efficient, and reliable cash payment processes, designed to be operated by traditional scrap yard staff, and it has pioneered the use of ATMs within scrap yards through its EZcash system. Based in St. Petersburg, Florida, the company serves a niche market by reducing security risks and human error in cash handling at scrap facilities. The business, established in this context as a full-service provider, positions itself within the broader payments and cash-management ecosystem by delivering integrated hardware-agnostic software that supports automated or semi-automated cash dispensing. A notable development in its recent activity is the release of Scrap Yard Dog, a free online scrap buying application launched in late 2016 in collaboration with its development team. The company operates with a focus on applying its solutions to the scrap industry and related sectors, seeking to streamline cash-related workflows and imaging processes for yard staff and associated operations.

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