About Us


Founded by Ken Gruber in 1996, Transact Payment Systems Inc dba TranAct, is on the forefront of innovation for closed loop ATMs for the scrap metal industry and beyond. 


Transact HQ can be found at 7100 30th Ave North, St. Petersburg, FL. Here we take care of all customers’ needs from sales, implementation, customer service, shipping, and ongoing research and development. We are made in America and offer customer service and support in America! 


We strive to be the leaders in business based banking and compliance solutions and do our utmost to solve the difficult problems of cash management and transactional complexity for all businesses.