Fortis, the leader in embedded payments for software providers, today announced the company is expanding its suite of technology solutions by acquiring Payment Logistics, an industry-leading payment technology company based in La Jolla, California. Payment Logistics not only brings dozens of embedded payments partnerships but a myriad of cutting-edge solutions and a highly experienced team to the Fortis family.
Founded in 2003 to provide reliable and secure payment technologies, Payment Logistics has a large breadth of partnerships that process a significant volume of transactions across thousands of businesses on an annual basis. The team has created partnerships with leading developers, software providers and value-added resellers (VARs) to overcome payment integration challenges and deliver strategies that maximize the return on investment in commerce solutions. Payment Logistics founder, Dustin Niglio, will continue to lead the La Jolla team as part of the Fortis family.
“We started Payment Logistics 19 years ago with a vision to provide the technology retail and hospitality businesses need for a rapidly evolving electronic payment processing industry,” Niglio said. “Fortis is growing quickly and investing in innovation, so joining the Fortis team is the logical next step toward realizing our founding vision. I look forward to working with the combined team to accelerate transformation across the market.”
The teams will work quickly to unify the two platforms, expanding offerings for all clients and partners while continuing to deliver the high-quality segment specific experiences that both organizations are known for, further solidifying Fortis’ position as the leader in embedded payments for software providers in North America. As part of Fortis, the La Jolla based team will continue to innovate and offer payment solutions tailored to the specialty retail and hospitality markets with the power of Fortis’ enablement, payment facilitation and engagement engine.