Fortis completed the acquisition of Payment Logistics.

Fortis, a developer of payment processing and merchant solutions, completed the acquisition of Payment Logistics, a developer of electronic payment processing technology platform. Financial terms weer not disclosed. "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. 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," Dustin Niglio, Payment Logistics Founder.