Payroc Intermediate Holdings, LLC (“Payroc”), a leading merchant acquirer and global payment processing organization, announced the acquisition of Blackline Partners, LLC (d/b/a “eConduit”). Founded by Joe Garza and Mike Cimilluca, eConduit is a technology provider that allows software companies the ability to enable their clients to accept complex EMV payments from a single, web-based API in over 11 countries.
Read More: The Influence of Mobile Apps WeChat Pay and Alipay Extends Far Beyond China’s Borders
“I’m extremely excited to bring eConduit into the Payroc family,” said Adam Oberman, Co-Founder and Chief Revenue Officer at Payroc. “Not only do I have immense respect for their leadership under Mike & Joe, they will also fill a gap in Payroc’s technology stack and give us a domestic and international capability that we’ve long needed on the card-present front.”
“Payroc continues to impress us with their partner-centric approach, long-standing payment expertise and strategic direction of organic growth and acquisitions,” said Joe Garza, Co-Founder at eConduit, “We’re excited to complement Payroc’s success and expand their industry-leading payment services with our integrated payments, global omni-commerce payment facilitation capabilities, and flexibility to create custom payment programs.”
Read More: BillingPlatform Increases Standing in MGI 360 Ratings Report for Agile Monetization Solutions
The eConduit technology will provide Payroc’s integrated software partners and point of sale systems a unique, single cloud integration point to a global variety of payment terminals without a lengthy certifications process, access to sensitive data or PCI PA DSS requirements. Payroc and eConduit combined, will bring the first-to-market global integrated processing platform managed solely under the Payroc organization umbrella. Compatible devices include Ingenico, Pax, Verifone, Poynt, Dejavoo, Clover and more.
“Merging Payroc’s full-stack processing platform with eConduit’s cloud API gives ISVs & Payment Facilitators access to the globe – all from a single relationship. Welcome to World Access by Payroc,” commented Marcus Dagenais, President at Payroc Canada.
