Payroc takes over eConduit, enhances integrated payment offering for ISVs & payment facilitators

By Pavithra R

Payroc Intermediate Holdings, a privately held leading merchant acquirer and global payment processing organization, has announced the acquisition of Blackline Partners (d/b/a “eConduit”).

Founded in 2015, by Joe Garza and Mike Cimilluca, eConduit is a technology provider that offers software companies the ability to enable their clients to accept complex EMV payments from a single, web-based API in over 11 countries. It provides the connection between clients Point of Sale System and processing company, providing flexibility, choice and security in payments.

“I’m extremely excited to bring eConduit into the Payroc family. 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,” said Adam Oberman, Co-Founder and Chief Revenue Officer at Payroc.

Through the acquisition, eConduit technology will provide Payroc’s integrated software partners and point of sale systems with 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.

Together the companies will bring a globally integrated processing platform managed solely under the Payroc organization umbrella. Compatible devices include Ingenico, Pax, Verifone, Poynt, Dejavoo, Clover and more.

“Payroc continues to impress us with their partner-centric approach, long-standing payment expertise and strategic direction of organic growth and acquisitions. 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,” said Joe Garza, Co-Founder at eConduit.

Recently, NMI selected Payroc’s Caledon platform for its Canadian market expansion.

Established since 2003, Payroc drives commerce for businesses with anytime, anywhere payment solutions. The firm provides transparent pricing clarity and prioritizes developing personal relationships while delivering integrated payment technology. According to company data, the FinTech serves over 30,000 clients and processing over $10 billion in annual card volume.