Fortis Reports Massive 2023 Growth in Embedded Payments

Fortis announced on December 14, 2023, that it had experienced transformational growth in embedded payments throughout 2023, highlighting key partnerships with Sage and Acumatica. The partnerships integrate card payment processing directly into ERP systems, enabling businesses to accept and process card transactions within their existing business management software. Fortis's embedded payments approach includes data enrichment capabilities that enhance transaction information flowing through ERP platforms.

The Sage partnership brings embedded payments to a broad base of small and medium-sized businesses using Sage's accounting and business management software. Similarly, the Acumatica integration embeds payment processing into the cloud ERP platform used by mid-market enterprises. Fortis positions itself as an embedded payments infrastructure provider focused on vertical software and business platform integrations.

The company's 2023 growth trajectory reflects the accelerating adoption of embedded payments within B2B software ecosystems.