Texas-based Forte Payment Systems is rooted in technology. In 1998, its founder, a software developer by trade, saw an opportunity to build automated clearing house (ACH) solutions as the transition to an all-electronic network supported by the Federal Reserve Banks two years earlier was gaining momentum commercially.
"We built our platform, our systems and capabilities with ACH in mind initially," said Jeff Thorness, founder and Chief Executive Officer of Forte. "Our customers liked our solution set for ACH, but were looking for total solutions, so we added card services. We then became a gateway, where we integrated to all the big processors initially, and we also did some acquiring as well, in time."
Even today, ACH remains core. "All of our solution sets take advantage of our ACH capabilities, so it's hard to find a stronger ACH provider out there," Thorness said. "But beyond that, we're also a tech shop. We've been catering to integrated VARs or partners who need to build out payment functionality. We have a fantastic set of APIs that I would rate on par with PayPal, Braintree and Stripe."
As a tech shop, Forte continues to innovate. It currently serves the retail, government, healthcare, education, nonprofit, property management, fitness and utility sectors with a spectrum of billing, payment, authentication and security solutions.
The company recently introduced the Account Updater for businesses that enhances recurring billing. From the tokenized accounts of the merchant's recurring transactions, the updater compares the data against the issuer's database and then autocorrects account information for each merchant.
It also launched the REST API platform for developers, which the company describes as being focused on the user experience, scalabe and able to remove the complexity of payment management in such areas as data security, funding and billing. And Forte recently extended its acquiring and payment processing solutions to Canadian merchants. Additionally, to streamline merchant boarding, the company offers an optional online API for U.S. and Canadian merchants.
Forte's newly released hybrid EMV POS functions in both standalone mode as a countertop system and hybrid mode in which software controls the terminal and performs payments. "We've engineered it so that companies can implement it in a PCI-scope minimized fashion," Thorness said. "It allows the software to control it and get the information it needs, all while keeping sensitive information out of scope for PCI compliance."
For Thorness, it's not just about core processing, but also all the extras the company offers to help boost ISO margins and strengthen merchant stickiness. Noteworthy among them is transparency: pricing is posted online at three levels, Starter, Merchant+ and Enterprise.
"We like to be very transparent with not only our pricing, but everything we do here," he said. "We have solutions around mobile payments and other phone-based systems, like IVR. We've built solutions for recurring and back-office type payments and continue to retail and online," essentially covering all commerce channels as merchants need them.
Thorness believes a tremendous opportunity exists for ISOs to differentiate themselves. "The bottom line is that we love to work with ISOs," he said. "We don't necessarily have to be the total solution. We can just be a piece of the puzzle. If they just need us for ACH, that's fine. If they need us to be a gateway instead of doing the acquiring on the card side, that's fine, too. We can configure and set up the relationship exactly to meet the needs of the partner or merchant."
For its integrated partners, Forte offers revenue share opportunities, access to APIs, integration support and customer support.
Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.
East of Mississippi:
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Company Profile originally appeared in
The Green Sheet Issue 160901
220601 - Nationwide Payment Systems
211102 - Kalamata Capital Group
210701 - Choice Merchant Solutions
200601 - Delta Payment Solutions
190802 - Credit.net, a division of Infogroup
190702 - Samsung Electronics America Inc.
181201 - Network Merchants LLC
180902 - MainStream Merchant Services Inc.
180801 - Century Business Solutions
180502 - Priority Payment Systems Northeast
180501 - Merchant e-Solutions Inc.
180301 - Wirecard North America
180201 - Sysnet Global Solutions Ltd.
171202 - Secure Cryptopayments
171002 - National Benefit Programs LLC
170902 - Frates Insurance & Risk Management
170901 - DCS Holdings Group LLC
170802 - Apogee Payment Systems LLC
170702 - Active Software & Hardware Systems
170701 - Veratad Technologies LLC
170502 - Frontline Processing Corp.
170501 - Platinum Choice Bancard LLC
170201 - Electronic Payments Inc.
161202 - International Bancard Corp.
161201 - CSR Professional Services Inc
161102 - Digitzs Solutions Inc.
161101 - Residual Sheriff LLC.
160801 - DigiPay: Solutions Inc
160702 - CreditCardProcessing.com
160201 - Lead Tracking Systems LLC
151202 - Benseron Information Technologies Inc.
151201 - CardWare International Inc
151101 - Lion Capital Group LLC
150801 - Topcreditcardprocessors.com
150702 - Vision Payment Solutions LLC
150601 - Conformance Technologies
150502 - Global Processing Systems
150402 - Mercantile Processing Inc.
150401 - Field Guide Enterprises
150302 - Signature Card Services
150301 - Premier Payment Systems Inc.
150201 - Humboldt Merchant Services
150102 - Expansion Capital Group LLC
141102 - National Merchants Association
141001 - Instant Credit Manager
140902 - Merchant Cash and Capital LLC
140701 - National Transaction Corporation (NTC)
140601 - Total Merchant Services
140501 - Nationwide Payment Solutions
140501 - BPC Banking Technologies
140301 - Meritus Payment Solutions
140201 - Process Pink Payments LLC
131202 - First American Payment Systems L.P.
131102 - Evo Payments International LLC
131001 - Live Reps Call Center
130901 - Regal Payment Systems LLC
130901 - The Merchant Solutions
130802 - North American Bancard LLC
130801 - Payment Logistics LLC
130702 - Plug n Pay Technologies Inc.
130601 - U.S. Merchant Systems LLC
130402 - National Processing Co.
130202 - Charge Card Systems Inc.
130202 - Layered Technologies Inc.
130102 - Glazer_Kennedy Insiders Circle LLC
121202 - American Microloan LLC
121102 - Keep in Touch Systems Inc.
121102 - Merchants Choice Payment Solutions
121002 - Washington Bancard Merchant Services LLC
120902 - Central Payment Co. LLC
120802 - Royal Merchant Holdings LLC
120801 - National Benefit Programs LLC
120602 - Cardinal Commerce Corp.
120601 - Veritrans Merchant Services LLC
120502 - ExecuTech Lease Group
120502 - The Small Business Authority
120402 - Chargeback Guardian Inc.
120401 - Electronic Payment Exchange
120301 - Complete Merchant Solutions LLC
120201 - CSR - Compliance Solutions and Resources
120102 - Alpha Card Services Inc.
111002 - Lead Source Call Center
111001 - First Annapolis Consulting Inc.
110902 - Point of Sale System Services Inc.
110901 - Sage Payment Solutions
110801 - Century Payments Inc.
110702 - Creative Vision Studio LLC
110702 - Network Merchants Inc.
110701 - Capital Access Network Inc.
110602 - eProcessing Network LLC
110602 - Moneris Solutions Inc.
110502 - Paragon Application Systems Inc.
110401 - Merchant Implementation Services
110301 - FrontStream Payments Inc.
101202 - CheckAlt Payment Solutions
101102 - Impact Payments Recruiting
101101 - Global Electronic Technology Inc.
101002 - TriSource Solutions LLC
100802 - Federated Payment Systems LLC
100801 - Voltage Security Inc.
100601 - NETSURION (formerly Vendor Safe Technologies)
100502 - Transaction Network Services Inc.
100402 - Secure Payment Systems Inc.
100401 - Elite Merchant Solutions
100302 - Retail Decisions Inc.
100102 - Payment Alliance International
091201 - Performance Training Systems Bankcard Boot Camp
091101 - Merchant e-Solutions Inc.
091002 - Whitehall Capital Advisors LLC
090901 - CoCard Marketing Group LLC
090801 - First National Merchant Solutions
090701 - checXchange Money Transfer Systems Inc.
090601 - Sterling Payment Technologies
090502 - Infinity Payment Systems
090501 - Merchant Cash and Capital
090401 - UseMyBank Services Inc.
090401 - Data Delivery Services Inc.
090302 - Velocity Merchant Services
090302 - Metro Merchant Services
090301 - Smart Transaction Systems Inc.
090301 - DCC Merchant Services USA LLC
090202 - TransFirst Holdings Inc.
090201 - ACH Payment Solutions
081202 - Affirmative Technologies Inc.
081201 - On-line Strategies Inc.
081101 - Vision Payment Solutions LLC
081002 - Veratad Technologies LLC
081001 - International Merchant Solutions LLC
080801 - GreenSoft Solutions Inc.
080702 - Smart Circle International
080601 - International Bancard Corp.
080502 - DRG Telemarketing Inc.
080501 - BCC Merchant Solutions
080402 - U.S. Merchant Systems
080401 - Greystone Business Resources Corp.
080302 - Transmedia Payment Services Ltd.
080102 - Sonoma Technical Support Services
071202 - Barclay Square Leasing Inc.
071102 - FirstView Financial LLC
071001 - Sage Payment Solutions
070902 - YourTownMall Business
070901 - Nxgen Payment Services
070802 - All card Processing-AAMonte-USA
070801 - Money Movers of America Inc.
070602 - Central Point Resources Inc.
070601 - Positive Feedback Software LLC
070502 - Premier Payment Systems
070501 - Amacai Information Corp.
070402 - National Bankcard Systems