A Message from the Fotec Group

We are a team of colleagues with extensive payments experience and incomparable industry relationships. We respect one another, know business, and we have one thing in mind… to build a global electronic payments company that offers merchants and consumers all payment options, regardless of currency, card type or technology. 

We believe the common thread of exchanging value is what ties all payment types together. Ultimately, it is up to merchants and consumers to choose the form of payment they wish to make and accept. Our goal is to facilitate those choices.

At the Fotec Group, you will find a highly focused, driven team of individuals with complementary skill sets. We value open communication, honesty and integrity. 

We know payments, know our customers and know how to deliver.

  “Now is the time to provide the full spectrum of electronic payment solutions to the marketplace, offering more convenience, access and security,” said Charlie Fote, founder and chief executive officer. “The industry is fragmented, inefficiencies are rampant and no one offers a complete package of payments products to merchants and consumers.”

About Fotec

Established in 2009, the Fotec Group was created by a select group of innovative payments experts to evaluate and develop payment offerings for the world’s evolving marketplace. The Fotec Group is acquiring some of the best brands in the industry and creating a truly integrated, multimarket, global transaction processing company. 

The talent, investors and acquisition targets have all come together in a growing market where competition is good but there is room for more.

The initial industry focus aligns with the core strengths of the Fotec team both domestically and internationally, with specific interests in:

• Merchant processing and money transfer

• Pre-paid, mobile payments, rewards and loyalty

• Currency conversion and bill payment

• eCommerce and digital payments

We will collect the right mix of companies and create a long-term growth strategy for a global company that will:

• Facilitate merchants’ ability to authorize accept all types of payments

• Provide money transfer services to consumers and businesses electronically

• Facilitate the acceptance of consumer transactions at the point of sale. These transactions can be made at physical merchant locations, over the Internet or at an ATM.

• Offer innovative payment solutions through devices that enhance convenience, access and security.