PayFacto Payments Inc., a payment solution provider, has completed the acquisition of Posera Ltd. and Resto Finances Inc.
PayFacto acquired Posera, including its suite of software technologies – Maitre’D POS, KDS (kitchen management system), and SecureTablePay (pay-at-the-table solution), as well as Resto Finances, including its flagship Veloce POS system. These technologies power hospitality establishments, restaurants, hotels and resorts around the world. Combined, the acquisitions demonstrate PayFacto’s commitment to become one of the world’s leading providers of payment and technology solutions to the hospitality industry.
PayFacto says the deal "creates an amazing opportunity to build on Maitre’D, Veloce, and KDS’ global market footprints to bring a complete technology and payments solution to existing and new restaurateurs and hoteliers."
PayFacto meets the operational needs of small and large clients on a national and international scale by enabling them to meet their business objectives more efficiently and affordably.