Verification. Payments. Peace of Mind.

Paramount enables merchants to access the global banking system for reliable and secure consumer financial data intelligence and payment processing.

Get proven protection for you and your customers with our patented risk management technology, which uses online banking to instantly confirm consumer bank account ownership, validate bank profile data, and verify account balance before processing a payment.

Bank-verified payments – that’s the Paramount advantage.

Your essential tools for secure global ecommerce.

Since launching its first payment product more than 15 years ago, Paramount has been at the forefront of financial technology innovation, and has become a trusted partner to hundreds of leading merchants around the world.

Our product suite expanded as merchants’ need for enhanced online security and compliance grew, and now includes both verified payments and a solution that provides “stand-alone” access to our proprietary risk management technology.

And with so much of the world’s ecommerce originating from mobile and tablet devices, each of Paramount’s products uses responsive design to ensure an optimized transaction experience from any device.

One handshake, one world.

With a single contract, Paramount’s platform enables access to bank data and payment services in more than 30 countries. We’ve navigated through the regulatory complexity so you can focus on what you do best and avoid the extensive underwriting and contracting associated with obtaining bank accounts in new jurisdictions.

Our secure, closed loop system removes the ability and motivation for consumer fraud, and a streamlined, easy-to-use interface ensures high consumer conversion across supported jurisdictions. Most of Paramount’s solutions are white-labeled and designed to act as a seamless extension of a merchant’s own brand.

Global tiered pricing, settlement, and rapid liquidity services in multiple currencies combine to make Paramount a vital partner for some of the largest, most sophisticated online merchants in the world.

Paramount Powers Merchant Success

The Business Need: A single vendor to provide verification and payment processing expertise across multiple jurisdictions.

Result: In short, trust. TransferWise relies on Paramount as a vital partner for consumer verification and remittance pay-ins (senders) and payouts (recipients) in multiple countries, and our two organizations are actively seeking new opportunities to expand the relationship.

TransferWise especially values Paramount’s commitment to its customers, as demonstrated when Paramount was called on to assist in the wake of a natural disaster. There was a tremendous spike in the volume of funds being remitted to the affected area and an urgent need for people to receive these funds quickly. Paramount took an “all hands on deck” approach and ensured that TransferWise’s customers were well taken care of in their time of need.

The Business Need: A bank-based payment option for MasterCard’s merchant gateway.

Result: Paramount was added to MasterCard’s global platform of payment options more than a decade ago, rounding out its offering of credit card alternative payment solutions to the global ecommerce market. This is no small feat. MasterCard’s standards are exceptionally high and they demand reliable, best-in-class performance from a partner.

It was imperative that the chosen bank-based solution have a customer verification component in order for MasterCard to offer it to more compliance-focused merchant clients. Paramount was a perfect fit. We are now available as an option at checkout on hundreds of ecommerce sites and our volume through the MasterCard gateway has consistently grown year over year.

The Business Need: A reliable payment provider for the regulated U.S. online gaming market that was available when the market opened.

Result: Caesars invested considerable resources attracting customers to its site when New Jersey, the first U.S. state to regulate online gaming in 2014, went live. They could not take the chance that potential customers would be lost during the payment process, and brought Paramount on board to provide verified online banking payments.

Paramount completed the extensive compliance and licensing requirements to be an approved vendor in New Jersey, as well as added support for local NJ banks to our national coverage. We also aided the merchant with integration and testing so that payments were ready to be processed right out of the gate.

Since then, Paramount’s low-risk, high conversion verified payment solution has become a preferred payment channel for the gaming giant, and Caesars is able to focus on driving its core business and growing revenue. A great example of complementary excellence in action.

Paramount Story Numbers

The Paramount Story

In the early 2000s, Paramount Commerce designed its inaugural payment product with the goal of helping online merchants accept funds from customers directly from their bank accounts.

We cut our teeth in the high-risk online gaming world, mitigating threats at checkout and processing payments for the largest, most reputable merchants in the industry. The stringent environment for compliance in online gaming honed our verification capabilities, and we now boast state-of-the-art security technology on top of our expertise in bank-based payment processing.

Paramount originated in Toronto and has grown to include offices in, Vancouver, London, Malta, and Las Vegas.

Recent News

Global Expansion
January 2018

And we’re off! 2018 has started with a bang and we are readying ourselves for a busy and exciting first quarter. There are a lot of new faces around here as we’ve welcomed new team members to our HR, finance, product management, and development groups. And of course, all these new bodies need places to work! We’re moving into our new London office in February and construction starts soon to expand our King West head office in Toronto.

Western Union Signs With Paramount Commerce in Canada
November 2017

We are pleased to share that Paramount has just signed an agreement with Western Union to provide customer verification and payments in Canada. Integrations is underway and we look forward to an official launch in 2018, as well as future announcements as we grow this relationship globally.

Paramount Welcomes David Roe as Chief Product Officer
September 2017

Paramount is happy to announce that David Roe will be joining our team in London beginning October 1st. As the former Chief Product Officer for Skrill and Product Director at Paypoint, Roe brings extensive online payments experience to Paramount and will be instrumental in growing our presence in the UK. For his part, Roe claims to have had his eye on us for a while and is glad to be joining the team of such a reputable and innovative FinTech company as Paramount Commerce. What a match!

Paramount Becomes Gold-Level Sponsor of Student Entrepreneurial Development Organization, Enactus Canada
August 2017

We are proud to announce that Paramount Commerce has committed funds to support Enactus Canada, an organization dedicated to “shaping generations of entrepreneurial leaders passionate about advancing the economic, social and environmental health of Canada.” Paramount has been a long-time champion of the organization and its goal of developing young leaders, improving lives, and strengthening communities.

Paramount Company Numbers

Life at Paramount

Paramount is a global team of smart, dedicated people committed to finding groundbreaking solutions to ecommerce challenges. We foster an inclusive, collaborative environment where all voices are heard, all people are respected, and all triumphs are celebrated. We also recognize that leading-edge innovation means doing things that have never been done before. Sometimes we’ll fail. That’s good, because we learn from failure, take what we learn, and move on to success.

At Paramount, we celebrate diversity and know that our company is stronger with a multicultural team that brings different experiences and backgrounds to the job. We also know that your work team isn’t your only team. Work-life balance isn’t just something we say; it’s something we live.

Oh, and we like to eat. A lot. Monthly office lunches and regular offsite social events let us fill our bellies, clear our heads, and come back to work focused and fired up.

Careers

As a leading innovator in FinTech, Paramount needs motivated, talented people to support our explosive growth. If you’d like to be part of the solutions transforming the world of ecommerce, we invite you to join our team. Drop us a line.

Available Positions

Contact Us

Paramount is headquartered in Toronto, Canada and has additional offices in Vancouver, Malta, and London.


Head Office – Toronto, Canada

510-720 King Street West, Toronto, ON, Canada, M5V2T3

London, England

120 New Cavendish Street, London, W1W 6XX

Sliema, Malta

Lvl 5, de Tigne', 77, Fawwara Lane Sliema, SLM1670, Malta

Vancouver, Canada

710 - 4211 Kingsway 
Burnaby, BC, Canada, V5H1Z6