About
The Paramount Story
In the early 2000s, Paramount achieved something that had never been done before.
We launched the first product that enabled customers to make purchases online directly from their bank account without the need to fund an ewallet or leave the merchant’s transaction flow.
The stringent environment for compliance in customer-not-present transactions honed our risk management capabilities, and we now boast state-of-the-art verification technology on top of our expertise in bank-based payment processing.
Company Highlights
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2003Company founded
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2004First payment product launches globally
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2006Over $1Billion in transactions processed
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2008Online banking payment product launches in U.S.
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2010First patent for bank innovation technology received
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2011Malta office opens
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2011Second patent granted
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2012Mobile launch of all products
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2012Online banking payment product launches in Canada
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2013Regulated U.S. gaming in New Jersey launch
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2014Paramount supports verified payments in 30+ countries
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2014Processing for every regulated operator in U.S. gaming
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2014Paramount acquires Citadel Commerce
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2015Remittance product launches in Mexico
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2016Remittance product launches in Canada and the U.S.
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2017All Paramount servers migrated to the cloud
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2018Launch of verification solution in Canada and the U.S.
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2018Launch in regulated U.S. sportsbetting