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

  • Timeline Event Marker
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    2003
    Company founded
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  • Timeline Event Marker
    2004
    First payment product launches globally
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    2006
    Over $1Billion in transactions processed
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    2008
    Online banking payment product launches in U.S.
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    2010
    First patent for bank innovation technology received
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    2011
    Malta office opens
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    2011
    Second patent granted
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    2012
    Mobile launch of all products
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    2012
    Online banking payment product launches in Canada
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    2013
    Regulated U.S. gaming in New Jersey launch
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    2014
    Paramount supports verified payments in 30+ countries
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    2014
    Processing for every regulated operator in U.S. gaming
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    2014
    Paramount acquires Citadel Commerce
    Paramount acquires Citadel Commerce icon
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    2015
    Remittance product launches in Mexico
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    2016
    Remittance product launches in Canada and the U.S.
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    2017
    All Paramount servers migrated to the cloud
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    2018
    Launch of verification solution in Canada and the U.S.
    Launch of verification solution in Canada and the U.S. icon
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    2018
    Launch in regulated U.S. sportsbetting