A new approach to banking
Bank-level data verification enables your customers to open new accounts without ever visiting a branch, and our payment channel innovation lets banks participate in ecommerce like never before.
Bank-level data verification enables your customers to open new accounts without ever visiting a branch, and our payment channel innovation lets banks participate in ecommerce like never before.
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.