Paramount Commerce for Compliance: Meet Regulatory Requirements

Paramount Commerce for Compliance: Meet Regulatory Requirements cover
Product update

Paramount Commerce for Compliance: Meet Regulatory Requirements

March 24, 2022

Ontario’s regulated iGaming marketplace is launching on April 4th, 2022. In preparation for the go-live of Ontario’s market, we’ve made a series of updates to our products. 

Through new features, we will support our merchants with the ability to be compliant or add an additional layer to their compliance controls.

At a high level, our new features help to confirm: 1) bank account ownership and 2) a consumer’s physical location. The approaches for bank account ownership may vary by product while identifying consumer location is similar across products.

Bank account ownership

How does it work?

  • The ownership feature matches the name the consumer used to sign up on the merchant’s site with the name on their bank account and/or registered for Interac e-TransferⓇ.

What’s in it for you?

  • These features ensure that only transactions where the names match or the account has been verified by micro-deposit will be successful

Consumer location

How does it work?

  • Our products support geolocation of the consumer’s IP address

  • We have the ability to block consumer traffic based on location and the status of the merchant’s license

What’s in it for you?

  • This feature can add an additional layer to your existing controls by blocking consumers in Ontario from accessing unlicensed sites


While expanding into a new geography can be daunting, we are here to support you as a strategic partner with new features, industry insights, and a dedicated team.

Do you have additional questions on how our products can help you overcome compliance hurdles? Talk with our team of experts, so you can get in the game.

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