Simplifying payments is Paramount.

The Paramount story

Paramount Commerce was founded in 2003 with a simple vision: make it easy to pay online directly from a bank account. Today, our real-time payment solutions power billions in pay by bank volume for businesses and consumers. This is how we got here.

A better way to pay by bank

In the early 2000s, paying online directly from a bank account wasn’t possible. The only option was to fund an e-wallet— a slow, clunky process that could take up to two business days to move money in and out of a bank account.

We knew there had to be a better way

So, we built it. Paramount launched the first solution that enabled online payments directly from a bank account—with instant access to funds. No e-wallets, no unnecessary steps.

Our mission:
simplify payments

We’re on a mission to simplify payments—full stop. From making payments faster and more intuitive to reducing friction in fraud prevention, compliance, and user experience, we believe payments shouldn’t be complicated.

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Where we are now

Over the past 20 years, we’ve grown into one of the leading pay by bank providers. We’ve processed over $100 billion in payments for some of the world’s most recognized brands—thanks to the businesses that believe in our mission and trust us to move their money. 
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We partner with Canada’s top banks and payment networks like Interac® to deliver real-time, secure payments and verification solutions for high-growth industries.

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What’s next?

This is just the beginning. We have goals–big hairy audacious goals–to become the largest pay by bank partner in Canada. We’re committed to pushing the boundaries of fintech—not just following trends, but shaping them.

Join our team to build the future of fintech