Company Information

Get to know Paramount Commerce

Founded in 2003, Paramount Commerce is a leading provider of digital payment solutions, enabling seamless and secure transactions directly from a consumer's bank account. The company's mission is to offer innovative and convenient payment options for e-commerce, focusing on bank-account-based methods like INTERAC® Online and Online Banking Bill Payments. By connecting merchants directly to their customers' online banking, Paramount Commerce facilitates real-time payments, reduces fraud risk, and simplifies the checkout process, positioning itself as a key player in the Canadian online payments landscape.

Industry

Financial PSP GatewayPRIMARY
Financial Banking
Financial Other Service

Contact

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Paramount Commerce

Canada

Founded in

01 Jan 2003 (23 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.