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Founded in 2004 in Germany, PAY.ON AG specialized in providing robust, white-label e-commerce payment processing technology. Its core product, PayPipe, was a modular SaaS platform that connected payment providers to a global network of over 300 acquirers and alternative payment methods. The company's mission was to simplify global payment processing by offering a single, unified API for its clients. In November 2015, PAY.ON was acquired by ACI Worldwide for approximately €180 million, and its technology and expertise were integrated into ACI's UP eCommerce Payments solution to strengthen its global online and mobile payment capabilities.
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Financial