Originally founded in 2006 as Sage Payment Solutions, the company was later acquired by GTCR in 2017 and rebranded as Paya. Paya specializes in providing integrated payment solutions that seamlessly connect with its clients' enterprise software (ERP, business management software, etc.). The company offers a suite of services including credit/debit card processing, ACH processing, and check processing, focusing on serving vertical markets such as B2B goods and services, healthcare, non-profit, and government. In February 2023, Paya was acquired by Nuvei Corporation for $1.3 billion to expand Nuvei's integrated payment capabilities in the U.S.