News

Paramount Commerce wins Payment Provider of the Year at SiGMA Americas

15?June?2022


(PRESS RELEASE) -- Paramount Commerce, a global bank-account-based payments provider, is proud to be the go-to payments partner for gaming merchants expanding into Ontario's newly-regulated iGaming market. Paramount Commerce's solutions are on the cashiers of the top iGaming and sports betting operators such as theScore Bet and bet365.

Paramount Commerce has been actively involved in AGCO and iGaming Ontario's industry consultation process. In anticipation of Ontario's iGaming market launch, the company made product enhancements that include geolocation and proof of account ownership. Through our solutions, players can fund their gaming wallets with regulated merchants and receive verified payouts straight into their bank accounts, safely and securely.

On 8 June, the payments provider's industry contributions were recognized as Paramount Commerce won Online Payment Provider of the Year at the 2022 SiGMA Americas Awards hosted by SiGMA - World's Gaming Festival.

"The role of payments in the iGaming industry is as a partnership with the operators, but that is more true now than ever before," said Dave Roe, COO at Paramount Commerce. "We have seen our role evolve. We now also take on an advisory role to international gaming merchants looking to get regulated in Ontario. Our hands-on approach as an industry insider has played a big part in Paramount Commerce winning Payment Provider of the Year."

The award follows last week's news that Paramount Commerce launched Instant Bank Transfer in Canada, a product proven in the North American online gaming and sports betting markets.