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Paramount Commerce

Paramount Commerce

Pay-by-bank payments platform for merchants

Account Manager

Full-Time
CA$80k - CA$100k/yr

+ Quarterly variable pay

Senior
Toronto, ON, Canada
Hybrid

One day on-site per week, on Thursdays in the Toronto office.

About the job

Requirements
  • At least 5 years of experience in account management, e-commerce, or business-to-business sales, managing the full lifecycle from onboarding to growth.
  • A data-informed approach to identifying processing trends and turning them into clear, actionable advice for merchants.
  • Strong organizational skills, the ability to manage shifting priorities, and the ability to solve problems independently.
  • Proficiency in Excel and substantial experience using a customer relationship management system.
  • Presentation, listening, and negotiation skills.
  • Willingness to travel within North America as needed.
Responsibilities
  • Serve as the primary point of contact and trusted advisor for a portfolio of merchants, owning their satisfaction, retention, and experience.
  • Build merchant relationships through consultative engagement and educate merchants on product features, new offerings, and industry trends.
  • Conduct regular business reviews to confirm merchants are receiving value, address issues, and identify improvement opportunities.
  • Provide guidance on industry regulations, compliance requirements, product updates, and project milestones.
  • Handle routine operational requests and complex projects or integrations, removing roadblocks to drive adoption and value.
  • Manage service requests, gather product feedback, and drive escalations through resolution.
  • Achieve revenue targets within assigned accounts through strategic relationship management and consultative engagement.
  • Understand each merchant’s business model to position and upsell solutions, grow the portfolio, and optimize payment performance.
  • Build and execute account plans, leading upsell and cross-sell of additional Pay by Bank products and functionalities.
  • Monitor processing activity, analyze trends, communicate insights to merchants, and proactively flag risk.
  • Develop deep knowledge of payment technology and services and communicate product capabilities to meet merchant needs.
  • Monitor competitive offerings, industry trends, and regulatory changes to inform account and sales strategy.
  • Partner with Sales, Customer Support, Operations, Finance, Product, Risk, and Marketing to resolve inquiries and relay merchant feedback.
  • Collaborate with Marketing and Product on tailored initiatives that strengthen merchant partnerships when supported by a strong business case.
  • Use the customer relationship management system to manage the full account and sales cycle, track pipeline, and report accurately on activity and outcomes.
Desired Qualifications
  • Experience in fintech, payments, or technical sales.

About the company

Paramount Commerce helps Canadian merchants process payments by bank transfer as a pay-by-bank partner. Its platform enables one-click payments with patented technology, backed by risk management and seamless integration. It differentiates itself by being Canada's leading pay-by-bank partner with over 20 years of experience, millions of users, and more than $100 billion processed. Its goal is to simplify payments in Canada, delivering easy, trustworthy experiences for both merchants and consumers.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

2003

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Simplify's Take

What believers are saying

  • May 2026 top-line traction: more than 4 million active Canadian consumers.
  • BMO, TerraPay, and MoonPay partnerships expand distribution into banking, remittance, and crypto.
  • Clik2pay expands product breadth and cross-sell into telecom, lending, and collections.

What critics are saying

  • Payments Canada RTR approval stalls; competitors reach direct rails first in 2026.
  • Interac dependency concentrates platform risk and pricing pressure from network rule changes.
  • A failure to retain 4 million active users would break its scale narrative.

What makes Paramount Commerce unique

  • Payments Canada member status positions Paramount for direct RTR participation.
  • Interac e-Transfer for Business powers pay-by-bank and payout rails across Canada.
  • Clik2pay acquisition adds e-billing, collections, and platform integrations like Shopify and Salesforce.

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Benefits

Health Insurance

Dental Insurance

Wellness Program

401(k) Company Match

Hybrid Work Options

Paid Vacation

Parental Leave

Volunteer Days

Company News

Paramount Commerce
Jun 24th, 2025
TerraPay Partners with Paramount Commerce for Real-Time Payouts in Canada

TerraPay, a global money movement company, has partnered with Paramount Commerce, Canada's leading pay by bank provider, to enable real-time payouts to Canadian bank accounts via Interac e-TransferR for Business.

EIN News
May 7th, 2025
Paramount Commerce Collaborates with BMO to Enhance Pay-by-Bank Payment Processing

Paramount Commerce collaborates with BMO to enhance pay-by-bank payment processing.

EIN News
Feb 5th, 2025
Paramount Commerce wins Payment Provider of the Year at Pan Finance Awards

Paramount Commerce wins Payment Provider of the Year at Pan Finance Awards.

EIN News
Dec 9th, 2024
Paramount Commerce Caps Off 2024 with 3 Million Customers

Paramount Commerce has surpassed 3 million customers, cementing its role as Canada's top pay by bank provider

EIN News
Nov 25th, 2024
PowerPlay Partners with Paramount Commerce to Strengthen Localized Payment Options for the Canadian Market

TORONTO, ON, CANADA, November 25, 2024 / EINPresswire.com / - PowerPlay, a prominent online sportsbook & casino, has announced a new partnership with Paramount Commerce, the leading Canadian pay by bank provider.