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Paragon Payment Solutions Company Overview
Paragon Payment Solutions is an integrated payments provider founded in 1994 and headquartered in Tempe, Arizona. Operating as a division of Blue Parasol Group, LLC and later acquired by Paya, it offers a payment platform tailored to software providers (ISVs) and merchants. Its technology stack—branded PURE®—supports features like point-to-point encryption, tokenization, hosted payments, mobile SDKs, virtual terminals, ACH processing, and comprehensive reporting. The company emphasizes API-driven integrations, flexibility across different partnership structures (such as referral, ISO, and PayFac models), and streamlined PCI compliance. Paragon positions itself as a boutique provider offering secure, scalable, and transparent payment solutions for embedded-commerce environments.
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