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General Information

Websitepaymetric.com
Twitter@Paymetric
CategorySecurity
Phone(678)-242-5281
Emailinfo@paymetric.com
Employees
Founded1998
DescriptionPayment card solutions

Offices

Corporate Headquarters
11175 Cicero Drive
Building 200, Suite 175
Alpharetta, GA, 30022
USA

People

CEO
CFO
CDO
CMO
Vice President
Senior Vice President

Funding

TOTAL $26M
FUNDING TOTAL $26M
Series A, 1/05
Austin Ventures
$7M
Venture Round, 1/09
Austin Ventures
$11M
Series B, 8/09
Palomar Ventures
Austin Ventures
$8M

Tags

Paymetric

Paymetric, Inc. provides innovative solutions for managing, protecting and integrating payment card transactions in enterprise systems, such as SAP and legacy ERP, CRM and accounting applications. Paymetric customers benefit by improving return on card acceptance, optimizing purchasing card programs and reducing barriers to data security compliance. An Austin Ventures portfolio company, Paymetric is an award-winning SAP partner and a certified SAP developer.

Formed in 1998 in Houston, Texas, Paymetric was founded by two former SAP employees with the vision of delivering advanced payment solutions for large enterprise customers. This vision was driven by a consistent and costly customer problem – enterprise accounting systems are not able to handle electronic payments as part of normal data flows and business processes. Fragmented data and workflows generate slow, costly, and unreliable results from critical business processes. System patches implemented in an attempt to minimize this problem result in added costs, maintenance challenges, and compliance issues. The vision for a solution that operates as a fully integrated and native component of ERP systems led to the development of XiPay, an intelligent transaction processing engine that is the core component of Paymetric’s modular payment processing solutions.

Recent Milestones

Videos

Screenshots

Products

PCMATM
XiBuy
XiPay
XiPayNet
XiSecure

Sources

  1. Paymetric Announces $7 Million Funding From Austin Ventures; John Thornton and Mike Rovner of Austin Ventures Named to Board of Directors (telecommunications.tmcnet.com) [edit]
  2. Paymetric Sells XiBuy App (pehub.com) [edit]
  3. E-payment startup Paymetric raises $8M in venture capital (localtechwire.com) [edit]
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Last Edited 4/1/13

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