Lessons from the past for the benefit of future endeavors
Originally, the creator of Payment21®, was involved in online marketing and e-commerce software development. The company managed several Internet websites selling various products to consumers internationally, thus gaining expertise as an active online merchant. From this humble beginning in 2002, the founders transformed the business into a technology company specialized in alternative Internet payment methods offering SaaS billing solutions with a focus on cross-border direct debit. Subsequently, the firm became an industry innovator in developing transaction-based Web services.
In 2006, the company tackled a legacy problem in the industry. To enable online check payments, our team introduced Check21 imaging technology, which allowed merchants to digitize paper checks.
After teaming up with global industry leaders, the company expanded its services to cryptocurrency, and incorporated all assets into a new proprietary software platform that represents the foundation of today’s processing technology. Currently, BK, powers the technical infrastructure of Payment21.com.
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