About Us

Paymetric, Inc. provides innovative software solutions for managing, protecting, and integrating payment card transactions in enterprise systems, most notably SAP. These solutions enable companies to improve return on card acceptance, optimize purchasing card programs, and reduce barriers to data security compliance. Paymetric is an Austin Ventures portfolio company, an award-winning SAP Software Partner, and an SAP Pinnacle award recipient.

Company History

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.