Introduction

Paze^SM offers Merchants a simple, and convenient way for their consumers to provide them with checkout information. A consumer’s Paze Wallet contains payment, contact, and shipping information. Their credit and debit card, contact, and address data are derived from participating issuers’ records. Contact and shipping information can be updated or augmented over time as a consumer shops with Merchants that accept Paze. Consumers may also update their contact and shipping information directly with their Issuer.

Paze returns tokenized payment credentials as well as other data required to submit a Payment Transaction for approval. This information can be used by a Merchant to initiate payment processing, or can be handed off to a dedicated payment processor.