
Paze is a feature that allows you to track and manage your credit card spending in real-time. It's a game-changer for anyone who's struggled to keep tabs on their expenses.
Paze integrates with your credit card account to provide a comprehensive view of your spending habits. This means you can see exactly where your money is going, down to the last transaction.
With Paze, you can set budgets and alerts to stay on top of your spending. This helps you avoid overspending and stay within your means.
What is Paze for Credit Cards
Paze is a digital payment option that was introduced to the market in 2024, backed by seven of the country's largest banks. It allows you to make secure payments to online merchants and e-commerce sites without creating a new account or downloading an app.
One of the key benefits of Paze is that it doesn't require you to enter your credit card numbers or create a new password. Your Paze account is synced to the email address tied to your debit and credit cards.
Paze doesn't have any fees, which is a major advantage over other digital payment options. This means you can use it without worrying about extra charges.
To use Paze, you simply need to verify your email and choose your payment method from the options available. Eligible cards from participating financial institutions are automatically displayed when using Paze.
Here are some of the key features of Paze:
- No app to download.
- No passwords or usernames.
- No Paze fees.
If you don't have an account at a bank or credit union affiliated with Paze, you can't use it as a payment option. This means you'll need to have a participating financial institution to use Paze.
How to Use Paze
You can use Paze at any participating online business or merchant, but you might only see it at select retailers for now. Paze is continuing to add new merchants, so the options will be growing soon.
To get started, look for the Paze button near other digital payment options like Apple Pay or Google Pay at checkout. Once you've selected Paze, you'll need to verify your identity. Paze will ask you to enter the email address associated with your bank account.
You'll then be asked to verify your identity via two-factor authentication. After that, your payment options will be displayed, and you can choose which card you want to pay with. You can complete your transaction as usual.
Here's a quick rundown of the Paze verification process:
- Enter the email address associated with your bank account.
- Verify your identity via two-factor authentication.
- Select your payment option and complete your transaction.
Keep in mind that Paze's account info is based on your email address, so if you have multiple email addresses associated with different financial institutions or bank accounts, Paze will only display the ones associated with the email address you enter.
How to Use
You can use Paze at any participating online business or merchant, although it's still a relatively new payment option, so you might only see it at select retailers.
Paze is continuing to add new merchants, so keep an eye out for it at your favorite online stores.
To use Paze, you'll see it as a button near other digital payment options, like Apple Pay or Google Pay, at checkout.
The first time you use Paze, you'll need to verify your identity by entering the email address associated with your bank account.
Paze will then ask you to verify your identity via two-factor authentication.
Once you've done that, your payment options will be displayed, and you can choose which card you want to pay with and complete your transaction.
Paze's account info is based on your email address, so if you have multiple email addresses associated with different financial institutions or bank accounts, Paze will only display the ones associated with the email address you enter.
You can check which financial institutions currently offer Paze by going to Paze.com.
Here's a quick rundown of the steps to use Paze:
- Enter the email address associated with your bank account.
- Verify your identity via two-factor authentication.
- Choose which card you want to pay with and complete your transaction.
Paze supports eligible credit cards issued by participating financial institutions, so make sure your card is eligible before you start shopping.
Reasons to Use
Using Paze is a game-changer for online security and convenience. Your actual card number is replaced with a unique number at checkout, ensuring your sensitive information remains protected.
You don't need to enroll in Paze or upload your cards - eligible ones will automatically display in your checkout experience. This makes it easy to use Paze without any extra hassle.
To check out with Paze, simply enter your email address - no need to enter your card number. This streamlined process makes it quick and easy to complete your transactions.
Security and Benefits
Paze's security features are a major draw, especially for those who value their financial information. Your card numbers are not shared with the merchant, and Paze uses a token system that replaces your card numbers with a random string of letters and numbers.
This means your actual card number isn't shared during online transactions. It's a clever way to keep your information safe, and it's one less thing to worry about when shopping online.
Paze also makes it easy to update your payment information if your card is lost or stolen. Because Paze is linked to your bank, your new card will automatically update with Paze, so you don't have to lift a finger.
The benefits of Paze are numerous, but some of the main advantages include its convenience, ease of use, and the fact that it's offered by banks and credit unions.
Here are some of the key benefits of Paze:
- Paze uses a unique code when you pay so your actual card number isn't shared.
- Paze is easy to use. There are no new passwords to memorize and there’s no need to manually enter your card details.
- It's offered by the financial institutions that you already use.
Security Features
With Paze, you don't need to enter your debit or credit card number and information into the digital wallet, which is a big plus for security.
Paze uses a token system that replaces your card numbers with a random string of letters and numbers that represent your card number, so your actual card number isn't used during online transactions.
This means you don't have to worry about your card number being compromised in case your card is lost or stolen.
If your card is lost or stolen, your new card will automatically update with Paze, so you don't need to update your payment information.
Benefits
The benefits of Paze are numerous and convenient. Paze is offered by banks and credit unions, making it a trusted and familiar option.

One of the main advantages of Paze is that it uses a unique code when you pay, so your actual card number isn't shared. This adds an extra layer of security to your transactions.
Paze is also incredibly easy to use. There are no new passwords to memorize and no need to manually enter your card details. This makes it a breeze to shop online or in-store.
Here are some of the key benefits of Paze:
- Paze uses a unique code when you pay so your actual card number isn't shared.
- Paze is easy to use. There are no new passwords to memorize and there’s no need to manually enter your card details.
- It's offered by the financial institutions that you already use.
With Paze, you don’t need to sign up or download a new app.
Why Choose Paze
Choosing Paze for credit cards makes sense because it offers a comprehensive credit card management platform.
Paze allows you to track your credit card spending in real-time, giving you a clear picture of your expenses.
With Paze, you can also receive personalized spending recommendations to help you save money and make the most of your credit limit.
Paze is a user-friendly platform that integrates with your existing credit card accounts, making it easy to monitor your spending on one dashboard.
By using Paze, you can stay on top of your credit card payments and avoid late fees.
Paze's advanced analytics help you identify areas where you can cut back on unnecessary expenses and make more informed financial decisions.
Differentiating Digital Wallets
Digital wallets are a dime a dozen these days, but Paze stands out from the crowd. According to Statisa, digital wallets accounted for 49% of total eCommerce transaction value in 2022.
Unlike many digital wallets, Paze isn't an app-based service. This means users don't have to download yet another app to make transactions and authenticate payments.
By being a button on a merchant's website, Paze reduces friction and makes transactions smoother. Users can load their cards directly without needing to juggle between multiple apps.
Customers of the seven banks backing Paze will find that most of their cards have already been added to their Paze wallet, making onboarding effortless and useful from the very first push of the button.
Big Banks Charge Fees
Big banks are known to charge fees, and it's essential to be aware of them when using Paze. Paze is a new online checkout option that promises a seamless experience.
Paze's direct bank integration is its selling point, but it's worth noting that other wallets require you to enter the whole wallet first, then save it. This can be a hassle, especially if you have multiple cards.
Frequently Asked Questions
Which banks use Paze?
Paze is used by major banks such as Chase, Bank of America, Capital One, PNC, Truist, U.S. Bank, and Wells Fargo. These participating banks offer Paze as an online checkout solution.
Does Chase automatically add you to Paze?
Yes, Chase automatically adds eligible credit and debit cards to a Paze wallet. You can opt out by contacting Chase or through Paze once they've added your cards.
Sources
- https://www.chase.com/personal/credit-cards/education/basics/what-to-know-about-paze
- https://card.myaccountaccess.com/credit/paze.do
- https://www.finder.com/banking/paze-digital-wallet
- https://www.spreedly.com/blog/examining-paze-digital-wallet
- https://www.cardsftw.com/cardsftw-118-did-we-really-need-another-checkout-experience/
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