Nuvei teams up with Early Warning Services to bring Paze to more merchants and consumers
Nuvei today announced a partnership with Early Warning Services, to bring Paze, an online checkout solution available in the US, to more merchants and consumers.
Paze checkout offers enhanced security because actual card numbers with secure tokens are used during transactions.
Through this partnership, Nuvei will integrate Paze checkout into its payments platform, enabling U.S. merchants to offer a streamlined checkout where consumers can checkout using the credit and debit cards they already have with participating financial institutions – without the need to manually enter card details or create a separate account profile at time of checkout.
Paze is designed to simplify checkout and provide added security by leveraging tokenization that replaces sensitive credit and debit card account numbers with single-use, unique tokens and dynamic identifiers. This process helps protect consumers’ actual card numbers and reduce friction at checkout, to help drive conversion rates for merchants and decrease the number of abandoned carts.
“Friction at checkout remains one of digital commerce’s biggest challenges, and our merchants are always looking for better solutions,” said Phil Fayer, Chair and CEO of Nuvei. “Partnering with Early Warning Services to bring Paze to checkout lets us deliver a faster, more convenient experience that’s already familiar to consumers through their bank or credit union. By combining Nuvei’s global reach, local acquiring expertise, and advanced fraud prevention with Paze’s tokenized wallets, we’re helping merchants boost conversion, reduce abandonment, and grow their businesses worldwide.”
“Nuvei’s scale and merchant network make them a strong partner to help expand the availability of Paze checkout to more online merchants and their consumers,” said Eric Hoffman, Chief Partnerships Officer, Early Warning Services. “By combining the Paze digital wallet with Nuvei’s payments expertise, we’re making online checkout fast and convenient.”
The partnership will make Paze checkout available to Nuvei’s extensive merchant network in the U.S., which collectively processes billions of consumer transactions annually. Merchants integrating Paze into their checkout experience through Nuvei will be able to:
- Help reduce cart abandonment by decreasing friction from the checkout process;
- Offer customers a payment option linked to their financial institution;
- Leverage tokenization to help protect sensitive credit and debit card numbers;
- Access Paze checkout through a single Nuvei integration without additional development overhead.