Nuvei today announced a partnership with early warning services to bring PAZE, an online checkout available in the US, to more traders and consumers.
PAZE Checkout offers improved security because real numbers of safe cards are used during transactions.
Through this partnership, Nuvei will incorporate the PAZE Checkout on the payment platform, allowing our traders to offer a rational fund where consumers can childbirth using the credit and debit cards already with the participant financial institutions – without having to create a card with no. during checkout.
PAZE is designed to simplify checkout and provide additional security with tokenization leveraging that replaces sensitive credit and debit card numbers with unique use, unique brands and dynamic identifiers. This process helps to protect the actual consumer card numbers and reduce friction at the completion of the Fund, to help drive conversion rates for traders and reduce the number of abandoned trolleys.
“Friction in checkout remains one of the biggest challenges in digital trade and our traders are always looking for better solutions,” said Phil Fayer, Nuvei’s chairman and chief executive. “Cooperation with early warning services to bring the PAZE to checkout allows us to deliver a faster, more convenient experience that is already familiar with consumers through their bank or credit union, combining Nuvei’s worldwide range, local specialization and local PAZE. reinforce, reduce Abandon and develop their businesses worldwide, local enjoyment of expertise, and advanced prevention of fraud with PAZE worldwide wallets.
“Nuvei’s scale and commercial network make them a strong partner to help extend the availability of PAZE Checkout to more online traders and their consumers,” said Eric Hoffman, head of corporate relationships, early warning services. “Combining the PAZE digital wallet with Nuvei’s payment know -how, we do online checkout quickly and convenient.”
The partnership will make the checkout paze available on Nuvei’s extensive network of traders in the US, which is processing collectively billions of consumer transactions annually. Merchants who incorporate PAZE into checkout experience through Nuvei will be able to:
- Help reduce the abandonment of the basket by reducing friction from the Fund process.
- It offers customers a payment option associated with their financial institution.
- Tokenization leverage to protect sensitive credit and debit card numbers.
- Access to PAZE Checkout through a single Nuvei integration without additional growth growth.