Paze

Paze
TypePrivate
Industry
Headquarters
Scottsdale, Arizona
,
United States
ParentEarly Warning Services, LLC
Websitepaze.com

Paze is an American online payment system, supported by several United States banks. Paze can be used by customers to make purchases online, without sharing their card number with the retailer, adding an extra layer of security.

History

Paze launched in 2023 as a digital wallet developed by Early Warning Services, a consortium of banks including Bank of America, Capital One, JPMorgan Chase, PNC Bank, Truist, US Bank, and Wells Fargo. In October 2024, EWS hired Serge Elkiner, formerly of Visa, to serve as Paze's general manager. At this time, the service contained approximately 125 million debit and credit cards belonging to consumers with accounts at Early Warning financial institutions. It was also being used as a checkout option by companies such as United Airlines and Sephora.

In 2025, Paze and Nuvei formed a distribution partnership that made Paze a checkout option for approximately 100,000 Nuvei merchants. The Atlanta Hawks announced in September 2025 that Paze would become its jersey patch sponsor for the next five NBA seasons. In March 2026, Citibank began offering Paze to its eligible cardmembers. This partnership expanded the scope of Paze's service to approximately 165 million debit and credit cards. Paze also became more widely used by retailers in 2026, including national food chains such as Dunkin' and Wendy's.

References

  1. ↑ Kartashova, Anya (June 22, 2026). "Paze Introduces Limited-Time Offer Worth Up To $100 Per Card". Forbes. Forbes Digital Marketing Inc. Retrieved July 4, 2026.
  2. ↑ Andiotis, AnnaMaria (January 23, 2023). "Banks Plan Payment Wallet to Compete With PayPal, Apple Pay". Wall Street Journal. Retrieved June 10, 2026.
  3. 1 2 Cooley, Patrick (November 7, 2024). "Paze gets new leader amid slow start". Payments Dive. Retrieved June 10, 2026.
  4. 1 2 Fabbro, Rocio (October 1, 2024). "A PayPal and Apple Pay rival from the big banks is aiming big". Quartz. Retrieved June 10, 2026.
  5. ↑ Pizzolato, Joey (September 9, 2025). "Early Warning lands new distribution deals for Zelle, Paze". American Banker. Retrieved June 11, 2026.
  6. ↑ Williams, Lauren (September 29, 2025). "Hawks partner with online payment system, Paze, for new jersey patch". Atlanta Journal-Constitution. Retrieved June 11, 2026.
  7. ↑ Cooley, Patrick (March 17, 2026). "EWS pairs with Citi to offer Paze". Payments Dive. Retrieved June 10, 2026.
  8. ↑ Reid, Ru (June 1, 2026). "Paze Signs Elizabeth Banks, Gabrielle Union for Checkout Push". DesignRush. Retrieved June 10, 2026.