Fiserv Inc. announced late Tuesday it will begin offering Paze, the online-payment system from Early Warning Services LLC, to financial institutions. Fiserv will, in addition, support Paze across its e-commerce payments platform.

The collaboration with Fiserv is expected to help Paze significantly expand its reach to banks and credit unions of all sizes, Early Warning says. Currently, seven of the nation’s largest banks, including Bank of America, Capital One, Chase, PNC, Truist, U.S. Bank and Wells Fargo, support Paze. The same seven financial institutions own Early Warning.

, which launched in 2023 and began rolling out across the United States last year, allows consumers to make online purchases without sharing card numbers with merchants.

This partnership with Fiserv is another significant milestone in scaling Paze. It extends our reach to thousands of financial institutions and merchants, accelerating our ability to deliver on Paze’s promise: a simple and convenient checkout experience with added security through tokenization,” Eric Hoffman, chief partnerships officer for Early Warning Services, tells Digital Transactions News by email. “We see this as just the beginning—Paze is positioned to become a foundational part of the digital commerce ecosystem.”

The collaboration with Fiserv on Paze builds on Fiserv’s support of , Early Warning’s peer-to-peer payments network. That relationship helped provide a “foundation of trust, execution, and shared vision” that allowed the two companies to “move quickly and thoughtfully” in expanding Paze, Hoffman adds. 

For Fiserv, the inclusion of Paze in its e-commerce suite enables to provide financial institutions with “a convenient online checkout experience,” for their customers, Matt Wilcox, deputy head, financial solutions and president of digital payments for Fiserv, says by email.

Paze simplifies online checkout by eliminating the need for consumers to manually enter card data, usernames, and passwords, or to open a third-party app to make a purchase. Cardholder data stored within the Paze wallet is . To make a purchase using Paze, consumers click on the Paze button at checkout and enter their email address. Next, consumers are sent a one-time passcode to their mobile device to be entered at checkout. They then select the card within their Paze wallet they want to use for the transaction.

“Tokenization enhances security and privacy — two core expectations for any digital-checkout experience today,” Hoffman says. “By replacing card numbers with a secure token, Paze helps to protect consumer data and reduce fraud risk. It also gives consumers and merchants added confidence at checkout, which is essential for driving adoption and enhancing trust in any new checkout solution.”

Merchants accepting Paze include Fanatics, United Airlines, 1-800-Flowers, and Sephora, according to Early Warning. In addition, small businesses with a GoDaddy Online Store using GoDaddy Payments can accept Paze transactions.