What is Paze, and how does it work?

Paze^SM is a new way to check out online that’s offered by major financial institutions, including Capital One. It gives customers a way to check out online without entering their actual card number or downloading a third-party payment app.

Keep reading to learn more about Paze and the benefits it offers Capital One customers.

What you’ll learn:

• Paze is offered by Capital One and other participating financial banks and credit unions.

• Paze allows you to make online purchases without sharing your actual card number with merchants.

• Checkout with Paze is fast and easy since you don’t need to download a separate app or set up a new username and password.¹

• With Paze, you can access all eligible payment cards you have across any participating financial institution, and you don’t have to worry about updating card information.

Shoppers can use Paze to make online purchases at participating merchants. It’s an online checkout option offered by major financial institutions, including Capital One. Paze allows you to use eligible credit and debit cards from any participating financial institution without having to manually enter the actual card number at checkout.

Additionally, Paze isn’t a separate application that needs to be downloaded to your device. Instead, you can use Paze anytime you see it as a checkout option at an online merchant.

Here’s a look at the Paze checkout experience:

1. When you’re ready to check out at a participating online merchant, depending on the merchant, you can either enter the email address associated with your Capital One account to launch Paze or select the button with the Paze logo as your checkout option.

2. If you’ve not yet activated Paze, you’ll be prompted to verify your identity by entering a one-time SMS passcode and the CVV number of one of your eligible cards.
   
   Tip: You can also activate Paze by signing in to your Capital One account online or in the mobile app. 
    

3. Your eligible credit and debit cards from Capital One and other participating financial institutions will automatically be listed for you to choose from. Select the card you’d like to use.

4. Confirm or update your information, then complete your online purchase.

5. Using a technology called tokenization, Paze replaces your actual card number with a unique number that’s linked to your account, providing added security for your transaction because your actual card number is never shared with merchants.

Here are the top reasons cardholders might consider using Paze to check out online:

Paze is both convenient and easy to use. For instance, with Paze:

• Your card information is updated automatically: Because Paze is linked to your account, your financial institution will automatically update your card information in your Paze wallet when a new physical card number is issued. You won’t have to worry about accidentally trying to check out with an expired card.

• There’s no separate app to download or set up: That means there is no new Paze-related username and password to create,¹ and there’s no need to manually add cards to Paze since eligible cards will automatically be made available for use once you activate Paze.

• All your cards are in one place: Paze allows you to seamlessly choose between all the eligible cards you have across participating financial institutions.

Paze offers added security for online checkout. Here’s how:

• Your actual card numbers aren’t shared with merchants: Paze uses tokenization to keep your actual card numbers private.

• Paze verifies your identity: Paze uses 2-factor authentication to verify your identity before each purchase.

• Paze is a feature of your Capital One account: With Paze, you don’t need to share your sensitive information with a 3rd-party application. Plus, you can activate Paze and manage the Capital One cards in your Paze wallet online at capitalone.com or in our mobile app.

Here are answers to some frequently asked questions about Paze:

Paze offers customers the convenience of a digital wallet without the hassle of entering a username and password or downloading an app. Because it’s offered by financial institutions you already have a relationship with, you can easily check out with Paze using the email address linked to your accounts while knowing your actual card numbers are not shared with merchants.

Learn more about Paze.