Aurus Integrates Paze to help U.S. Merchants Ease Online Checkout

Boston, Massachusetts Feb 28, 2024 (Issuewire.com) – Aurus Integrates Paze to help U.S. Merchants Ease Online Checkout

PazeSM becomes the first online checkout solution available to U.S. merchants offered by their shoppers’ participating banks or credit unions

With e-commerce expected to continue growing and consistently surpassing total retail growth worldwide, Aurus, Inc. today announced a partnership with Early Warning Services to offer PazeSM, a convenient way to check out online. Through the relationship, retailers using Aurus, Inc. and its payment processing platform can offer their online customers a quick and convenient checkout option with an experience they can count on from their bank or credit union.

“With online shopper expectations higher than ever before, Paze offers a convenient choice among eligible and frequently used cards from participating banks and credit unions, combining them into one online checkout solution. One of the key benefits is that Paze offers merchants an easy integration without an additional transaction fee for participation,” said Rishi Soni, Vice President of Client Relations at Aurus, Inc. “We are confident that by offering Paze, we’re continuing to enhance the e-commerce experience with effortless and embedded options to checkout while enhancing security through tokenization.”

Paze was designed with merchants – and their consumers – in mind, ultimately helping to solve key pain points in e-commerce. Through an easy integration of Paze, Aurus, Inc will provide:

• A simplified checkout: Paze provides an innovative checkout experience that helps ensure smooth transactions without the need for manual entry of full card numbers or additional Paze usernames and passwords, reducing errors and abandoned carts.
• Access to over 150 million cards with Paze: More than 150 million eligible credit and debit cards from participating banks and credit unions will be available for consumers to transact with online merchants that utilize AurusPay for Payment processing at commercial launch, with more retailers anticipated to join the ecosystem.
• Opportunity to join the future of online retail: According to the recent Paze PulseSM Report, 71% of online shoppers have abandoned their online shopping carts, with an overly complicated checkout process and security concerns among the top reasons why. For simplified checkouts, Paze offers a quick and convenient online shopping experience consumers seek, while helping businesses reduce cart abandonment.
• More secure for consumers with tokenization: All card numbers are replaced with a different number to make transactions more secure than manual entry; card numbers are also never shared with merchants at checkout.

To learn more about Paze and offering the convenient way to checkout online, please visit www.paze.com.

About Aurus, Inc:
Aurus is a leading provider of payment processing platforms. The company offers a variety of unified commerce platforms for businesses of all sizes, including in-store, digital wallets, and online payment processing. Aurus is committed to providing its customers with the best possible payment processing experience.

The Aurus omni-commerce payment platform accepts myriad payment types, including all leading credit card brands, private-label credit cards, and gift cards. In addition to ACH payment services and digital wallets, the versatile platform supports Buy Now, Pay Later (BNPL) payments, crypto-currency, and industry-specific payment options such as Fleet, FSA, and EBT for food stamps and/or cash benefits.

Paze and the Paze-related marks are wholly owned by Early Warning Services, LLC, and are used herein under license. Other product and company names mentioned herein are the property of their respective owners.

Paze PulseSM Report: Consumer Online Shopping Preferences was a survey conducted by Murphy Research among 1,000 online shoppers, ages 18+, in the U.S. in Q4 2023.