General Question
Are you familiar with - have you used Paze?
Probably not – it appears to be brand new. From the people who create Zelle (which I use frequently).
As I understand it, Paze has its own app, and it takes your credit card info (on your smartphone) and obfuscates or encrypts the credit card number for security. Theoretically much safer.
Sort of like what Google Wallet and Apple Pay do – keeping your card # more secure from malefactors.
The big negative is that the store/vendor/website has to choose to accept Paze, and as of now there are three, maybe four companies total that accept it (www.paze.com)
Would you find this useful? So far (and it’s early days, true) this seems like a step backward. Does this improve on anything you already use?
4 Answers
Answer this question
This question is in the General Section. Responses must be helpful and on-topic.