Paze Service Agreement

Read our summary of Paze's Service Agreement.

Implications

  • Paze does not charge fees for using its service.
  • Your account can be terminated at any time without prior notice.
  • Paze can only be used at Participating Merchants' websites, not physical locations.
  • Mandatory arbitration and class action waiver are included, limiting your legal recourse options.
  • You must be a US resident and at least 18 years old to use Paze.
  • You can opt-out of Paze at any time, and your card details will be deleted from the Paze Wallet.
  • Paze can share your personal information with Participating Merchants and other third parties.
  • Paze uses tokenized payment credentials for transactions.
  • Paze is not responsible for any inaccuracies in the card details provided by your financial institution.
  • You can add or remove cards from your Paze Wallet through your financial institution's app or website.
  • Paze may send you automated text messages and emails, and you are responsible for any related charges from your carrier.
  • Paze can temporarily or permanently suspend your access to the Paze Wallet to prevent fraud or reputational harm.
  • Paze does not process payment transactions; this is done by your financial institution and the merchant.
  • You can update your shipping addresses in the Paze Wallet for easier transactions.
  • If you store your card details with a merchant, they may still be able to initiate payments even if you remove the card from Paze.
  • Paze provides continuous updates about your card details from your financial institution.
  • Paze disclaims all warranties and limits its liability to $100.
  • You must keep your contact information up-to-date with your financial institution to ensure Paze functions correctly.
  • Paze can be accessed through a link provided by your financial institution or at a participating merchant's checkout.
  • Paze uses a passcode sent to your mobile phone for authentication each time you use the service.

Data Collection

  • Primary account numbers (Payment Credentials)
  • Name
  • Hashed social security number or tax identification number
  • Email address
  • Mobile phone number
  • Billing address
  • Tokenized Payment Credentials
  • Shipping addresses

Things to watch out for

  • Your account can be terminated at any time for any reason without prior notice.
  • Mandatory arbitration and class action waiver limit your ability to take legal action.
  • Paze can share your personal information with Participating Merchants and other third parties.
  • If you store your card details with a merchant, they may still be able to initiate payments even if you remove the card from Paze.
  • Paze disclaims all warranties and limits its liability to $100.

FAQs

Can I use Paze at physical stores?

No, Paze can only be used for online transactions at Participating Merchants' websites.

What happens if I opt-out of Paze?

Your card details will be deleted from your Paze Wallet, but some personal information will be retained to prevent fraud and honor your opt-out request.

How does Paze handle disputes or legal issues?

Any disputes must be resolved through binding arbitration, and you waive the right to participate in class actions. You can opt-out of this agreement within 30 days of acceptance.


(Last updated: 10th October, 2024)

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