Mazooma introduces real-time online payment platform

Mazooma has announced the launch of a new real-time, non-credit payment system for online shopping is the first of its kind. It enables customers to pay for online shopping without providing any card number or financial information to Mazooma or the merchant. 

Using Mazooma, customers can carry out online transaction in real-time. The merchants are given instant authorization to ship the items. Moreover, online merchants are enabled to reach those without credit cards with the new solution. Mazooma is claimed to reduce costs by half in comparison with typical online credit card transactions. 

Mazooma is absolutely free for customers and supports about two-third of all bank accounts in the US. Capitalizing on its convenient features for both customers and merchants, Mazooma plans to extend its service to other countries.