Mazooma is the first real-time, closed-loop bank account payment system for online shopping. This allows consumers to complete their transaction in seconds while merchants receive instant notification of payment - it's just like paying with cash. Online.

Mazooma was founded to provide consumers and merchants with a safe, secure and convenient bank account payment channel for online shopping.

The ecommerce industry has long recognized that the current online payment systems do not provide a platform to service the millions of consumers who can't or won't use a credit card online.

To serve this market, Mazooma developed a system that combines the security and comfort of online banking with the convenience and speed of a simple payment checkout process. Mazooma provides consumers with an instant and safe way to pay for online purchases directly from their bank account - authorized through the financial institution they know and trust. And Mazooma provides online merchants with a new way to reach customers and increase revenue, all while reducing their costs of payment processing.