A cryptographically secure digital wallet service on an NFC (contactless) card and a cryptographically assured backend ledger which works for peer to peer, merchant, government to people and business to persons, payments remotely and locally on-line, and locally offline when the network is down

Our technology platform makes digital liquidity easily and always available as if it was cash and works online and offline. Access to financial services like savings and loans is a key plank of poverty reduction, allowing people to trade and save their way out of poverty and letting the micro and small businesses at community level grow and employ more people.

Payala Solves Three of the Greatest Challenges for Digital Payments

Digital payments can be highly efficient but face three basic difficulties, which impede the value of the platform to users and prevent significant portions of the population from participating:
 

Unreliable connectivity cell or Wi-Fi coverage can be uneven and is dependent in many cases on unreliable power sources

Sub-optimal system security without trust in the security of the digital payments service, users risk loss of balances and transfers, and hackers can target their accounts with ease

Limited inclusivity some digital money services require users to have a bank account or their own smartphone