Digital cash that works,
even when the world doesn’t.
Payala is a patented, cryptographically secure digital payment technology built by cyber security and financial experts that represents a revolution in operational resilience.
Payala’s smartcard-based digital payments ecosystem provides users with a multi-currency digital wallet that is resilient highly resistant to cyberattack and operates even when offline for business-to-customer, government-to-populace, and peer-to-peer transactions. The platform has been successfully field-tested and utilized in the Pacific region in an austere, low infrastructure environment.
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:
Payala Solves Three of the Greatest Challenges for Digital Payments
Connectivity
Cell or Wi-Fi coverage can be uneven and is dependent in many cases on unreliable power sources.
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.
Inclusivity
Some digital money services require users to have a bank account or their own smartphone