Payala
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.
When the grid is on
When everything is working well, the power is on and the network is working, Payala cards work like any other payment card technology - tap to make payments on any suitable phone with an app with the Payala technology built in.
When the grid is off
When the infrastructure is down, transactions are possible locally between two users just like with cash. Each user is verified by the tap of a user's smart card to an NFC enabled smartphone. The phone merely acts as a vehicle, which means that an individual user only needs to own a card.
Always secure
Payala has been designed with security at its core. As we are handling money, this is essential to create the required confidence to become a method of payment that can be used in everyday life. Our team is composed of experts with decades of experience in all different disciplines of cyber security and the awareness for this runs deep within our software development process.