OFFLINE PAYMENTS
Offline payments ensure economic resiliency by enabling transactions to occur even in environments with no or unreliable internet or service connectivity. From rural merchants in remote areas to urban customers impacted by network or service disruptions, the ability to perform offline transactions is rapidly becoming an essential feature of modern financial ecosystems.
OFFLINE WALLETS
Offline wallets are the payer component, allowing users to initiate and sign offline transactions securely. In peer-to-peer payment scenarios, offline wallets acts also as receiving components, enabling consecutive offline payments. Crunchfish Digital Cash Offline Wallet is a secure and scalable component that executes within a Virtual Secure Element providing an isolated runtime execution environment.
OFFLINE TERMINALS
Offline terminals are the receiving component, an integral part of the payment rail infrastructure provided by the payment networks. They represent an infrastructure of universal receivers of offline payments, ensuring that merchants, payees, and the backend across the ecosystem, can seamlessly accept offline transactions regardless of the type of offline wallet used by the payer.
RESERVE, PAY, AND SETTLE
The Reserve, Pay, and Settle approach optimizes offline payments by leveraging existing rails for online settlement rather than relying on separate reconciliation layers. The modularity of this unique approach of offline payments combines the interoperability of EMVCo card payments with the programmable flexibility of Ethereum smart contracts, delivering a comprehensive framework for secure offline transactions.
DEEP FINTECH COMPANY
Crunchfish is a deep fintech company providing a patented offline payment solution designed for payment networks as well as payment service providers. The company’s Digital Cash solution enables survivability in the face of failure due to fluctuating internet connections and system failures. Crunchfish enables offline payments in an online world by striking the perfect balance between security and scalability.
Function before form.
Our vision is people and technology in perfect harmony. A world where technology serves humanity to make everyday life easier. Far too long have humans been forced to adapt to technology, when of course it should be designed the other way around. With a rare combination of courage and technical know-how, we never let technology dictate the function. Instead we find the form which is most fitting to the purpose.
For offline payments Crunchfish strikes the perfect balance between security and scalability by integrating app-integrated trust with settlement of offline transactions to detect double-spending and fraudulent wallets.
Our core values
Curious
An inspired curiosity drives us to explore the world, adapting technology to human needs.
Creative
Our creative minds combined with deep technical know-how originates radical new ideas and innovations.
Caring
We care about the society we live in, customers and colleagues, always developing sustainable relationships.
