Cash is king of digital payments. It always works, it’s easy to handle and it safeguards personal privacy. Crunchfish preserves these features when cash goes digital. The transformation will be profound as digital cash will be present in all mobile wallets in the future.
“Customers should be able pay privately and settle offline, just like using cash, and then settle online on their preferred payment scheme as a separate step. Cash goes digital.”
Digital Cash are always transferred immediately since it is independent of anything that can go wrong online. Our vision is that we will continue to pay with cash, but in digital form.
Digital Cash may be integrated in any type of real-time payment system, including closed loop wallet, three-party schemes as Swedish mobile payment service Swish is using or a four-party model used by UPI in India.
Digital Cash may be used for push or pull transactions on the EMV card rail using either HCE or OEM pay.
PCI certification would either be done by the bank/payment service or provided with the card rail component.
Digital Cash provides privacy and the ability to settle offline in any Central Bank Digital Currency scheme.
By cooperating with partners within complementing fields of technology, Crunchfish opens up marketing channels, new geographical markets and strategic customer segments. We have defined an ecosystem for Digital Cash with the purpose to quickly scale up sales and get a global spread of the company’s solutions.
Digital Cash Partners in place:
#5 – Taisys Technologies
delivering Thin SIM technology enabling Digital Cash on feature phone’s Payment Apps.
Priority from 2020.
CEO, Crunchfish Proximity AB
CEO, Crunchfish AB (publ)
Crunchfish India Head
Senior Business Developer