PaySe™ Digital Cash launches three new products for the easier digital transaction at the CES 2017. PaySe is a product of Nucleus Software Exports Ltd situated at Noida, India. The three new products are:
- Payment band
- Micro SD card
And this will enable cashless digital payment through a secure product based technology.
PaySe™ is a secure peer to peer offline payment solution. It will act as a Small finance bank as it is providing basic banking service of acceptance of deposits and lending.
As per the studies, Globally 2 billion adults (almost 40 percent of world’s population) remain without a bank account (Global Findex database) and nearly 57 percent of the global urban population remains unconnected to broadband internet.
The company provides fully integrated and easy to use digital cash platform for consumers, merchants and banks while adhering to the regulatory guidelines.
Speaking on the announcement, Ashutosh Pande, Founder and Chief Innovation Officer of PaySe™ demonetisation:
“The importance of digital payment has grown prominently and therefore, the government and other independent players are introducing various technology solutions to enable a cashless economy. We conceptualised PaySe™ foreseeing this need and with the introduction of three new product variations, we aim to empower the consumer with a secure technology solution for offline digital payments.”