Crunchfish introduces Digital Cash business model
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STOCKHOLM, March 17, 2021 /PRNewswire/ -- Crunchfish's Digital Cash Wallet offers an exceptionally flexible and interoperable offline payment service that compliments any online payment service with capabilities that replicate the use of physical cash. Crunchfish introduces a subscription-based business model per Digital Cash Wallet deployed, to be charged to the issuing bank or digital wallet provider.
Crunchfish's Digital Cash Wallet is an exceptionally flexible and interoperable solution that compliments any digital payment service on smart cards or in digital wallets with capabilities that replicates paying with cash. A two-step hierarchical architecture makes Digital Cash payments independent from the net, offering instant clearing offline at the moment of payment, followed by settlement online to move money between accounts.