Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. The token-based payment solution G+D Filia Unplugged enables consecutive, secure offline payment transactions anytime and anywhere, bridging the gap between seamless online and offline payments without a reliable internet connection.
G+D Filia Unplugged makes digital offline transactions a reality. It can be integrated easily into existing digital payment offerings, including commercial banks’ tokenised deposit systems, instant payment systems, or mobile money services. The solution is designed with three protection layers and cash-like features to provide reliability, security, and trust while functioning independently of internet connectivity. The introduction of a token-based solution such as G+D Filia Unplugged not only strengthens payment resilience but also has the potential to drive financial inclusion for nearly 1.4 billion unbanked people worldwide.
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G+D Filia Unplugged provides digital payments with the same advantages as cash, including privacy protection, and high levels of data security
For societies that primarily use cash, this new feature offers significant opportunities. It provides another convenient and secure method for people to make digital transactions without the need for expensive devices like smartphones. A simple smart card can help them start making digital transactions at a low cost.
The offline function also enables use cases such as peer-to-peer payments (P2P) between individuals or payment-to-business payments (P2B). The technology behind G+D Filia Unplugged functions like many streaming services, which allow users to download audio or video files that can then be played offline.
Dr. Raoul Herborg, Managing Director Central Bank Digital Currency at G+D, said: “Offline payments are the missing link in the digital payment sphere. With Filia Unplugged, we are helping to bridge this gap. The capability of paying also offline in an existing digital system can enhance financial inclusion and payments resilience, support cash-like features in the digital world, and drive innovative use cases for the tokenised economy.”
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