A new partnership aims to provide a secure and offline digital payment infrastructure worldwide
SINGAPORE,, June 23, 2025 / PRNEWSWIRE / – The Algorand Foundation has announced today a new strategic partnership with Paycode, a world leader in biometric and offline digital payment systems, to advance inclusive financial infrastructure in poorly served and remote communities.
The wage code operates in countries, including Afghanistan,, Ghana,, Zambia,, Mozambiqueand the Democratic Republic of CongoWhere large segments of the population remain offline and excluded from formal financial services. Thanks to this collaboration, the salary code and the Algorand will explore the integration of public blockchain technology to strengthen digital identity systems, improve transparency and unlock new models to provide large -scale secure and inclusive payments.
“This partnership brings blockchain to the direct service of people who need it most,” said Staci goalkeeperCEO of the Algorand Foundation. “The salary code already reaches some of the most difficult places to serve. Together, we have the possibility of making these systems more transparent, efficient and reliable.”
As part of the partnership, Paycode selected Algorand as a blockchain to migrate its digital payment infrastructure on the channel, by taking advantage of the Algorand Algorand’s Algorand Energy and Energy Energy Energy to supply offline payment systems.
The wage code technology is currently used by more than 6 million people in 8 countries, many of whom live in offline, distant and unpreosedy regions. To date, the salary code has facilitated the secure disbursement of $ 250 million In help and social payments, help stimulate financial inclusion through biometric identity, offline digital wallets and real -time payments.
The two organizations will work together to accommodate elements of PayCode’s digital payment infrastructure on the Algorand blockchain, emphasizing support for a transparent help disbursement, the integration of the settlement mechanisms based on the stable and the creation of resilient and offline financial tools. The partnership reflects a shared mission to provide scalable, interoperable and secure systems, even in regions with little or no connectivity.
“This collaboration supports our objective to extend secure and offline digital finance to those who are most excluded from the formal economy,” said Gabe RuhanCEO of Paycode. “With Algorand, we can explore ways to enter our infrastructure in the future and unlock new use cases for public payments.”
The partnership is based on the broader engagement of the Algorand Foundation to support digital public infrastructure and financial access on the border markets.
About Algorand Foundation
Algorand’s mission is to feed a world where information has integrity and innovative ideas can evolve. The Algorand Foundation supports the rapidly growing ecosystem of Algorand by providing an environment of developer the best in its category, by supporting the key infrastructure and by establishing technical standards, by providing full support to manufacturers and entrepreneurs, and by providing the framework of decentralized governance.
Launched in 2019, the Algorand Blockchain (Algo) has become a dynamic ecosystem of developers, entrepreneurs and business partners who benefit from certainty and resilience of institutional quality. Its low costs, its instant purpose and its minimum carbon footprint use millions of retail users of the protocol, and developers of all kinds appreciate the possibility of using common programming languages like Python. The manufacturers on Algorand create protocols and companies that solve significant problems on a global scale: instant payments in war and disaster areas, self-identity for disinfranchized, traceability of the supply chain for global trade, protocols without authorization, not to name a few. To find out more, visit Algorand.co.
About the salary code
The salary code provides secure end -to -end payment technology which facilitates the shipment and reception of money. Its advanced payment solution, EDAPT, works for anyone, anywhere, using a tailor -made technology for safety, biometric identification, verification and authentication, fraud prevention, agent bank, real -time transaction, your customer (KYC) data (KYC). The mission of the salary code is to give a biometric identity and affordable access to basic financial services to non -banished and poorly served Africa and beyond. To find out more, visit Paycode.com.
Algorands Source Foundation
