Reza Jalili
CEO
Vaiu Global
Vaiu Tokenized Pay enables real-time payments through secure tokenization technology, shielding sensitive financial data. Their platform bridges traditional banking with digital landscapes, providing immediate liquidity for payees and instant value for payors. Vaiu aims to revolutionize finance within the open banking framework.
- Blockchain & Cryptocurrency
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Traditional payment methods expose sensitive financial data during transactions, increasing the risk of fraud and data breaches for both payers and payees. Existing payment architectures often involve multiple intermediaries, leading to higher transaction fees and slower settlement times.
Solution
Vaiu provides a payment tokenization software platform that replaces sensitive payment credentials with secure, single-use tokens, shielding actual account information during transactions. The platform enables real-time payments and settlements while minimizing the risk of fraud and data breaches. Vaiu's tokenization technology integrates with existing banking systems and compliance solutions, creating a secure and compliant financial ecosystem. By eliminating intermediaries and streamlining payment processes, Vaiu reduces transaction costs and accelerates settlement times for businesses and consumers. The platform supports various payment use cases, including B2B transactions, e-commerce payments, government payouts, and payroll services.
Target Audience
Vaiu's primary customers include banks, businesses, e-commerce platforms, government entities, and other organizations that require secure and efficient payment processing solutions.
Features
- Patent-pending software that masks credentials and shields sensitive information between payer and payee
- Generation of ephemeral tokens for single-use transactions, enhancing security and reducing fraud
- Real-time payment processing and instant settlement capabilities
- Seamless integration with core banking systems, KYC, AML, and fraud monitoring solutions
- Support for diverse payment methods and platforms, enhancing interoperability
- Scalable architecture designed to handle millions of transactions per second
- Human-centric design with easily recognizable characters for conversational interfaces and voice interactions