At Nucleus Software, we believe that sophisticated technologies can play a major role in making financial services available to all people, regardless of location or income levels. We have a vision of making a 100 rupee loan possible and profitable. We created PaySe to bring this vision to life and to primarily address the banking requirements of people at the bottom of the pyramid. PaySe is an offline and online digital cash solution designed to democratize money. The offline version facilitates payments without any internet connectivity or bank account in remote and rural areas while the online version provides quick payments through smartphones.
An innovative digital payment solution, PaySe is a financial inclusion enabler created to address the key challenges faced by banks and other financial institutions to make banking services accessible even in the remotest geographies across India. As the world's first offline solution, PaySe can be used to accept and make payments even when completely offline. It does this by using a secured smart card and an NFC enabled device. PaySe also provides financial institutions with the capability to acquire customers efficiently by capturing customer data, verifying documents, conducting KYC / AML checks and creating customer accounts. For us PaySe is more than just a business – we see it as something we should do for the society.
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