Taler Systems SA - Electronic Cash

Benefits of Taler

Taler is easy to integrate with existing Web applications. Payments are
cryptographically secured and are confirmed within milliseconds
with extremely low transaction costs.

For Merchants

Taler offers efficient payments and backoffice procedures with security, privacy and data minimization by design. Payers and payees can rely on technology, and do not need to purely rely on trust anymore.

For Users

Taler provides the world with a payment solution that definitely makes sense in a society where privacy, data safety, technical security, and reliability become more and more crucial for everyone.

Electronic Wallet For Fiat
and Crypto-Currencies

This electronic instant payment system enables users to convey values and money via the internet, using electronic coins stored in wallets on users’ devices.

  • The wallet can be preloaded with any digital currency and then used like cash
  • Online payments can happen with a single click in real time
  • Browser wallets, mobile wallets

Micropayments with Taler

Micropayments for internet transactions have been an unresolved challenge due to high transaction costs. Our solution enables new online business models based on microtransactions

  • Using efficient algorithms, minimization of data and one-click authorization, lean process flows,
  • Establishing a new payment standard with built-in security, privacy and data minimization by design,
  • Fostering competition between Exchange operators based on Taler’s free open-source protocol

Privacy and Transparency are Top Priorities at Taler

Privacy by design and thoroughly programmed algorithms help diminish payment fraud.

  • Transactions within the payment system use blind signatures which effectively prevent abuse by third parties, even attacks from inside an Exchange operator
  • Taler lets users trace back all payments and contracts if they want a proof of purchase with provable electronic receipts of transactions which can even be used as evidence in court

Payments via E-mail or Messenger or IoT

Partnerships have been signed for e-mail / messaging integration

  • With pEp (or similar) providing secure end-to-end encrypted communication between two users, it is safe to attach digital coins to such e-mails or messages
  • Wallets can be included into e-mail and messenger clients






What Makes Taler Unique For
Merchants And Users

Instant one-click payments

One-click transactions at Web-speed and instant credit of incoming funds

While the payment system remains effective, economic and stable, it always offers fast transaction throughput.

Reliable

No legitimate customer will get rejected by fraud detection

One-click authorization instead of authentication for improved usability and elimination of fraud.

Frictionless security

Payments do not require users to sign up or login

Users are not required to register at a merchant’s web shop or at Point of Sale. Taler does not suffer from many kinds of security problems such as phishing or counterfeit cards.

Flexible

Any currency, any amount

The wallet can be preloaded with any digital currency (fiat money, crypto coins, rewards etc.) and then used like cash.

Compliant

Taler complies with Regulation EU 2016/679 (GDPR)

Taler fulfills AML and KYC requirements and preserves privacy by design according to GDPR.

Scalable

To transaction levels of Mastercard and above

From large to microtransactions. Multi-currency or multi-asset. Multi-device. Transact by e-mail or messenger.

Privacy-preserving

Neither payment providers nor banks learn personal data

Taler uses unlinkable coins created with digital blind signatures for privacy. This fosters informational self-determination for payers and payment system providers in e-commerce and m-commerce.

Economic

Taler is very efficient and its costs are very low despite high security and privacy

Aggregated transactions for lower operating costs are available, too.

No fraud

Taler eliminates fraud and offers privacy, security, and independence at the same time

Compare to credit card payments: With credit cards, security seems only an afterthought.

Architecture of Taler

A Payment System that Makes Privacy and Microtransactions Easy.

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