Tagcash offers an offline solution to enable payments, using NFC cards and Bands. This is especially useful where internet access is slow or not available. This works using a simple Android NFC mobile app, combined with tokens that you create and manage. Credit or debit the online wallet to a mobile device, and credit or debit cards offline using the mobile device and app. NFC Cards should be nTAG216 format to work with the app.
Download the Tagcash NFC App from Google Play Store and try for free. 1000 PLAY tokens are embedded in the app without needing to connect online.
FAQ(Frequently Asked Questions)
After installing the app, create admin account, enter the details on screen, and click the add icon to connect an NFC card which will be the admin login for the app.
By default, there are 1000 PLAY points to experiment with - simply click the credit button, enter the amount and touch the NFC card to the mobile device until you hear the Confirm sound - generally this takes 1 second. You can now charge that card, or check balance by touching the card to the mobile device, or clicking on Balances and Info and then touching card. nTAG 216 cards can hold up to 35 different currencies
To use your own currency, create your own tokens on the tagcash.com Blockchain. Tokens can then be debited and credited between the online account and any number of NFC enabled mobile devices. All credits and debits between the device and online wallet are recorded on the Tagcash Blockchain.
To connect to your online account, use the Settings -> Merchant and connect to your Tagcash online account, then select your merchant account. Once selected then choose Settings -> Payment Options and select the currency you want to work with. All charges and credits to NFC cards are recorded, and these can be exported to the online account or downloaded
Custom Tokens can be created on Tagcash Blockchain by anyone. Create or login with a personal account and then create or switch to a merchant account. It takes seconds to create a new merchant account. Navigate to Services from the left menu and look for the "Create and Manage Tokens" section.
Enter a short abbreviated name (like BTC, TAG, PHP, PLAY etc), a short description (eg: Bitcoin, Company Coins etc), total amount and number of decimals (like 0.01). If you want issue a fixed amount then leave the Issue More checkbox blank, but if you want to create more in the future of the same token, make sure it is checked. Leave the checkbox checked for Open (anyone can receive or send),unless you want to restrict it so that permissions must first be assigned to an address. Keep in mind that once the Open or Restricted is set, it cannot be changed in the future.
Once created, permissions can be set to any address on the Tagcash chain (be that on a external node or user in Tagcash). Permissions include Admin, Issue, Activate, Send and Receive. Permissions can be revoked for an address simply by searching for an address and unchecking the checkboxes.
The cost of creating your own Token is 5000 PHP, 99 USD or the equivalent in TagCoin.
$99 (or equivalent in Bitcoin, Ethereum, TagCoin or local currency) per year for creation and management per currency created. This allows for both online and offline usage, and further integration into your own systems. For each user that uses the Tagcash NFC application for crediting and debiting the online account, there is a charge of $10 per month. For example, you could have multiple tellers using the charge feature, but one person (a cashier) would be responsible for moving funds from the devices to the online wallet for administration. In this case only the cashier would be charged $10 per month.
There are no fees charged per transaction, either offline or online. Your tokens can be sent to any other user, or even to a separate node of Tagcash Blockchain.
Tagcash is a digital wallet developer and platform, building blockchain solutions on Distributed Ledger Technology. Tagcash is regulated by the central bank of the Philippines (BSP), and is authorised as an Electronic Money Issuer (EMI) - https://tagcash.com/emi.pdf