Closed Loop Payments

Tangem is bringing convenience, inclusiveness, and trust to the fintech sector with financial self-custody – a decentralized, closed loop system for storing and transferring assets. A closed loop payment system enables its end-points to pay each other directly by authorizing transactions across that decentralized system. All an end-point needs is a digital wallet to hold, send and receive assets.

Tangem’s card-based solution is the most user-friendly wallet.  From the user’s perspective, it works like a stored value card, but it is also peer-to-peer. Tangem’s focus is financial inclusion, and the technology is designed for frictionless onboarding. Familiar purchase process, no smartphone needed.

Benefits for Program Managers

  • Growth Acceleration – turn an untapped market into a loyal customer base.
  • Digital asset distribution
  • Limitless supported asset types and delivery channels
  • Financial inclusion – no smartphone needed!
  • Enable everyone to participate in the digital economy
  • Light infrastructure
  • Launch fast, without legacy infrastructure like deposit accounts
  • Lead the shift to digital assets

Cardholder Experience​

  • Simple
    • Zero onboarding learning curve: Load it, hold it, tap to spend
  • Accessible
    • Access to the economy, without owning a smartphone
  • Secure
    • Guaranteed security and no burden of key management

Download Tangem’s Closed loop payments Deck

Please fill out the form and get the Closed loop payments Deck sent to your email address.

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