Pavy

Payy emerges in response to a growing need for privacy-preserving, stablecoin-powered financial infrastructure. As traditional banking systems impose tighter controls and crypto platforms trend toward surveillance-heavy compliance, Payy introduces a compelling alternative: a vertically integrated, stablecoin-native banking solution that makes payments private, accessible, and free.

At its core, Payy combines two major components—the Payy Wallet (a non-custodial mobile app) and the Payy Network (a privacy-preserving blockchain). The wallet enables users to send money via “magic payment links” over common messaging platforms like WhatsApp, Telegram, or Signal. There are no wallet addresses, no transaction fees, and no gas — just click and pay. The blockchain behind it all uses zero-knowledge (ZK) cryptography to ensure payments are both private and verifiable, with compliance-ready guardrails.

One of the most disruptive features of Payy is its support for fiat on-ramps and off-ramps baked into the protocol. Through partnerships and integrations, users can deposit funds using bank accounts, Apple Pay, Google Pay, crypto wallets, and centralized exchanges, all while retaining full ownership of their assets. There is no custodial risk, no fractional reserves, and no centralized intermediaries with control over your funds.

In contrast to traditional blockchains like Ethereum where all transactions are public, Payy prioritizes transaction privacy without sacrificing utility. With enshrined privacy features built on zero-knowledge proofs, users no longer have to choose between decentralization and discretion. Features like upcoming account guardians will also add a layer of social recovery, preventing theft and lost access—something most DeFi wallets lack.

Competitors such as Coca, and Railgun, offer partial solutions, but Payy is unique in offering a full-stack approach: payments, wallet, blockchain, and fiat integration—under one privacy-first design.

Backed by Polybase Labs, Payy is not a bank and does not custody user funds. There is no FDIC insurance, no fractional reserve, and no bait-and-switch. It's not just another app — it's the endgame for stablecoin finance. With full control in the hands of users and zero reliance on traditional banking rails, Payy aims to redefine what financial independence looks like in the digital age.

Payy delivers powerful features that set it apart in the world of stablecoin payments:

• Stablecoin-Native Banking: All features are designed around the use of stablecoins for spending, sending, and receiving.
• Unrivaled Privacy: Transactions are shielded using zero-knowledge cryptography—no public wallet balances, no blockchain surveillance.
• Magical Payment Links: Send payments using just a link—via WhatsApp, Telegram, Signal, or any messaging app. No addresses needed.
• Zero Fees: All transactions on Payy are completely free. No gas. No platform fees. No nonsense.
• Enshrined Fiat Onramps: Fund your wallet using bank transfers, Apple Pay, Google Pay, or crypto exchanges.
• Non-Custodial Control: Funds are always under your control. Your wallet is yours—no freezing, no banning, no middlemen.
• Upcoming Guardian Recovery: Add trusted people as guardians to prevent scams, enable account recovery, and secure your funds.
• App Available on iOS & Android: Download the app on iOS or Android for a seamless mobile experience.

Getting started with Payy is fast and user-friendly—no seed phrases or setup hurdles:

• Download the App: Install Payy for iOS or Payy for Android to get started.
• Create Your Wallet: The app walks you through setting up a non-custodial wallet—your keys, your control.
• Fund Your Wallet: Deposit using bank accounts, Apple/Google Pay, or connect your crypto exchange account.
• Send Payments Instantly: Use magical payment links to send stablecoins via any messaging app. Just copy, paste, and send.
• Get the Payy Card: Apply for a Payy Card (coming soon) and spend stablecoins anywhere cards are accepted—with privacy.
• Refer & Earn: Invite friends with a referral link and get rewards. Send $10, get $10—instantly.
• Stay Updated: Follow the latest on payy.link and join the growing Payy community as new features roll out.