About

Paydala provides deposit, withdrawal, and payment services to its partners' end-users. We facilitate these transactions through a digital wallet, which is backed by an FBO (For Benefit Of) account at a federally insured program partner bank.

End-users can transfer funds using online banking access, as well as debit and credit cards. Before any transaction is processed, they undergo extensive verification checks, including age verification, digital and physical ID validations, geolocation, AML/fraud, and OFAC screenings.