Formal finance withdraws
Banks, donors and investors pull back when value flows cannot be verified.
Trust as a Service
Trusted local networks.
Verifiable records.
Payvand records every step of a transfer, from the sender’s instruction to cash payout and recipient verification, so donors, organizations and institutions can work in fragile and frontier markets with audit-ready data, without replacing the hawala networks communities rely on.
Hawala trackingSalary paymentsDigital wallet & transfersMobile top-ups
Illustrative transferStatus: Initiated
The challenge
A feedback loop of fragility.
Informal value transfer systems such as hawala are critical infrastructure where formal finance cannot operate. But when value flows cannot be verified, a self-reinforcing cycle begins.
Activity shifts to informal systems
Out of necessity, economic activity moves to networks that institutions cannot see into.
Institutions stay away
Greater reliance on opaque systems deters institutional re-entry, and the cycle continues.
Payvand is built to break this loop: verifiable records that bring institutions back, while local networks keep their agency.
How hawala works
Traditional trust. Modern transparency.
In traditional hawala, a sender, two trusted sarafs and a recipient coordinate through phone calls, messages and paper ledgers. Payvand keeps those same trusted relationships and adds one shared record for every step.
Solutions
Financial services for everyday needs.
Services for individuals and organizations, from everyday transfers to salary payments.
Digital wallet & transfers
Send and receive money through a digital wallet.
Learn moreHawala tracking
Follow a transfer from initiation through saraf reviews, payout and recipient verification.
Learn moreSalary payments
Payment solutions for organizations and their employees.
Learn moreMobile top-ups
Mobile credit and minutes as part of Payvand’s services.
Learn moreThe platform
Every transfer, on one dashboard.
Organization administrators see what needs attention: recipients awaiting approval, transfers in progress with each saraf, and cash handed over but not yet confirmed.
- Approvals for recipients added by senders
- Live status for every active transfer
- Reminders for transfers waiting for confirmation
- Ledger and audit views for review
Hawala tracking
A clear view of each step.
From the coordinator’s instruction to payout, verification and recipient feedback.
Initiate
The coordinator registers the recipient, starts the transaction and selects Broker A.
Review & route
Broker A reviews the transaction and, if approved, forwards it to Broker B for a second review.
Collect
Once Broker B approves, the recipient receives an SMS with a code and the amount. Broker B checks these and the recipient’s ID before payout.
Verify & record
After payout, the recipient completes identity verification and feedback. Cases that need review go to an administrator.
Visibility & accountability
More than a payment record.
Transaction events, defined responsibilities and recipient verification support oversight.
Registration screening
Applicants are screened against sanctions lists during registration.
Role-based oversight
Coordinators, sarafs and administrators each have defined responsibilities.
Recipient verification
Identity checks and recipient feedback document who received the payment and the amount reported.
Cryptographic receipts
A digital twin captures payment events as cryptographic receipts on a blockchain-backed ledger.
Beyond transfers
Intelligence for institutions.
The same verified records power tools for compliance teams and programs operating in austere settings.
Illicit transaction detection
Network-level analysis that helps distinguish illicit activity from legitimate cultural and family remittances.
Learn moreSupply-chain accountability
End-to-end visibility for medical shipments, equipment and other goods in austere settings.
Learn moreDigital twin
Delivery and payment events captured as cryptographic receipts, creating ground-truth data.
Learn moreWho we serve
Built for everyone in the chain.
Donors & aid organizations
Verify that aid reaches the intended recipient, with audit-ready data.
Governments & institutions
Re-engage in high-risk regions with accountability built in.
Organizations & employers
Manage users, roles, transfers and salary payments in your own environment.
Sarafs & local networks
Keep your trusted relationships and add a verifiable record to every transfer.
Let’s explore a connection.
Are you an organization, a saraf or a potential partner? Request a demo or talk to our team about your requirements.