WadzPay Token (WTK) is a digital asset that operates on a blockchain-based payments platform. Founded in 2018 in Singapore, WadzPay is a technology provider that strives to optimize the potential of digital assets and Central Bank Digital Currencies (CBDCs) in the payments industry. The platform is designed to facilitate faster payments, enhance security, and improve cost efficiency. WadzPay operates globally, spanning regions such as Asia, Pacific, Middle East, Africa, Europe, and the United States. It collaborates with international payments companies, banks, and global companies to enable digital asset-based transaction processing and settlement.

WadzPay Token operates on the WadzPay platform, which is primarily based on the Algorand blockchain, with inbuilt support for several others such as Ethereum, Tron, and Avalanche. The platform provides various solutions including acceptance, issuance, remittance, and tokenization. Acceptance enables merchants to receive payments in virtual assets via existing Point of Sale terminals or e-Commerce payment portals. Issuance provides an integrated solution for meeting customers' payment requirements, both for fiat money and using virtual assets. Remittance provides a platform for virtual asset tokenization. Tokenization enables businesses to create and utilize tokens with various use cases.

WadzPay Token has a wide range of potential use cases. It can be used for transactions, operational purposes, and as part of the virtual asset economy. Businesses, banks, financial institutions, and governments can benefit from the WadzPay platform. For businesses, it enables them to receive payments in virtual assets via existing terminals or portals. Banks and financial institutions can supplement their existing payment infrastructure with WadzPay's blockchain-based virtual assets payment solutions. Governments can aim to increase trust and accountability with blockchain-based solutions that strive to reduce fraud and safeguard critical data. Additionally, WadzPay Tokenization allows businesses to engage in the virtual asset economy by creating and utilizing tokens with various use cases.

WadzPay Token was introduced by WadzPay, a company founded in 2018 in Singapore. The company was established with the mission to optimize the potential of CBDCs and digital assets in the payments industry. Since its inception, WadzPay has been enabling digital asset-based transaction processing and settlement.