Sand Dollar

Company profile

Sand Dollar company profile

Sand Dollar is a central bank digital currency that digitizes national fiat for everyday payments. The service provides mobile wallets for individuals and businesses, enabling person-to-person transfers, merchant payments, and point-of-sale acceptance via QR codes. Regulated financial institutions distribute Sand Dollar wallets, maintain customer accounts, and apply KYC, AML, and transaction limits under supervisory guidelines. APIs and integration tools support merchant onboarding, payroll and benefits disbursements, and connectivity with point-of-sale systems and payment gateways. The platform settles transactions in domestic currency and records transfers with auditability to support compliance and reporting. User resources explain enrollment, security practices, and the list of participating providers.