Glossary

Short range wireless

In one sentence

Short range wireless refers to radio technologies that work over a limited distance, such as Bluetooth, NFC, ultra wideband, and WiFi Direct. Proximity payment uses them to establish that two parties are physically near.

The longer version

Short range wireless is the family of standards built for communication across a room or less rather than across a city. Each standard trades range, power, and precision differently, which makes some better for a deliberate tap and others better for sensing nearness at a distance of a few metres.

In proximity payment the signal has one job: prove closeness. NFC needs a near touch, Bluetooth Low Energy reaches across a room at low power, ultra wideband measures distance finely, and WiFi Direct links devices directly over tens of metres. The method is deliberately signal agnostic, so it can use whichever fits the setting.

The signal establishes presence, but it does not carry the payment. Once nearness is confirmed, the transaction routes through a central server, which keeps the sensitive part off the local radio link entirely.

The Parousya method

Short range wireless is the sensing layer the Parousya method sits on. The patent covers the method across Bluetooth, NFC, ultra wideband, and WiFi Direct, so presence can be detected with whichever standard suits the environment.

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Licensing

See your industry in the method?

We license the Parousya method to companies building where proximity and payment intersect. If you can see an application, we would like to hear from you.