Ivend Pay

What is ivendPay

ivendPay is a crypto payment system connecting merchants and customers. Their seamless platform enables businesses to reap the benefits of blockchain technology and accept payments via cryptocurrencies in a simple, safe and fast manner.

Their payment system facilitates crypto payments through a POS (point of sale) terminal, vending machine, e-commerce plugin, API and mobile app available on the Apple Store and Google Play Store. One of the main missions of ivendPay is to provide crypto-fiat solutions and reduce processing costs and fees.

ivendPay currently has more than 500 active merchants that includes restaurants, hotels, bars and stores in 10 countries. Boasting more than 250 POS machines and over 40 tokens listed in the payment system, they have amassed more than a million transactions to date. Notably they have officially partnered with Binance Pay, OKX Chain and Gate Pay for implementing their payment system.

The ivendPay POS terminal is at the core of their ecosystem, allowing merchants to revolutionise their business. They have integrated with organisations such as Sunmi, Pax, Worldline, Oti and Invenda, gaining exposure to more than 100 million terminals with their application on devices in stores.

They have further integrated with key commerce platforms granting access to million of users: OpenCart (340k+ users), WooCommerce (5 million + installs), Shopify (1.7 million+ users), PrestaShop (300k+ users), Magento (260k + users) and Cryptoprocessing.com.

IVPAY is the utility token of the ivendPay ecosystem, that will be integrated into their services and products as payment, rewards or discount means. This includes a loyalty program, staking, discounts on B2B and B2C solutions and commission from resellers. In addition to this, they plan to implement and deflationary model with token burning to reduce the circulating supply of tokens.