Pay for Snacks with Lunch Money

Lunch Money
2 min readDec 3, 2019

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Lunch Money is proud to announce that LMY is now featured on ivendPay as a listing prospect on their crowdfunding platform. Lunch Money is seeking to raise 5K in funds for its integration into the ivendPay ecosystem. All investments go directly to ivendPay ensuring that all funds are secured and integration is immediate. ivendPay is the world’s first multi-currency payment system for enabling payments in any cryptocurrency, digital or fiat currency. They currently have two products, a payment module for vending machines and a mPOS terminal.

There are over 18,000,000 vending machines worldwide and iVendPay allows each of those vending machines to start accepting cryptocurrency payments, simply by installing their plug-and-play vending machine module.

In order to use ivendPay to make payments in conventional stores and other points of sale, you’ll need to install a mPOS terminal, which will allow you to accept payments from any mobile payment application of the buyer, including cryptocurrency wallets, using a QR code.

With the gradual replacement of hard cash with virtual currency in an era of digital disruption, the mobile POS terminals market has rapidly gained traction in the electronics space. One of the most prominent drivers responsible for the growth of this vertical is the increasing realization among businesses that using cash is a highly expensive option. Businesses have come to realize how cost efficient mPOS terminals can be in addition to contributing toward a more fulfilling customer experience.

Currently, close to $17 trillion transactions are still cash and check based, therefore it is obvious that cash or paper checks are nowhere near to being extinct anytime. Nonetheless, experts have come to acknowledge that using mPOS terminals can revolutionize end-use domains, and mobile POS terminals market in response to this massive adoption rate is likely to register a significant growth rate in the years ahead.

Invest in Lunch Money here!

https://raise.ivendpay.com/lmy

References:

https://link.medium.com/zOQkFtOR61

https://link.medium.com/KQRqqVRR61

https://www.retailitinsights.com/doc/mpos-terminals-industry-to-see-good-times-ahead-0001

Do drop us any questions, comments and feedback . Reach out to the core team on telegram at @lunchmoneytoken or twitter @lunchtoken

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Lunch Money
Lunch Money

Written by Lunch Money

Incentivizing real feedback from restaurant and eatery patrons worldwide