Viacoin integrated on iVendPay!

Feb 26, 2019 · 2 min read

What is iVendPay you might wonder? iVendPay is the world’s first multi-currency payment system that allows you to accept payments in cryptocurrencies, electronic money or fiat.

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There are over 18,000,000 vending machines worldwide. iVendPay allows each of those vending machines to start accepting cryptocurrency payments, simply by installing their plug-and-play vending machine module. Installing their module is as simple as connecting one cable! The average vending machine accounts for $76 of revenue every week, coming down to an estimated global revenue of over $71,000,000,000. With iVendPay, Viacoin is able to enter this multi-billion dollar market!

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Paying for coffee using Viacoin

Viacoin has an average transaction fee of ~$0.00002, making it perfect for microtransactions such as vending machine payments. Combined with its lightning fast confirmation time and easy-to-use mobile wallets, Viacoin is perfectly able to deliver an extremely user-friendly experience using cryptocurrencies in daily life.

Paying for coffee using Viacoin

Besides their plug-and-play vending machine module, iVendPay is working on more solutions of bringing cryptocurrencies into mainstream adoption:

  • A dual screen point-of-sale module, creating a more user friendly experience for both the store owner and the customer.
  • A payment gateway for webshops, allowing them to accept cryptocurrencies and have the option to directly convert them into fiat.

We will take an in-depth look at these other solutions in an upcoming article!

More information








Bitcointalk —

Viacoin Development Update — 12/2018:

Please feel free to leave us your feedback as we always welcome it!

- The Viacoin Team

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