Vite Labs Partners with Paytomat to Improve the Performance of Payment Infrastructure

Khun Sir
Khun Sir
Feb 21, 2020 · 2 min read

We are proud to announce a strategic partnership with Paytomat by Deep Dive Research (“Paytomat”), a decentralized payment system. Paytomat is used by more than several hundreds merchants to accept crypto in cafes, restaurants, beauty salons etc. Vite will get along with Paytomat to explore and improve the performance of payment infrastructure in crypto space.

Vite’s payment solution — VitePay was originally used in ViteStore, an online merchant for selling Vite swags. Later in 2019, Vite developed offline merchants with Alchemy for crypto payment solution in Singapore and other countries in Southeast Asia. The partnership with Paytomat will bring Vite the opportunity to develop payment business in Russian speaking countries, and also help Paytomat to have more usage in other countries.

About Paytomat

Paytomat is a decentralized payment system integrated into existing point-of-sale systems or offers a standalone solution without the need to purchase additional hardware. Paytomat Wallet is a non-custodial cryptocurrency wallet that supports a wide range of tokens and is easy to use for storing, transferring or exchanging crypto and accessing decentralized apps. Paytomat’s core team is composed of developers with a background in security, IT infrastructure building, cryptocurrency exchanges and blockchain architecture development.

About Vite

Vite is a feeless, high-performance public chain and the first of its kind to implement a DAG-based smart contract capabilities. The original asynchronous architecture, hierarchical consensus and snapshot chain technology make Vite an industry-leader in terms of performance and commercial-level application support. To date, Vite has a steady record of deploying practical applications on its platform, with products including a decentralized exchange, a public financing dApp for the City of Syracuse, multiple on-chain games, and micropayment platforms.

Vite Labs

Official blog for Vite, a new-generation public blockchain

Khun Sir

Written by

Khun Sir

Crypto enthusiast. Experienced in investment, business development, marketing, and community management.

Vite Labs

Vite Labs

Official blog for Vite, a new-generation public blockchain

Khun Sir

Written by

Khun Sir

Crypto enthusiast. Experienced in investment, business development, marketing, and community management.

Vite Labs

Vite Labs

Official blog for Vite, a new-generation public blockchain

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