ivendPay has officially partnered with Binance Pay for Crypto Payment integration in the EU and other countries

Pakning Luk, Binance Pay’s regional head of business development, said about the partnership: “We’re more than excited to announce ivendPay as a strategic payment partner as their solutions help both online and offline merchants make users’ payment experience seamless.”

For 2023 ivendPay is aiming to expand in the European market, where it is already one of the largest cryptocurrency payment providers in vending and retail. This year ivendPay became resident of The FinTech House—the biggest fintech, regtech, insurtech, and cybersecurity hub in Portugal. The office in Lisbon is ivendPay's European headquarters for providing crypto-processing services in the EU, which are now most actively developing in Portugal, Germany and other countries.

ivendPay has partnered with Zima Bank — a neobank that is authorised to provide FINTRAC compliant payments processing, present in France and Canada. The partnership will ensure sales through POS all over the world and will further stimulate mass adoption of crypto payments. According to the Market Making Pro research, by 2026 the number of transactions processed by POS terminals will grow by 28% to exceed $17.3T—of those roughly 10% (1.73T) are expected to be crypto transactions.

Ivendpay’s goal is to overtake 5% of the projected $1.73 trillion crypto payment market, which is a 86.5B turnover or $865M in yearly income, as calculated with a 1% commission fee limit.

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IvendPay opens Barbados to expand its network of merchants

We are pleased to announce that ivendPay continues its development and enters new markets. Today, we are proud to begin operations in Barbados and direct all our efforts towards connecting new merchants to expand our network.

We understand that our success depends on how well we meet the needs of our customers. Therefore, we constantly work to improve our service and expand our geographical presence.

Today, we are ready to offer unique cooperation conditions to merchants in Barbados and help them expand their business. We are confident that our joint work will bring mutual success and allow us to continue to grow and develop.

We thank all our customers for the trust and support they give us. We are ready to continue working in the interests of our customers and building long-term relationships with each of them.

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First Merchants from India🇮🇳

Our team has been working hard to jumpstart our presence in country, and the first merchants are already here!

Welcome Palm Paradise Resort, the first among several Indian locations, whom we have connected to our crypto payment system—we can’t wait to tell you all about them.

Located in the wonderful North Goa, the three-star Palm Paradise Resort is rated highly by it’s guests—featuring an outdoor swimming pool, free private parking, a garden and a shared lounge. Pay for accommodations directly from your crypto wallet hassle-free: 44+ tokens supported.

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✅ Folks, we're excited to share with you an exciting recent development

We are wrapping up the preparations to launch our Ambassador Program, and we've decided to give you a peek at how it works.

The ivendPay Ambassador Program is aimed at expanding our merchant network. Large communities and influencers can become Ambassadors, which allows them to refer merchants and connect them to the ivendPay app. Once the merchant has gained access to their merchant cabinet, the Ambassador will begin earning a percentage from that merchant's transaction fees.

⏺The program is semi-autonomous. A merchant can refer another merchant, earning both themselves and the original Ambassador a percentage. This can be done subsequently up to two times.

⏺We are aiming for end of July to send out the invitations for the testing run. The program will offer some more unique features that we can't wait to share with you. Stay tuned!

🗣If you're a large community or influencer interested in becoming an ivendPay Ambassador—contact @socialant
The first 30 Ambassadors will get a fixed 30% from connected merchants transaction fees.

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Recently we told you about Liberty Cafe, one of our wonderful new crypto accepting merchants from Lisbon, Portugal.

Did you know that they have a bookstore Liberty Books, where you can also pay with your crypto wallet through ivendPay? Now you do!

A hand-picked selection of books is awaiting crypto-owning readers at 📍 Rua da Esperança 21; as well as online — with ivendPay your business gets lots of options in how and where you accept crypto payments.

Contact @socialant to start accepting crypto transactions in your business.

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🔆 ivendPay at TOKEN2049

September 13-14. Join us at Asia’s premiere crypto event where our team will share a stand with HACKEN.AI

We will talk crypto payments in commerce, meet with guests of the conference and demonstrate our vending machine — we’re excited to show it to all attendees. There’s also a cool activity for everyone who comes by the stand. See you at TOKEN2049!

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