ivendPay launches First Cryptocurrency Payment Technology via NFC

ivendPay is the world's first company to introduce NFC technology for cryptocurrency payments
Globe NewswireNovember 27, 20234 min

Marking a new era in the world of digital payments, ivendPay proudly presents the world’s first cryptocurrency payment technology via NFC (Near Field Communication). This advancement is unparalleled in the cryptocurrency domain, expanding the horizons for merchants and customers globally.

Innovative Breakthrough: ivendPay introduces NFC Crypto

Now, the payment process is practically indistinguishable from using a card. Simply tap users’ phone utilizing NFC technology and make a direct payment from users’ crypto wallet. Forget about cards – we are revolutionizing the scene! The technology seamlessly integrates into various payment ecosystems, including POS terminals, merchant mobile apps, and vending networks, ensuring convenience and security of cryptocurrency transactions in a retail environment.

Collaboration with Industry Giants: ivendPay and Binance

Having showcased the NFC Crypto technology at international events such as the WOW Summit 2023 and GITEX in Dubai, ivendPay attracted the attention of key players in the cryptocurrency industry. A testament to the success of this innovation was the partnership with Binance, in which ivendPay became the global payment gateway for the Binance Pay service. This collaboration underscores the trust and recognition that ivendPay has earned on the international stage, offering contactless, borderless, and secure cryptocurrency payments.

Expanding Horizons: ivendPay on its Path to Dominance in Europe and the MENA

With its patented payment solution, ivendPay not only ensures transaction reliability but is also actively expanding its global presence. Already boasting around 400 active merchants in seven countries, the company is poised for further penetration in the European and MENA regions. The rapid growth and sustainable development of ivendPay provide ample opportunities for investors eager to be involved in cutting-edge financial technologies.

Why People Will Pay with Cryptocurrency in the Future: History and Convenience

 In the past, cryptocurrency payments were mainly done through QR codes, requiring extra time and steps for the user. However, thanks to ivendPay, the payment process has now become as straightforward and quick as traditional card payment. The integration of NFC technology with cryptocurrency payments will speed up the adoption of cryptocurrency in our daily lives, making it a natural part of modern financial operations.

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Globe Newswire


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