VegaWallet began commercial operations in September 2018. With a governance token, called VGW used throughout the platform, including instant and zero-fee transfers. VegaWallet plans to lead the mass adoption of cryptocurrency applications in the modern world.
VegaWallet is a platform designed for businesses to receive crypto payments and also sell cryptocurrencies to their customers. The platform aims to bridge the gap between consumers who wish to purchase items with cryptocurrency and businesses that do not yet accept Blockchain-based digital assets.
VegaWallet makes payments via the VegaPay app by instantly transferring the authorized amount to its integrated Exchange, and then sends the correct amount of fiat funds to modern payment terminals via Near Field Communication technology.
VegaWallet's technology is as easy to use as any other current mobile payment application, without the hassle of bank verifications.
VegaWallet plans to open the world to cryptocurrencies to provide its users with the best cryptocurrency experience.
VegaWallet plans to offer a point-of-sale system that will allow its users to transact using cryptocurrencies, as well as allow them to purchase cryptocurrencies using these locations as a gift card. Consumers will be able to have cryptocurrencies added to each VegaWallet account.
This process makes paying with any cryptocurrency more accessible than ever, and unlike other companies, there is no need for a special debit card or chip.
VegaWallet has a clear goal, to become a complete cryptocurrency trading platform. And it aims to achieve this by offering its users products and services that cover their cryptocurrency transit every step of the way.
The platform facilitates the purchase and exchange of cryptocurrencies and provides a safe place to store it and can also trade them or spend them through crypto payments, in whatever way suits them best.
VegaWallet has partnered with major companies such as, for example, healthcare company AscellaHealth, where it implements the required payment systems and develops Blockchain-based protocols to streamline business practices.