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Vendy is an online marketplace which allows anyone to rent a vending machine. Similar to how Uber disrupted the taxi industry, we are opening up the Vending market to enterprising individuals. Entrepreneurs can log on to the Vendy dashboard where they will see a map of Vending machines in their area. Vending space is booked directly from machine owners in a bidding process similar to an ebay auction. Everything is automated using the Mastercard Vending an Send API's. After winning a bid, the vendor can unlock the vending machine using his smart phone to stock it with products. Consumers can then go up to the vending machine and purchase items using the Vendy App. They pair their phone with the machine and select the item they’d like to purchase. The consumer’s credit card is charged and the payment is routed directly to the vendor. For the first time ever, anyone can start selling their products with minimal manual labour. Machine owners are happy as they can rent out their machines for higher margins and vendors receive payments for their products in real-time without even the need to be physically present.

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