diff --git a/app/Models/Transaction.php b/app/Models/Transaction.php
index fa11bc135..cfc56c540 100644
--- a/app/Models/Transaction.php
+++ b/app/Models/Transaction.php
@@ -18,7 +18,6 @@
 use App\Models\Scopes\ValidatorResignationScope;
 use App\Models\Scopes\VoteScope;
 use App\Services\BigNumber;
-use App\Services\VendorField;
 use Illuminate\Database\Eloquent\Builder;
 use Illuminate\Database\Eloquent\Factories\HasFactory;
 use Illuminate\Database\Eloquent\Model;
@@ -40,7 +39,6 @@
  * @property string $sender_public_key
  * @property int $block_height
  * @property resource|null $data
- * @property resource|string|null $vendor_field
  * @property int $nonce
  * @property Wallet $sender
  * @method static \Illuminate\Database\Eloquent\Builder withScope(string $scope)
@@ -110,8 +108,6 @@ final class Transaction extends Model
         'receipt',
     ];
 
-    private bool|string|null $vendorFieldContent = false;
-
     /**
      * Get the indexable data array for the model.
      *
@@ -225,15 +221,6 @@ public function recipient(): Wallet
         return Wallet::where('address', $vote)->firstOrFail();
     }
 
-    public function vendorField(): string|null
-    {
-        if (is_bool($this->vendorFieldContent)) {
-            $this->vendorFieldContent = VendorField::parse($this->vendor_field);
-        }
-
-        return $this->vendorFieldContent;
-    }
-
     public function fee(): BigNumber
     {
         $gasPrice = clone $this->gas_price;
diff --git a/app/Services/VendorField.php b/app/Services/VendorField.php
deleted file mode 100644
index c19fa1943..000000000
--- a/app/Services/VendorField.php
+++ /dev/null
@@ -1,54 +0,0 @@
-<?php
-
-declare(strict_types=1);
-
-namespace App\Services;
-
-final class VendorField
-{
-    public static function toHex(mixed $vendorField): ?string
-    {
-        if (is_null($vendorField)) {
-            return null;
-        }
-
-        if (is_resource($vendorField)) {
-            $vendorField = stream_get_contents($vendorField);
-        }
-
-        if (is_bool($vendorField)) {
-            return null;
-        }
-
-        if (is_string($vendorField) && $vendorField === '') {
-            return null;
-        }
-
-        return bin2hex((string) $vendorField);
-    }
-
-    public static function parse(mixed $vendorField): ?string
-    {
-        if (is_null($vendorField)) {
-            return null;
-        }
-
-        if (is_int($vendorField)) {
-            return (string) $vendorField;
-        }
-
-        if (is_resource($vendorField)) {
-            $vendorField = stream_get_contents($vendorField);
-        }
-
-        if ($vendorField === '') {
-            return null;
-        }
-
-        if (! is_string($vendorField)) {
-            return null;
-        }
-
-        return $vendorField;
-    }
-}
diff --git a/app/ViewModels/Concerns/Transaction/InteractsWithVendorField.php b/app/ViewModels/Concerns/Transaction/InteractsWithVendorField.php
deleted file mode 100644
index f10f9dc3b..000000000
--- a/app/ViewModels/Concerns/Transaction/InteractsWithVendorField.php
+++ /dev/null
@@ -1,13 +0,0 @@
-<?php
-
-declare(strict_types=1);
-
-namespace App\ViewModels\Concerns\Transaction;
-
-trait InteractsWithVendorField
-{
-    public function vendorField(): ?string
-    {
-        return $this->transaction->vendorField();
-    }
-}
diff --git a/app/ViewModels/TransactionViewModel.php b/app/ViewModels/TransactionViewModel.php
index 8879629af..799ff8773 100644
--- a/app/ViewModels/TransactionViewModel.php
+++ b/app/ViewModels/TransactionViewModel.php
@@ -19,7 +19,6 @@
 use App\ViewModels\Concerns\Transaction\InteractsWithMultiPayment;
 use App\ViewModels\Concerns\Transaction\InteractsWithMultiSignature;
 use App\ViewModels\Concerns\Transaction\InteractsWithUsernames;
-use App\ViewModels\Concerns\Transaction\InteractsWithVendorField;
 use App\ViewModels\Concerns\Transaction\InteractsWithVotes;
 use App\ViewModels\Concerns\Transaction\InteractsWithWallets;
 use ArkEcosystem\Crypto\Utils\UnitConverter;
@@ -35,7 +34,6 @@ final class TransactionViewModel implements ViewModel
     use InteractsWithMultiPayment;
     use InteractsWithMultiSignature;
     use InteractsWithUsernames;
-    use InteractsWithVendorField;
     use InteractsWithVotes;
     use InteractsWithWallets;
 
diff --git a/resources/views/app/transaction.blade.php b/resources/views/app/transaction.blade.php
index 2694d4988..53ac50801 100644
--- a/resources/views/app/transaction.blade.php
+++ b/resources/views/app/transaction.blade.php
@@ -15,10 +15,6 @@
 
             <x-transaction.page.summary :transaction="$transaction" />
 
-            @if ($transaction->isTransfer() || $transaction->isMultiPayment())
-                <x-transaction.page.memo :transaction="$transaction" />
-            @endif
-
             <x-general.page-section.confirmations :model="$transaction" />
 
             @if ($transaction->isMultiPayment())
diff --git a/resources/views/components/transaction/page/memo.blade.php b/resources/views/components/transaction/page/memo.blade.php
deleted file mode 100644
index 7b46c7bec..000000000
--- a/resources/views/components/transaction/page/memo.blade.php
+++ /dev/null
@@ -1,18 +0,0 @@
-@props(['transaction'])
-
-@php ($vendorField = $transaction->vendorField())
-
-<x-general.page-section.container
-    :title="trans('pages.transaction.memo')"
-    wrapper-class="max-w-full font-normal leading-7"
->
-    @if (! $vendorField)
-        <span class="text-sm font-semibold sm:text-base sm:font-normal text-theme-secondary-500 dark:text-theme-dark-500">
-            @lang('general.na')
-        </span>
-    @else
-        <div class="text-base break-words text-theme-secondary-900 dark:text-theme-dark-50">
-            {{ $vendorField }}
-        </div>
-    @endif
-</x-general.page-section.container>
diff --git a/resources/views/components/transaction/page/more-details.blade.php b/resources/views/components/transaction/page/more-details.blade.php
index 769f24345..2c691d14d 100644
--- a/resources/views/components/transaction/page/more-details.blade.php
+++ b/resources/views/components/transaction/page/more-details.blade.php
@@ -1,7 +1,5 @@
 @props(['transaction'])
 
-@php ($vendorField = $transaction->vendorField())
-
 <div>
     {{-- Mobile --}}
     <x-general.page-section.container
diff --git a/tests/Unit/Models/TransactionTest.php b/tests/Unit/Models/TransactionTest.php
index 5a0f2229a..5965692b5 100644
--- a/tests/Unit/Models/TransactionTest.php
+++ b/tests/Unit/Models/TransactionTest.php
@@ -70,27 +70,6 @@
     expect($transaction->recipient())->toEqual($validator->fresh());
 });
 
-it('should get vendorfield value multiple times despite resource', function () {
-    $transaction = Transaction::factory()->transfer()->create([
-        'recipient_id' => 'DENGkAwEfRvhhHKZYdEfQ1P3MEoRvPkHYj',
-        'fee'          => 0.1 * 1e18, // 0.1
-        'amount'       => 2 * 1e18, // 2
-        'vendor_field' => '0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0',
-    ]);
-
-    expect($transaction->vendor_field)->toBe('0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0');
-    expect($transaction->vendorField())->toBe('0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0');
-
-    $transaction = Transaction::find($transaction->id);
-
-    expect(is_resource($transaction->vendor_field))->toBeTrue();
-    expect($transaction->vendorField())->toBe('0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0');
-    expect($transaction->vendorField())->toBe('0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0');
-    expect($transaction->vendorField())->toBe('0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0');
-    expect($transaction->vendorField())->toBe('0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0');
-    expect($transaction->vendorField())->toBe('0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0');
-});
-
 it('makes transactions searchable', function () {
     $transaction = Transaction::factory()->create();
 
diff --git a/tests/Unit/Services/VendorFieldTest.php b/tests/Unit/Services/VendorFieldTest.php
deleted file mode 100644
index e9f8072bd..000000000
--- a/tests/Unit/Services/VendorFieldTest.php
+++ /dev/null
@@ -1,51 +0,0 @@
-<?php
-
-declare(strict_types=1);
-
-use App\Services\VendorField;
-
-it('should convert to hex', function ($content, $expected) {
-    expect(VendorField::toHex($content))->toBe($expected);
-})->with([
-    ['0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0', '3078524b656f495a394b6832673448736c6765487235423979626c48626e77575967666546674f33366e30'],
-    ['1', '31'],
-    [21, '3231'],
-    [null, null],
-    [1.4, '312e34'],
-    [true, null],
-    ['', null],
-]);
-
-it('should convert resource to hex', function () {
-    $resource = fopen('data:text/plain;base64,'.base64_encode('this is a test stream'), 'rb');
-
-    expect(VendorField::toHex($resource))->toBe('74686973206973206120746573742073747265616d');
-});
-
-it('should parse vendor field value', function ($content, $expected) {
-    expect(VendorField::parse($content))->toBe($expected);
-})->with([
-    ['3078524b656f495a394b6832673448736c6765487235423979626c48626e77575967666546674f33366e30', '3078524b656f495a394b6832673448736c6765487235423979626c48626e77575967666546674f33366e30'],
-    ['31', '31'],
-    ['3231', '3231'],
-    [184, '184'],
-    ['0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0', '0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0'],
-    ['Random vendorfield value', 'Random vendorfield value'],
-    [null, null],
-    [1.4, null],
-    ['1.4', '1.4'],
-    [true, null],
-    ['', null],
-]);
-
-it('should parse resource', function ($content, $expected) {
-    $resource = fopen('data:text/plain;base64,'.base64_encode($content), 'rb');
-
-    expect(VendorField::parse($resource))->toBe($expected);
-})->with([
-    ['3078524b656f495a394b6832673448736c6765487235423979626c48626e77575967666546674f33366e30', '3078524b656f495a394b6832673448736c6765487235423979626c48626e77575967666546674f33366e30'],
-    ['31', '31'],
-    ['3231', '3231'],
-    ['0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0', '0xRKeoIZ9Kh2g4HslgeHr5B9yblHbnwWYgfeFgO36n0'],
-    ['Random vendorfield value', 'Random vendorfield value'],
-]);
diff --git a/tests/Unit/ViewModels/TransactionViewModelTest.php b/tests/Unit/ViewModels/TransactionViewModelTest.php
index f9b70ab51..c25d8c7ea 100644
--- a/tests/Unit/ViewModels/TransactionViewModelTest.php
+++ b/tests/Unit/ViewModels/TransactionViewModelTest.php
@@ -989,34 +989,6 @@
     expect($subject->username())->toBeNull();
 });
 
-it('should get the vendor field', function () {
-    $transaction = Transaction::factory()->create([]);
-
-    DB::connection('explorer')->update('UPDATE transactions SET vendor_field = ? WHERE id = ?', ['Hello World', $transaction->id]);
-
-    $this->subject = new TransactionViewModel($transaction->fresh());
-
-    expect($this->subject->vendorField())->toBe('Hello World');
-});
-
-it('should fail to get the vendor field if it is empty', function () {
-    $transaction = Transaction::factory()->create(['vendor_field' => null]);
-
-    $this->subject = new TransactionViewModel($transaction->fresh());
-
-    expect($this->subject->vendorField())->toBeNull();
-});
-
-it('should fail to get the vendor field if it is empty after reading it', function () {
-    $transaction = Transaction::factory()->create([]);
-
-    DB::connection('explorer')->update('UPDATE transactions SET vendor_field = ? WHERE id = ?', ['', $transaction->id]);
-
-    $this->subject = new TransactionViewModel($transaction->fresh());
-
-    expect($this->subject->vendorField())->toBeNull();
-});
-
 it('should get the address of legacy multi signature transactions', function () {
     $this->subject = new TransactionViewModel(Transaction::factory()->multiSignature()->create([
         'sender_public_key' => $this->sender->public_key,