The integration of the Internet of Things (IoT) into healthcare systems has opened new avenues for enhancing medical services, particularly in the distribution and management of medication. This paper introduces an IoT-Based Smart Medicine Dispenser designed to streamline the process of medication dispensing through advanced user authentication and digital payment integration. Aimed primarily at serving remote and rural communities, the system ensures that individuals have 24/7 access to their prescribed medications without the need for physical travel to pharmacies or healthcare centers. The dispenser operates on a secure platform where users are authenticated using a unique username and password assigned by the system administrator. Upon successful authentication, the patient can access their prescribed medication, which is dispensed according to the dosage and frequency outlined by their healthcare provider. The quantity of medicine dispensed can also be adjusted based on the user’s selection, provided it aligns with the prescribed parameters. A notable feature of the system is its digital payment mechanism, which utilizes preloaded digital points on a user-specific card. This card, issued and managed by the system administrator, allows for a cashless transaction, where points are deducted according to the medication dispensed. Users can easily recharge their cards with additional points through the administrator, ensuring continuous access to their medications. The smart dispenser is equipped with sensors and an inventory management system that alerts the administrator when stock levels are low or when medications are nearing their expiration dates, facilitating timely replenishment and ensuring the availability of safe, consumable medicines.