Dello is Making Everyday Crypto Payments Easy – Cryptonews
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Millions of people own or use cryptocurrency, and Dello’s payment processing solutions make it easier for retailers to accept crypto payments from them.
MONTREAL, CANADA, JUNE, 2022 — In the world of cryptocurrency payment processing, sellers and buyers have often faced problems such as slow processing times, uncertain blockchain fees, and conversion or withdrawal delays. Canadian FinTech startup Dello has created payment processing and point-of-sale (POS) solutions that eliminate these problems.
Dello’s easy-to-use crypto payment processing platform includes hardware and software solutions that retailers and businesses can easily use. Dello partners can then offer frictionless crypto transactions to their customers for everything from coffee, snacks, and everyday services to big-ticket items such as cars, boats, and real estate.
Dello’s cryptocurrency payments are available via mobile devices and apps, including tablets, and e-commerce via the web. Dello is also seamlessly integrated onto the Poynt Smart Terminal, enabling merchants to accept crypto, credit, and debit all on the same device.
Dello is doing its part to make it easier for “people to instantly spend their crypto in-store and around the world.” To make this a reality, the payments provider offers retailers and buyers a number of features:
These are a few of the FinTech provider’s cryptocurrency payment offerings, but the company is expanding them. In recent comments, Dello’s President, Olivier Benloulou, stated, “We’re proud of the partnerships we’re making to deliver on our mission to enable easy, everyday crypto payments. Until people have somewhere to spend crypto, widespread crypto adoption is in a holding pattern. We’re here to break that pattern.”
Dello’s app gives retailers a digital platform for accepting cryptocurrency from their customers through a simplified interface: A buyer scans a QR code and sends crypto from their own crypto wallet. Transactions made via the Bitcoin Lightning Network are near instant with extremely low network fees. Following successful payment, the seller receives an equivalent amount of local currency in return for the crypto payment—sellers are never subject to crypto price volatility risk. Dello only takes a small processing fee for facilitating the transaction.
Dello states, “We let merchants accept crypto without having to handle, convert or even understand crypto. Merchants will receive the full purchase amount and don’t need to worry about crypto price fluctuations that may occur during the transaction. For their part, crypto holders get more places to conveniently spend their crypto. Because our services eliminate the need for intermediaries, transaction fees are greatly reduced. Everybody wins.”
Even better news for retailers, crypto payments made via Dello are irreversible. This means that businesses are safe from chargeback fraud and related losses common with conventional payment processing.
Dello’s menu of cryptocurrency solutions for in-store retailers and sellers of all kinds is designed to demystify and simplify crypto payments. They enable anyone to buy or sell in crypto confidently and easily. Interested potential partners should contact the payment provider at dello.com.
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