Connect with us
Active Currencies 14024
Market Cap $2,510,096,208,614.37
Bitcoin Share 50.72%
24h Market Cap Change $0.69

Payments made easier with Dello

2min Read

Share this article

Dello offers a unique array of solutions for retailers who use conventional payment methods and want to accept cryptocurrency payments.

Retailers now have a unique payment processing solution that seamlessly integrates crypto payments into the traditional payments flow.

The Canadian FinTech company has combined technologies so sellers can offer their customers payments via cash, credit, debit, and crypto with the same speed and ease. Dello’s technology integrates several major features and benefits to enable almost any seller to offer their customers a robust multi-payment option.

The company offers complete POS integration with compatible banking solutions and a robust selection of payment options for cryptocurrency that include key features such as:

  • Instant transactions via the Bitcoin Lightning Network
  • Risk-free payment acceptance thanks to non-reversible transactions that remove costly chargeback fraud
  • Immediate conversion of crypto at the time of payment ensures the settlement of the full payment amount as local currency
  • Integrations for retail POS via the Poynt Smart Terminal and tablets or mobile app, as well as e-commerce
  • Transaction fees that start at 1.25% and scale as low as 0.1% for larger purchase amounts

As explained by Olivier Benloulou, President of Dello: “Someone enters a business to buy something valued at X dollars and pays in crypto. Dello takes the crypto and guarantees the exact dollar value to the business.

Sellers and interested retailers can sign up for a payment processing relationship with Dello through their online registration form. Dello also offers OTC crypto payments for merchants who want to sell high-ticket items like cars and major products directly to buyers without using banking intermediaries.

Dello further explains how they de-risk their crypto payments: “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.”

With Dello’s cryptocurrency payments process, a merchant who wants to sell anything, small or large, enters the price in local currency. The buyer selects their preferred crypto and is presented with a payment amount equivalent to the amount entered by the seller. The buyer then scans a QR code and sends crypto from their own crypto wallet. 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.

This solution makes using crypto for commercial transactions of any size easier for online and retail POS businesses alike. Dello’s technology has the potential to be a powerful sales tool for the growing number of people using and owning crypto worldwide. Interested sellers can contact Dello through its website.

Disclaimer: This is a paid post and should not be treated as news/advice.

Share

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.