Can accepting crypto benefit your business? Dello may be the answer – Bitcoin News Press Release

press release

PRESS RELEASE. Montreal, Canada, June 2022. Fintech startup Dello wants to make the world of “everyday cryptocurrencies” possible for both consumers and sellers. The Montreal, Quebec-based company has developed a user-friendly payment processing platform that is made available to online businesses via e-commerce payments and retail locations via Poynt Smart Terminal, tablet and mobile app.

With these hardware and software solutions, companies working with Dello can reasonably, quickly and easily accept Bitcoin payments from consumers anywhere, including instant transactions via the Bitcoin Lightning Network.

According to Dello’s president, Olivier Benloulou, “We are proud of the partnerships we enter into to deliver on our mission to enable simple, everyday crypto payments. Until people have a place to use crypto, widespread crypto adoption is in a holding pattern. We’re here to break that pattern.”

What Dello offers business owners through their platform and payment processing solution includes several key features:

• Instant transaction validation – as fast as or faster than using a credit card – via Bitcoin Lightning Network
• Transaction fees that are lower than most credit cards are between 1.25 – 0.1%.
• An end to dreaded fraudulent returns thanks to crypto’s irreversible payments
• Protection against volatility in cryptocurrencies and rapid settlement of funds in the seller’s local currency

Accepting cryptocurrencies can also benefit high-priced transactions. As representatives of Dello simply said: “Our fees scale based on payment amount. Larger payments, smaller fees.”

How does it work?

At the time of purchase, the seller enters the amount and presents the customer with the available payment options. If the customer chooses to pay with crypto, they scan a QR code from the crypto wallet and send the payment. Dello converts the crypto to local currency during the transaction and the seller receives the purchase amount, minus a small processing fee, deposited in his bank account.

Dello elaborates, “Sellers will receive the full purchase price and do not have to worry about fluctuations in crypto price that may occur during the transaction. On the other hand, crypto holders get more places to use their crypto. Because our services eliminate the need for intermediaries, transaction fees are significantly reduced. Everyone wins. “

Dello’s cryptocurrency processing platform is seamlessly integrated with Poynt Smart Terminal, allowing retailers to offer cryptocurrency payments alongside standard debit and credit card transactions on the same device. Sellers enter the payment amount and select the payment option “Dello Crypto” to start the process.

Dello develops new solutions for traditional POS and online payment processing while integrating simplified, affordable cryptocurrency payments in a convenient way. Dello hopes to shape a new future for retail that is not dependent on traditional banking systems and financial channels. Contact them for more information via dello.com.

This is a press release. Readers should do their own due diligence before taking any action related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on the content, goods or services mentioned in the press release.

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