Cryptocurrency payments become simple and fast with extremely low fees thanks to Dello’s point-of-sale (POS) transaction software and hardware.
Cryptocurrency transactions between retailers and customers no longer have to be difficult, expensive or time-consuming, thanks to Dello.
The Montreal-based FinTech startup has removed these obstacles to help the crypto commerce ecosystem thrive. The provider offers software and hardware solutions that make accepting crypto and receiving cash as frictionless as taking credit or debit card payments. Dello is also seamlessly integrated on the Poynt Smart Terminal, making it possible for merchants to accept crypto, credit, and debit payments on the same device.
Dello’s President, Olivier Benloulou, says, “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.”
To make easy crypto payments a reality, Dello offers a range of specific benefits that it believes will greatly improve the acceptance of these coins:
- Instant transactions via the Bitcoin Lightning Network—as fast as credit and debit
- Transaction fees are between 1.25 – 0.1%: the larger the purchase, the smaller the fee
- Protection against chargeback fraud by offering full, non-reversible transactions
- Multiple payment processing solutions that include seamless integration on the Poynt Smart Terminal, online e-commerce software, and mobile device compatibility
- Integration with existing, conventional POS solutions through Dello Bridge
- OTC payments for big-ticket transactions such as vehicles, real estate, and more
Retailers that want to partner with Dello can set up their own crypto payments system through an easy online application process.
As Dello explains about the fundamentals of its payment processing, “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.”
The transactions happen almost instantly, and Dello then exchanges the cryptocurrency to local, fiat currency, which is deposited into the retailer’s bank account, minus a small processing fee. The payment provider stated, “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.”
Cryptocurrency ownership and use among crypto holders worldwide are rising rapidly, and Dello wants to easily cater to these many potential customers. Interested sellers can contact the company through its website at dello.com.