Cryptocurrency is gaining popularity around the world as a practical way to perform transactions at lower costs. Dello is helping merchants join the crypto revolution.
MONTREAL, CANADA, JUNE, 2022 – A Montreal-based FinTech company, Dello, has a way to help merchants in e-commerce grow their businesses as the world transitions to Web 3.0. As cryptocurrency becomes more commonplace, with benefits to retailers and consumers alike, many business owners are looking for ways to accept crypto payments even if they don’t fully understand it.
Dello is a company offering a convenient solution to merchants who don’t want to handle or learn about the nuances of cryptocurrency, but who still want to help buyers by accepting crypto payments. With Dello, merchants can:
- Accept crypto payments but receive assets in local currency
- Accept crypto payments of any size
- Avoid the risk of crypto price volatility
The company shared about their journey, “To be where we are today, we went through a lot of sleepless nights—lots of market studies and changes from week to week, course-correcting to be the best in the game.
“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.” – Olivier Benloulou
Regardless of their industry, merchants are constantly looking to grow their businesses, and in the digital age, that means expanding their online presence to make purchases more convenient for customers. One of the most significant challenges businesses have faced in the past decade is rising overhead costs due to inflation. In May 2022, inflation in the US was at 8.6%, its highest rate since 1982.
The expenses associated with operating a brick-and-mortar retail location (e.g., rent, wages, and stock/supply) are ever-increasing. When businesses turn to e-commerce solutions, they can grow their business at the same rate, or faster, without the costs of maintaining a physical location. E-commerce business is much more affordable and is the perfect case for accepting cryptocurrency payments through services like Dello, which offer lower transaction fees than credit cards.
Another significant advantage for growing businesses considering focusing their efforts on e-commerce shops rather than physical stores is the ability to collect data about customer movement. With an e-commerce shop, it’s possible to see how many consumers are visiting the store, what products they are looking at, how much time they’re spending engaging with specific items or services, and whether they’re buying or leaving products in their cart. This data provides valuable insights to a merchant about their most popular products and services.
In the e-commerce space, cryptocurrency is another attractive way to bring buyers into a store. An estimated 34 million Americans own cryptocurrency, and these consumers are eager to spend their coins at retailers around the globe. By adopting a service like Dello, it’s possible to integrate crypto payments into a digital business without hassle.
Merchants looking to grow their online business or use Dello’s integrations can register on their website. The sales team will contact interested retailers within 1-2 business days.
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