Leading consignor Taylor Made Sales has announced a partnership with the Montreal-based fintech company Dello to offer cryptocurrency payments to its customers.
“Taylor Made has clients from all over the world,” said Taylor Made CEO Mark Taylor. “We want to make things as easy as possible for them. Accepting crypto makes good business sense.”
Dello enables sellers to accept cryptocurrency without ever having to convert it or handle it directly, according to a press release from Taylor Made. Since the crypto payments are settled in local currency, the seller doesn't have to change the way he handles his accounting procedures. Also, by converting the crypto to local currency at the time of purchase, Dello guarantees the seller receives the exact amount they charged the customer, minus a small fee.
Olivier Benloulou, President of Dello, explained, “Dello provides merchants with a comfort zone for crypto acceptance. We eliminate concerns about price volatility and tax issues which have been two of the biggest barriers to the adoption of crypto-enabled payments. Our service enables merchants to venture into the world of crypto with fewer worries. It is an honor to work with a company like Taylor Made.”
Taylor Made will start accepting crypto payments this month for all of their services.
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