LUCERN, Switzerland — Vendo Services will offer free crypto payment processing to its client base throughout 2023.
"Online payments have grown exponentially globally yet customers’ payment-method preferences vary depending on where they live,' said Vendo CEO Mitch Platt. "In Brazil and Argentina, for instance, very few people own credit cards. In other countries like Germany, credit cards are widely available yet not the favored method of payment for online purchases. In these markets, providing crypto as a payment modality could be a game-changer."
Platt touted the company's protocols for ensuring the privacy and validity of crypto transactions.
"At Vendo, our compliance and transparency protocols for crypto are the same as those applied for traditional credit card payment methods," he said. "This helps to confirm the validity of the merchant and their business, while ensuring anonymity for the consumer."
Vendo recently partnered with ACI Worldwide to offer crypto payment processing.
"We see cryptocurrency becoming increasingly prevalent as a viable, proven way for merchants to build their customer base, boost sales and gain a competitive advantage in their industry," Platt continued.
For more information, visit Vendo Services online.
