Tillo Gives Consumers The Option To Cash Out!
Tillo Gives Consumers The Option To Cash Out Their Crypto Onto A Digital Gift Card Of Their Choice, Opening Up A World Of Retail Spending Opportunities.
Here’s how it works…
The problem with crypto cash-out to fiat currency
Existing fiat cashout options – converting cryptocurrency into government-issued legal tender – often come with significant fees, and it can take days for funds to be transferred to an external bank account. This makes living off crypto challenging for consumers and difficult for brands to capitalize on the revenue potential tied up in cryptocurrencies.
The power of gift cards
Enabling cashout to digital gift cards, however, gives crypto customers greater flexibility, control, and choice over how they use their tokens. What’s more, they are delivered instantly and can be used globally. This makes it easier for crypto users to live on their cryptocurrencies and allows brands to capitalize on previously untapped revenue potential.
How Tillo gives crypto exchanges a new cash-out option
Tillo is helping crypto exchanges like Bitrefill to expand their off-ramp offering to include digital gift cards. A single API connection to Tillo enables crypto exchanges to grow their revenue opportunities by offering more choice and personalization options to their unbanked and security-conscious customers.
How Tillo is connecting retailers with untapped revenue
Tillo also helps retailers looking to tap into the lucrative revenue potential of crypto. Brands on the Tillo network have the option to connect with verified crypto exchanges and offer their gift cards as a crypto cash-out option. All crypto transactions are processed by the exchange, and only fiat currencies like $ and £’s are processed between Tillo and the brands.
Find out more about Tillo for retailers interested in crypto
Get in touch with Tillo today:
Leigh Carrington
Senior Business Development Manager | Tillo | leigh.carrington@tillo.io
Visit Tillo’s website: https://www.tillo.io/