What use is money if you cannot spend it?
Which is why we have designed the DéMars solution to include merchant acceptances.
Merchants pay at least 2% in credit card or mobile money processing fees. That’s too much.
At DéMars, if you retain your funds within the wallet, you pay ZERO fees and withdrawals only cost 1%.
Now that’s at least half what merchants are paying at present.
Transactions are essentially free. No need to carry a card. Simply open the DMC wallet App, select the currency you want to pay with, tap pay and scan the QR code of the participating merchant. That’s it. Transactions are processed and confirmed in less than 5 seconds.
DéMars has to date launched an android wallet as its sole application product. As such, the solution may currently only be suitable for informal traders.
We will be launching a web wallet towards the end of 2019, which will be offered to online merchants. Thus enabling them to reach a whole new market, with zero chargeback risk.
Should you be interested in learning more about our merchant solutions, please do not hesitate to contact us.