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Sylq

Sylq

Qori, now known as Sylq, provides a crypto payment solution that allows businesses to accept various cryptocurrencies on their POS terminals or mobile devices. The service converts the crypto payments to fiat, which is then deposited into the business's bank account, eliminating the need for merchants to handle crypto directly.
Paris, FR

Description

Qori, which has been rebranded as Sylq, offers a service for businesses to accept cryptocurrency payments and receive fiat currency directly into their bank accounts. The process involves merchants using an app on a POS terminal, iOS, or Android device to generate a QR code for the customer to scan and pay with crypto. The platform handles the conversion and provides daily settlements, ensuring merchants receive their funds in fiat the following day without needing to manage cryptocurrencies themselves. The service also aims to be a comprehensive payment platform by combining crypto payments with open banking and card payments.