More ways for customers to pay
Superfast and Supersafe payments
With cryptocurrencies such as Bitcoin increasingly being used for payments, Lolly has developed a hospitality industry first Bitcoin crypto currency payment integration. This enables hospitality providers to take Bitcoin payments for food and drinks, with its super-fast transaction speeds of 0.25 seconds. This payment solution offers a number of advantages over traditional payment methods, such as lower fees and faster processing times. And with the payment instantly deposited to the vendor’s account in Sterling.
Cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit
A strong partnership
We have teamed up with CoinCorner to offer this service functionality:
- Available across Lolly’s full range of tills
- Bitcoin is the preferred crypto currency
- Super-fast transaction speeds via the Lightning Network
- Payments instantly into your bank account in sterling
How does it work?
1. Customers use the CoinCorner app for their Bitcoin account
2. The POS operator selects CoinCorner as the payment method
3. A QR code is displayed on the POS rear display
4. The customer scans this through the CoinCorner app
5. A payment is made via the ‘Lightning Network’
6. With transactions completing in under 1 second
7. The money is deposited in pounds sterling to your bank account
Access online management and reporting in real time via PC, tablet or mobile phone
Lolly empowers you and your business with an effective analytics dashboard tailored to report on your Key Performance Indicators (KPIs). Monitor a single till, multiple tills and multiple sites, from any device, wherever you are in the world.
Our remote management offering is second to none, enabling complete stock control as well as adjustments to product pricing at any time. All of your essential sales and configuration data is automatically backed up on our cloud-based Lolly HQ.