Dash Investment Foundation Invests in CrayPay to Offer Dash Payments in at 155,000 U.S. Locations
The Dash Investment Foundation has invested in CrayPay, a big American loyalty platform that allows users to earn instant rewards at thousands of local online and in-store chains. The partnership is expected to enable Dash spending at over 150,000 merchant locations and over 75 retailer websites across the United State including American Eagle, Best Buy, Chili’s, CVS, Domino’s, DoorDash, GAP, Lowe’s, and Staples.
In coordination with the Dash Investment Foundation’s investment, Dash Core Group has reached an agreement to create a white-label version of CrayPay’s application exclusively for Dash users. Low transaction fees of the Dash network will allow the new app to offer a wider set of merchants and greater savings than is typically available through the regular CrayPay application.
Ryan Taylor, CEO of Dash Core Group, commented on the partnership:
“CrayPay is the perfect solution to provide Dash users with a convenient method of spending their Dash at a huge number of merchant locations, through an application that delivers a great purchase experience. Not only will users have access to more spending opportunities for their Dash, but they can save significantly more than they could paying with a cash-back credit card, providing a strong incentive for using Dash as often as possible.”
Dash users will soon be able to benefit from the unique savings opportunities offered on the platform, and the large number of locations supported. Savings will increase along with an increase in the number of Dash users joining the app. According to Darren Tapp, the Dash Investment Foundation Supervisor, “not only does CrayPay have tremendous potential as a business, but there is obvious value for Dash users.”
“We’re excited to work with the Dash community to bring our loyalty program to Dash users. Dash’s InstantSend technology eliminates chargeback risks, which enables CrayPay to instantly authorize payment to our merchant partners, so Dash really is the best option for instant low-cost payments on our platform,” as noted by Marshall Greenwald, CEO of CrayPay.
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