RocketFuel Introduces Industry’s First “Price Settlement Guarantee” to Protect Traders From Crypto Volatility
SAN FRANCISCO, June 29, 2021 / PRNewswire / – Rocket fuel (OTC: RKFL) (“RocketFuel” or the “Company”), a global provider of crypto payment solutions, today announced what it believes to be the industry’s first “Price Settlement Guarantee” which enables traders to always receive deposits equal to the quoted price of goods sold without ever being affected by fluctuations in the crypto-fiat exchange rate. With RocketFuel, traders can now fully capitalize on their sales without having to worry about rejecting orders due to lower final settlements value.
As with foreign exchange transactions, cash deposits from crypto payments can fluctuate due to volatility in conversion rates, making it difficult for merchants to receive the full listed price of the product after ordering. When this happens, traders are forced to accept the lower settlement, contact the client to request additional funds, or decline the trade altogether, which negatively impacts traders and makes it difficult to predict profitability.
RocketFuel is the only crypto payment solutions provider that guarantees merchants full payment for the price of goods or services purchased. As soon as the customer hits “send”, RocketFuel locks the price at the current exchange rate and settles the trade at that rate, regardless of how the market fluctuates in the intervening period.
This ensures that traders get all the benefits that crypto payments offer: low fees, fast cross-border transactions, no chargebacks and no drops while being protected against any downside risk from exchange rate fluctuations.
“Reconciling crypto deposits with online orders has always been a tedious exercise. The same $ 100 plane ticket may appear in our system as $ 98.53 or $ 99.01 after the crypto-dollar conversion, which leads to confusion and ultimately loss of income. Providing online merchants with an automatic price settlement guarantee is definitely a step in the right direction, ”said Randy Alleyne, CEO of Sky-tours, a provider of discounted travel fares.
RocketFuel has always looked for ways to help merchants improve their sales and access to customers around the world. Our new Price Settlement Guarantee takes it to the next level by making it easier for merchants to accept crypto payments without No exchange rate risk. This merchant-friendly approach makes the crypto payments experience easier and more accessible to merchants so that they can focus on growing their business and not on back-reconciliation tasks. office ”, said Peter Jensen, CEO of RocketFuel.
About RocketFuel Blockchain, Inc.
RocketFuel is a global payment solutions company that offers online shoppers a simple, easy-to-use one-click payment process that accepts payments with Bitcoin and over 50 cryptocurrencies. RocketFuel offers a highly secure and efficient shopping cart experience with very low fees for merchants, along with the benefits of zero chargebacks and card denials. RocketFuel’s solutions focus on enhanced protection of customer privacy, eliminating the risk of data breaches while improving speed, security and ease of use. Buyers of RocketFuel powered online stores enjoy smooth payment and forget about the bulky cart paradigm of the past. RocketFuel merchants are able to implement new impulse buying patterns and generate new sales channels that are not available in other current ecommerce solutions. More information about RocketFuel is available at: www.rocketfuelblockchain.com
The Company believes that this press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may”, “could”, “should”, “should”, “could”, ” project ”,“ estimate ”,“ pro-forma ”,“ predict ”,“ potential ”,“ strategy ”,“ anticipate ”,“ attempt ”,“ develop ”,“ plan ”,“ help ”,“ believe ”,“ continue ”,“ intend ”,“ expect ”,“ the future ”and terms of similar importance (including the negative of any of these terms) may identify forward-looking statements. These forward-looking statements, including, but not limited to, statements regarding management’s plans and objectives for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could result in materially different results from forward-looking statements. The actual results and timing of certain events and circumstances may differ materially from those described in forward-looking statements due to these risks and uncertainties. Factors that may influence or contribute to the accuracy of forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the products and services of the Company. society ; competition from existing products or new products that may emerge; the implementation of the business model and strategic plans of the company for its activities and our products; estimates of future income, expenses, capital requirements and financing requirements of the business; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties associated with them. For more information on these risks and uncertainties, we encourage you to consult the documents filed by the Company with the Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K for the year ended. March 31, 2020 and Quarterly Report on Form 10-Q for the completed fiscal quarter December 31, 2020. The Company assumes no obligation to update forward-looking statements as a result of new information or future events or developments, except as required by law.
SOURCE RocketFuel Blockchain Inc.