{"id":23092,"date":"2019-05-01T01:48:54","date_gmt":"2019-05-01T01:48:54","guid":{"rendered":"https:\/\/www2019.dash.org\/?p=23092"},"modified":"2021-09-18T11:43:46","modified_gmt":"2021-09-18T11:43:46","slug":"dash-retail-releases-merchant-transaction-tracker-fiat-conversion-rates-api","status":"publish","type":"post","link":"https:\/\/www.dash.org\/news\/dash-retail-releases-merchant-transaction-tracker-fiat-conversion-rates-api\/","title":{"rendered":"Dash Retail Releases Merchant Transaction Tracker, Fiat Conversion Rates API"},"content":{"rendered":"

Dash Retail has released a merchant transaction counter for its point-of-sale app, as well as a revamped rates API for calculating fiat currency valuations.<\/p>\n

A Dash\u00a0treasury proposal<\/a>, Dash Retail aims to provide a single workable solution for merchants around the world wishing to accept Dash for payments. So far the project has released an\u00a0alpha point-of-sale app<\/a>\u00a0based heavily on the\u00a0Spark app<\/a>, a\u00a0merchant transaction tracker<\/a>\u00a0and statistics page, and a\u00a0conversion rates API<\/a>\u00a0to provide a uniform and accurate conversion rate to various fiat currencies. According to project lead Ash Francis, Dash Retail was created to serve the needs of merchants seeking to accept Dash without significant pain points:<\/p>\n

\u201cTo scale to hundreds of thousands of merchants, Dash needs enterprise grade merchant software. The Dash Retail platform offers that with its improved user experience, bullet-proof reliability the local teams can depend on and enhanced features needed by the DAO, our adoption teams and their merchants. These enhanced features include instant fiat hedging to remove volatility risk from merchants accepting Dash, a fiat-gateway solution to allow people to buy, sell and spend Dash at thousands of locations and a remittance platform to allow people to send money across the world instantly. This is all backed up by best-in-class infrastructure, full reporting and a responsive development team constantly improving the product based upon feedback from the teams and merchants using it.\u201d<\/p><\/blockquote>\n

Dash Retail joins Spark and\u00a0Anypay<\/a>\u00a0as popular Dash point-of-sale apps, and joins Anypay in providing a\u00a0transaction statistics resource<\/a>, while aiming to provide a rounded-out solution beyond the scope of the other two systems.<\/p>\n

A community collaboration across Dash-funded projects and volunteer developers<\/strong><\/p>\n

Dash Retail has benefited from collaboration between several different Dash ecosystem projects. The initial point-of-sale app was heavily based on the open-source Spark app, and Dash Rates built on the work of Spark developer Kodaxx, who sees the project as an exciting and much-needed expansion beyond his work:<\/p>\n

\u201cSpark itself is pretty solid, but I think what they\u2019ve done with Dash Rates is spectacular. It\u2019s been taken to a whole new level \u2013 and since that\u2019s where nearly all of the problems with Spark stemmed from, it was much needed! I have full confidence in Ash and Alex\u2019s development skill and can\u2019t wait to see where it goes.\u201d<\/p><\/blockquote>\n

Dash Rates is currently implemented into the Dash Retail solution, with plans to be integrated into the official Dash iOS and Android wallets, as well as other projects in the Dash ecosystem. This will enable the entire Dash experience to use the same source of determining real-time fiat currency valuations for Dash, solving a major point of confusion for users.<\/p>\n