Lumo Wallet Launches Lumo Business: One Platform to Accept, Invoice, and Settle Crypto Payments

Merchants can now onboard in 24 hours with 0% processing fees, instant settlement, and no chargebacks or rolling reserves

A customer adds something to their cart, opens their wallet, scans a code, and it is done. No redirect to a third party page, no new account to create, no five minute wait wondering if the payment actually went through. That is the checkout moment Lumo Business was built around, and it is now available to merchants everywhere.

Lumo Wallet announced Lumo Business, a suite of crypto payment tools that includes Lumo Pay for online checkout, Lumo Invoicing for sending and tracking payment requests, and Lumo POS, a wireless in-store terminal arriving in Q1 2027.

Lumo Pay: checkout that does not feel like a detour

Most crypto checkouts ask customers to leave the thing they are actually buying to go figure out a payment gateway. Lumo Pay skips that. Customers see the token, the network fee, and the total in one place, approve it from their own wallet, and the payment clears. From there, the funds sit in the merchant Lumo Wallet, ready to spend on a Lumo Debit Card, swap, stake, send elsewhere, or move straight to a bank account.

The economics stay simple too:

• 0% processing fees

• 1.5% flat withdrawal fee

• No chargebacks

• No rolling reserves

• Instant clearance

• Onboarding and integration in 24 hours

Lumo Invoicing: getting paid without chasing anyone

For businesses that bill instead of running a storefront, Lumo Invoicing turns "please pay this" into something a customer can actually act on. They open the invoice, see the exact amount owed, scan, and pay. On the merchant side, transaction callbacks and webhook ready flows mean the business does not have to babysit a dashboard to know a payment landed. A Business API Hub with 13 integrations is there for teams who want to fold invoicing and payments directly into tools they already use.

Lumo POS: the same moment, now at the counter

Coming Q1 2027, Lumo POS brings this exact experience into physical stores. The merchant keys in the total, the customer scans with whatever wallet they already have on their phone, and the sale clears instantly, same 0% processing fees and 1.5% flat withdrawal as everywhere else in Lumo Business.

Why merchants are paying attention

Most payment processors hold onto merchant money in a rolling reserve, take a cut of every sale, and leave chargebacks as a standing risk the business has to absorb. Lumo Business was built to remove all three, giving merchants a wallet first, transparent way to get paid that matches how crypto actually moves.

Merchants can start accepting crypto today by signing up for Lumo Pay or booking a demo with the Lumo Business team.

About Lumo Wallet
Lumo Wallet is a non-custodial crypto wallet offering swaps, a debit card, on/off ramp, staking, and a business suite spanning checkout, invoicing, and point-of-sale payments. Lumo Wallet does not issue, support, or have any affiliation with any cryptocurrency token.

Media Contact: https://lumowallet.com/crypto-checkout