• 14 July, 2024
News

Bitcoin Lightning Network Access for Businesses Thanks to Strike and Clover

Jack Mallers, the CEO of Strike, took to Twitter to make the announcement that the company is now an integrated partner with payments giant Fiserv, which is also the parent company of Clover. As a direct result of this, Strike has released a pilot interface with Clover that enables retailers to accept bitcoin payments via the Lightning Network.

Mallers also mentioned that this deployment is a part of a trial period that will last for ninety days during which the expenses and the speed of transactions will be analyzed to determine whether or not the integration will be successful.

In addition, the amount of revenue that merchants earn from incorporating Lightning is going to be examined as part of this study.

Mallers stated:

“Ultimately, these payment giants want to see Lightning in action. They want to feel it, touch it, and see people use it. An open, instant, cheap, inclusive, and innovative payment network seems too good to be true. Time to show Lightning is the world’s superior payments rail.”

Clover merchants that wish to enable payments that are both cheaper and faster through the use of the Bitcoin Lightning Network can now get in touch with Strike as the trial period has officially begun.

The Bitcoin payment company recently announced its partnership with the smartphone app Bitnob, making it possible to send rapid and cheap remittances to Africa.

Users in the United States will be able to take advantage of this, and it will initially extend coverage to the countries of Nigeria, Ghana, and Kenya. Through this collaboration, the three African countries can receive instant, cheap, local currency payments over the Bitcoin Lightning Network.

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