Today marks an exciting milestone in the mainstream adoption of Bitcoin. Thanks to the integration of the Bitcoin Lightning Network with Clover, a leading cloud-based point of sale (POS) platform, merchants around the world can now accept Bitcoin payments more easily than ever.
This integration was made possible thanks to a partnership between Strike, a global payments platform, and Fiserv, the parent company of Clover.
As Strike CEO Jack Mallers announced on Twitter, the integration is live and will be available for merchants to test over the next 90 days. It’s a big step forward for Bitcoin’s adoption as a means of payment.
Until now, using Bitcoin to buy goods and services has been a cumbersome process since most merchants don’t accept it, and those that do often require a long wait time to complete the transaction.
The Lightning Network changes that. Not only is it faster and more secure than traditional payment networks, but it’s also cheaper, making it an attractive option for merchants and customers alike.
The Lightning Network can also be used with any service that can send Lightning payments, meaning that merchants can accept Bitcoin payments via Cash App, a node over Tor, or any other service that supports Lightning payments.
This integration isn’t just good news for merchants either. It’s also a big deal for Bitcoin investors. The integration means that Bitcoin can now compete side-by-side with traditional payment networks like Visa and Mastercard, which could open the door for more widespread adoption of the digital currency.
At the end of the 90-day pilot phase, Strike and Fiserv will measure and track settlement speed and cost compared to other networks. If the results are positive, Bitcoin Lightning could be integrated directly into Clover, making it available to all Clover merchants by default.
It’s an exciting time for Bitcoin, and the integration of the Lightning Network with Clover could be a huge step forward in its mainstream adoption. With more merchants accepting Bitcoin, more people could be encouraged to invest in the digital currency, which could positively affect the entire crypto market. Write a meta description that’s no more than 156 characters for this article.
Bitcoin payments just got easier! Thanks to a partnership between Strike and Fiserv, Clover merchants can now accept Bitcoin payments over the Lightning Network. Test the integration over the next 90 days and see how Bitcoin and Lightning can make payments faster, cheaper, and more secure.
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