Lightning to strike Shopify merchants with addition of BTC payments
Jack Mallers announced the new integration today at the Bitcoin 2022 conference and hopes to give more people access to what he sees as a better monetary system. Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network.The Lightning Network (LN) is a Layer-2 scaling solution for Bitcoin designed to facilitate faster and cheaper transactions.Strike CEO Jack Mallers revealed the new integration on stage at Miami's Bitcoin 2022 conference today. The move could allow Shopify’s almost two....
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At the Bitcoin 2022 conference in Miami, the Bitcoin Lightning Network seems to be getting closer to mass adoption as large companies start to partner with Strike. The digital payments platform built on the BTC network announced that it will integrate with Shopify and partner with payment firm Blackhawk and NCR, the world’s largest point-of-sale […]
GoCoin has become the latest payment processor to be integrated into the Shopify e-commerce platform, joining Coinbase and BitPay in offering cryptocurrency payments options to merchants on the platform. Unlike Coinbase and BitPay, however, GoCoin will allow merchants to take payments not only in bitcoin, but also the altcoins dogecoin and litecoin. Eric Benz, GoCoin's business development advisor, said the deal has been months in the making, and was only completed because Shopify merchants like GAW Miners asked the e-commerce platform for altcoin payment options. Benz explained: "In the....
Online e-commerce marketplace platform Shopify has announced a new partnership with bitcoin financial services provider Coinbase that will allow its roughly 70,000 merchants to integrate bitcoin processing services on their websites. The move is notable as Shopify began accepting bitcoin payments in November, electing at the time to offer BitPay as a payment option to its merchants. As a result, the announcement with Coinbase means Shopify merchants can now elect which major bitcoin processor they wish to use. Speaking to CoinDesk, Shopify director of payments Louis Kearns framed the....
Shopify merchants can now accept cryptocurrency payments from within the e-commerce platform. GoCoin has partnered with Shopify to enable the e-commerce service's 120,000 merchants to accept cryptocurrency payments. This announcement follows GoCoin's recent partnerships with other e-commerce services, including PayPal. Also Read: GoCoin Partnership Brings Bitcoin Payment Option to More than 1,000 Businesses. Shopify Partners with GoCoin to Bring Bitcoin Payment Option to 120,000 Merchants. On Wednesday, GoCoin announced a new partnership with online e-commerce platform Shopify. The....
U.S. bank Morgan Stanley published a report on Bitcoin and its second-layer payment solution Lightning Network. This BTC-based use case enables users to settle transactions in an instant, and records a 410% year-over-year growth, according to Arcane Research. Related Reading | Strike To Integrate Bitcoin Lightning With Shopify: Why It Matters This suggests that people are […]