Strike Announces Cash Back, Letting Merchants Pass On Lighting Network’s No-F...
Strike, the application from Zap that lets users transact through the Lightning Network using their debit card or bank account, is now offering cash back rewards, according to an announcement that founder Jack Mallers shared with Bitcoin Magazine. “Today, we are releasing Cashback by Strike, our first Strike Rewards program,” Mallers wrote in the announcement. “Cashback is about as conceptually simple as it gets. You simply scan, confirm, and earn cash that is instantly available in your Strike account.” As with its Strike product in general, the Zap team emphasized the ease of....
Related News
Strike wallet is one of the leading financial platforms in Argentina that provides an easy Bitcoin payment transaction through Lighting Network. In addition, the platform incorporates a Bitcoin network, allowing users to perform worldwide payment rails. For these transactions to be successful, payments on the Strike platform are exchanged for BTC. The transactions move forward […]
One of the key benefits for merchants when it comes to accepting bitcoin is cost savings. For every payment received via credit card, there will be a processing company charging a whopping 2-3 % on each transaction. Over time that gets expensive. And with bitcoin, the customer pays a small fee of a few cents. Seems like a win-win, right? It is. But a common question is: what incentive does a customer have to use bitcoin? Certainly it seems like the merchant is benefiting most here. Now consider what the average consumer would do: help the merchant save on fees or earn airline miles or....
Under the terms of a $7.2 billion class action settlement that a US federal judge approved in November, starting this Sunday, merchants will gain the legal right to charge credit card-paying customers extra to make up for their processing fees. Currently, every time a customer makes a payment with a credit card, merchants are charged about $0.25 + 2.9% for the transaction, and for many years, major credit card companies have included a term in their merchant agreements forbidding merchants from using surcharges or discounts to encourage their customers to pay with cash instead. The result....
The payments app has launched a new feature for its credit card offering that allows users to convert cash-back rewards into BTC for free.
Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value in cash. This value will be held in the form of USDT, with no option for storing bitcoin, at least at launch.
Strike Brings Stablecoin Integration to Argentinians
Strike, a popular bitcoin-based wallet, has launched in Argentina, bringing a new way for Argentinians to store their....