Strike has launched a Shopify integration that allows merchants to accept Bitcoin Lightning payments.
“We're proud to partner with Shopify to provide merchants with a cheaper and faster way to accept U.S. dollars using Bitcoin technology,” announced Jack Mallers, founder and CEO of Strike. He continued, “The Lightning Network is a global payments network that lowers costs, enhances speed, drives innovation, improves financial inclusion, and brings the power of choice to consumers and merchants.”
Payments Modernization
The Shopify merchant interface, which was created with convenience of use in mind, allows businesses to accept bitcoin payments in US dollars.
Shopify businesses who use the Strike connection can receive payments from all across the world and save money on processing fees by using cash-final settlement. Shopify retailers may use Strike's integration to expand their existing payment alternatives and tap into untapped global markets and purchasing power. Strike's connection also lets Shopify merchants to save money by processing payments at a minimal cost. Strike eliminates some of the hassles that retailers experience when dealing with bitcoin by rapidly converting bitcoin payments to dollars.
Expansion of Strike Commerce Is Underway
Warren Lotas, a LA-based streetwear company focusing on making high-quality products with one-of-a-kind artwork hand-drawn by Warren himself, is one of Strike's inaugural merchant partners (www.warrenlotas.com). Any merchant interested in using Strike can apply for early access at merchants.strike.me. Strike's aims to expand bitcoin acceptance for online and in-store transactions include launching an integration on the Shopify platform.
About Strike
Users can send and receive payments anywhere, at any time, with no additional expenses. Strike is based on the Bitcoin network, which is the world's largest, most interoperable, and open payment system. Open payment networks, according to Strike, enable universal financial system participation, ushering in a new digital economy with fully borders money transfers. Strike takes advantage of Bitcoin's open payment network to provide users with the world's first worldwide peer-to-peer payments software as well as a unique bitcoin-native financial experience. Visit www.strike.me for more information. Strike is available on the App Store, Google Play Store, and Chrome Web Store.
MIAMI — Strike CEO Jack Mallers unveiled a litany of high- powered hookups for Bitcoin’s Lightning Network at the Bitcoin 2022 conference in Miami on Thursday – including integration with eCommerce mammoth Shopify.
“ You ’re gon na be suitable to walk into ” millions of American storefronts that plug into the payments stalwarts and pay across the Lightning Network.
Mallers said Strike partnered with NCR( NCR), the world’s largest point- of- trade( POS) supplier, and payments firm Blackhawk.
Speaking before a packed house at the Miami Beach Conference Center main stage, Mallers, an hot bitcoiner and Lightning Network advocate, said his “ King’s Gambit ” would bring Bitcoin back to its payments roots.
Still, ” he said, “ If we can help make the Bitcoin network more accessible and usable we believe we can change the world. using Bitcoin as a cheap payments network is critical to that, he said, differing it with the “ caviar- eating ” history of boomer bank- issued credit cards that he said has n’t founded( beyond onboarding mediators and their freights) in times.
“ There’s not been since 1949 a superior payments network that allows us to introduce ” for consumers, he claimed. “ Let’s make the superior payments network from scrape. ”
His lead- up laced in affront, Mallers ’ lucre was simple Bitcoin’s Lightning Network “ carries all the parcels ” for homegrown success.
He said Strike would mate with Shopify’s global network of merchandisers to allow for payments across the Bitcoin Lightning network – for those merchandisers who want to conclude- in.
“ Strike’s integration enables Shopify merchandisers to diversify their being payment options and reach untapped global requests and copping
power. Strike’s integration also allows Shopify merchandisers to induce savings through low- cost payment processing. By incontinently converting bitcoin( BTC) payments to bones
, Strike removes certain complications merchandisers face in holding bitcoin, ” a press release said.
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