Strike Announces Shopify Integration, Partnerships With NCR And Blackhawk Bringing Bitcoin Lighting Payments To Major Retailers

Strike, a electronic payments system designed on Bitcoin’s Lightning Community, currently introduced an integration with e-commerce enterprise Shopify. Now suitable U.S. Shopify merchants will be able to obtain bitcoin payments from customers globally as U.S. dollars, announced Strike CEO Jack Mallers speaking at the Bitcoin 2022 meeting in Miami.

A Forbes Under 30 alum, Mallers has also pointed out that Chicago-primarily based Strike partnered with Blockchain 50 lister NCR

, the world’s premier point-of-sale (POS) provider, and payments company Blackhawk.

The integration features an substitute to classic card networks this sort of as Visa

and MasterCard by leveraging the Lightning Network, a second layer developed on prime of the bitcoin blockchain that enables people to mail or receive cryptocurrency swiftly and cheaply by relocating transactions off of the most important blockchain. The service will be accessible to any purchaser in the environment with a Lightning Community-enabled wallet, such as more than 70 million CashApp users, Mallers claimed.

The announcement underscores the developing adoption of the Lightning Community. Earlier in the day, Robinhood unveiled programs to combine the resolution into its know-how stack, joining firms like cryptocurrency exchange Kraken, Twitter and Block.

On Tuesday, the California-primarily based developer of the Lightning Network, Lightning Labs, released a new protocol that, it hopes, will open up Lightning Community to property other than bitcoin, together with stablecoins and fiat currencies.