•Strike has partnered with Fiserv to integrate Bitcoin’s lightning network with Clover, a point-of-sale terminal provider.
•This integration allows certain Clover merchants to accept lightning payments, expanding Bitcoin’s use case as a medium of exchange.
•Strike’s service converts Bitcoin payments into a merchant’s currency of choice on the back end, letting merchants accept different forms of payment.
Bitcoin payment and wallet provider Strike recently partnered with fintech giant Fiserv to integrate Bitcoin’s lightning network with the point-of-sale terminal provider, Clover. This groundbreaking partnership is sure to expand Bitcoin’s use case as a medium of exchange and provide merchants with more payment options.
Strike’s integration with Clover effectively allows merchants to accept „cash-final“ USD payments over the lightning network. This means that merchants can accept lightning payments, which are faster and cheaper than traditional payments, and have them immediately converted into the currency of their choice. This makes it easy for merchants to accept lightning payments without having to worry about the volatility of cryptocurrencies.
The integration also makes it easier for merchants to accept different forms of payment. Instead of having to manually accept each type of payment, merchants can now accept lightning payments through their Clover terminal. This makes the checkout process smoother and easier for both the merchant and the customer.
Overall, Strike’s integration with Clover is a big win for both Bitcoin and merchants. Not only does it make it easier for merchants to accept payments, but it also provides them with a new way to accept payments that is faster and cheaper than traditional payment methods. This is sure to benefit both merchants and customers alike and make it easier for merchants to grow their business.