BitPay Merchants to Get a Boost From Lightning Network Payment Integration

Merchants on the BitPay platform can now receive payments from more than 100 Lightning-enabled wallets – Cash App and Strike among them – said the company in a statement.

  • The move, said the company, will allow both merchants and customers to complete speedy, low-cost and scalable Bitcoin transactions
  • BitPay co-founder Tony Gallippi: “BitPay’s integration with the Lightning Network offers customers more choice and merchants more ways to be paid leveraging blockchain technology.”
  • The Bitcoin 2022 conference is taking place this week in Miami, and the Lightning Network has been the big story so far. Yesterday, Lightning Labs announced $70 million in funding to bring the Taproot-powered “Taro” protocol to its platform.

Read more: 5 Ways Bitcoin’s Lightning Network Advanced in 2021

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