Leading digital payments platform, Strike today announced its integration with e-commerce giant Shopify to allow millions of merchants across the world to accept Bitcoin payments via the Lightning network. Eligible U.S. Shopify merchants will now be able to receive payments in the flagship cryptocurrency from global customers in the form of U.S. dollars. Bringing BTC Payments to Millions of Merchants The digital payments platform Strike announced its integration with e-commerce giant Shopify to allow millions of merchants across the world to accept payments in Bitcoin. The payments firm will leverage the Layer-2 solution Lightning Network to instantly convert Bitcoin payments to USD. Besides, customers can also save costs on processing fees through cash-final settlements. With the latest Strike integration, Shopify merchants can diversify their existing payment options to reach untapped global markets. “We’re proud to partner with Shopify to provide merchants with a cheaper and faster way to accept U.S. dollars using Bitcoin technology. 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,” Strike CEO Jack Mallers said. Speaking at Bitcoin Conference 2022, CEO Miller said that this provision will be extended even to offline merchants such as Walmart and McDonald’s including a comprehensive...
