Bitfury Integration to Bring Bitcoin Lightning Payments to More Merchants

The Bitfury Group has partnered with business payments processor HadePay to bring lightning network-based bitcoin payments to merchants in the U.S., Canada and the EU.

Bitfury announced Thursday that it has integrated its web-based lightning network Peach Merchant API(application programming interface) with HadePay’s platform, allowing businesses to accept payments over the lightning network and “improving the efficiency and lowering the costs” of bitcoin transactions.

After payment is made, merchants can “immediately” convert bitcoins into another currency through HadePay’s platform, Bitfury said.

“By bringing the Lightning Network to HadePay’s payment processing platform, we are making it easier for businesses across the United States to accept bitcoin payments,” said Pavel Prikhodko, head of Lightning Peach, Bitfury’s team of lightning network developers.

Bitcoin payments via HadePay are now available in all 50 U.S. states, Bitfury added.

HadePay runs on a hybrid model, processing both fiat and blockchain payments. The platform can also be used by merchants around the world to accept payments through PayPal, Apple Pay, Square and more.

HadePay CEO and founder Brian Nichols said:

“Bitcoin has always been a good low-cost alternative to fiat payments, but with this integration Bitcoin payments are now equally convenient as our fiat payment processing services, thereby paving the way for mass adoption in commerce.”

It’s worth noting that the lightning network, a second-layer scalability protocol that operates on top of the bitcoin blockchain, is still a beta project (several projects, actually) with some risks attached to its use. Its several iterations continue to develop and see support from the community, however.

Some big name firms and individuals have been supporting the technology in an ongoing experiment known as the Lightning Torch, with financial services giant Fidelity Investments, LinkedIn co-founder Reid Hoffman and Twitter and Square CEO Jack Dorsey all recently taking part.

  • 19
Block
Add Reply
Feedback |
Add Reply

smiley

Add Reply
展开

support·

Add Reply
展开

Mining

Add Reply
展开

Support you            

Add Reply
展开

Thanks for your sharing     

Add Reply
展开

Come and support

Add Reply
展开

Come and mining

Add Reply
展开

Afternoon

Add Reply
展开

Nice

Add Reply
展开

Up

Add Reply
展开

Support

Add Reply
展开

Good afternoon.          

Add Reply
展开

Great  sharing

Add Reply
展开

Support and  mining          

Add Reply
展开

Nice  sharing       

Add Reply
展开

support······      

Add Reply
展开

mining ••••••!         

Add Reply
展开

support

Add Reply
展开

mine

Add Reply
展开
You should login to reply
You will reward to {{ username }}

Available Balance: {{balance}}

≈ $ {{usdtAmount.toFixed(2)}} (The reward commission rate is 10.0%)

New Favorite Bag

Add To Favorite You can create multiple favorites and classify the topics. Please select the favorites you want to add.
{{ favoriteBag.title }} {{ favoriteBag.favorites_count }}Topics

{{ text }} OK
fa-bars fa-arrow-up