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Major Android point of sale platform launches Lightning Network pilot
02/02/2023

Major Android point of sale platform launches Lightning Network pilot

02/02/2023
4,3

 

According to Jack Mahler, CEO of bitcoin payment service Strike, the Bitcoin Lightning network is now running on Clover, a major Android point of sale (POS) platform. Thanks to this, sellers can accept payments from any source that supports the Lightning network – “from the Cash application to the node via Tor".

Lightning Network is an open, cheap and innovative payment network that can become a competitor to traditional payment methods such as Visa and MasterCard. It will be available for 90 days, and during this period any interested Clover seller can enable payments via Lightning. However, not everyone will have such an opportunity – at the testing stage, partners will track the speed and cost of calculations in comparison with other networks.

After passing the temporary testing, Bitcoin Lightning integration will be automatically enabled as an accepted payment network for all sellers in the Clover app store.


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