The US’s retailers are exploding Bitcoin payment acceptance
Strike CEO Jack Mallers stated that his company has teamed with three of the world’s leading payment providers, Shopify, NCR, and Blackhawk Network, to enable bitcoin payments at stores across the United States at Bitcoin 2022. His company, Strike, is a global payments network that uses Lightning Network.
The connection, he continued, removes traditional banks from the payment process, saving retailers money and providing shoppers with privacy.
Blackhawk is a large American payments company, meanwhile, NCR is also the largest point-of-sale provider around the world. Starbucks, Chipotle, El Corte Ingles, Woolworths, and hundreds of other worldwide retailers are among the brands Blackhawk and NCR serve, according to their websites. We have to wait for further information to discover when and how these companies will begin accepting Bitcoin.
“You’re gonna be able to walk into a grocery store, to Whole Foods, to a Chipotle, if you want to use a Lightning node over Tor, you do that,” Mallers said on stage at Bitcoin 2022. “Any online merchant that uses Shopify can accept payments without the 1949 boomer [credit card] network, receive it instantly, cash final, no intermediary, no 3% fee.”
According to Mallers’ announcement, McDonald’s, Walmart, Circle K and more U.S. franchises as places where the Strike integration will be useable. All brands that accept Bitcoin payment through these new partnerships revealed by Mallers at Bitcoin 2022 are listed in the pic below.
“I’ve been working with Senator Cynthia Lummis to make sure that in the United States of America we support this open payment standard and it isn’t threatened by anybody else,” Mallers also stated that he is committed to protecting Bitcoin innovation in the US.
From Mallers’ speech, we can clearly infer that people will now be able to practically live their lives using only Bitcoin.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Hazel
CoinCu News
bitcoin payment bitcoin payment
