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Strike just integrated the Lightning payment network into most US merchands, together with NCR, Blackhawk and Shopify

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by COINS NEWS 168 Views

Jack Maller's Strike took the next step and made the existing payment systems and their intermediary seemingly to be secondary.

With consideration and focus to the interests of merchands, they collaborated with NCR, Blackhawk and Shopify to bring the Lightning network to stores all around the US. The stores are then able to receive the full transaction amount, without deductions by any intermediary.

In an example on stage, he mentioned a 3% increase in profit for every transaction taken place.

This would be a main incentive for major corporations to integrate with the new service.

Many have expected an collaboration with payment systems such as Apple Pay or Visa / Mastercard, but this step revolutionizes the active outdated payment system and replaces the need for any integration with them what so ever.

submitted by /u/aliensmadeus
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