Lightspark Launches Lightspark Extend to Boost Instant Bitcoin Payments in the U.S
- Lightspark Extend enables instant Lightning payments for U.S. businesses, integrating with UMA and Lightning-enabled accounts.
- The service is compatible with over 99% of U.S. banks that accept real-time payments, offering fast, low-cost transactions.
- Businesses can onboard with Lightspark Extend via Zero Hash, a regulated U.S. financial institution, for seamless payment integration.
Lightspark, a prominent player in Bitcoin Lightning Network payments, has introduced Lightspark Extend. This new service enables businesses to facilitate instant Lightning payments for eligible account holders in the United States.
Read CRYPTONEWSLAND on google newsThe service integrates with Universal Money Addresses ( UMA ) and Lightning-enabled wallets, exchanges, or bank accounts. Consequently, it offers a compliant and cost-effective solution for 24/7 payments.
Enhanced Payment Access
Lightspark Extend is compatible with over 99% of U.S. banks that accept real-time payments. Hence, businesses can provide customers with fast, low-cost transactions directly to eligible recipients.
UMA, available in 120 countries, simplifies the process by using a human-friendly address similar to an email. This eliminates the necessity of remembering complex codes or passwords.
Seamless Onboarding Process
With the launch of Lightspark Extend, recipients with real-time payments-enabled accounts can receive UMA-powered payments via the Bitcoin Lightning Network . Businesses interested in adopting Lightspark Extend can sign up for a UMA address. They can then link eligible accounts and start receiving payments through an onboarding process facilitated by Zero Hash , a regulated U.S. financial institution.
Expanding Bitcoin’s Reach
The introduction of Lightspark Extend marks a significant advancement in making instant, low-cost Bitcoin payments more accessible. It benefits both businesses and consumers in the United States, expanding the scope and utility of the Bitcoin Lightning Network.
Furthermore, Lightspark announced that Coinbase users may now send Bitcoin transactions worth up to $10,000 instantly via the Lightning Network owing to their partnership .
Lightspark’s launch of Lightspark Extend represents a pivotal development in the realm of digital payments. By simplifying and accelerating transactions, it positions itself as a key player in the future of instant Bitcoin transactions.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VeChain Revolutionizes NFT Access with Free PofP Badge Tool
21Shares Polkadot Trust Hints at ETF Possibilities for Investors
ETH breaks through $3,400
Flockerz Vote-to-Earn ICO Raises $7.4 Million – Next 25x Crypto Gem?