Clover Merchants Can Now Accept Bitcoin Over Lightning Network

  • Strike CEO Jack Mallers announces partnership with Fiserv and launches pilot integration with Clover: Strike is now an integrated partner with payments giant Fiserv, parent company of Clover, allowing merchants to accept bitcoin over the Lightning Network.
  • 90-day trial period: The rollout is part of a 90-day trial period, which will involve measuring the speed and cost of facilitating transactions using the new integration.
  • Goal to enter Clover app store & direct integration into Clover: After the pilot, Strike aims to enter the Clover app store, and afterwards, direct integration into Clover. This would enable Lightning by default for all Clover merchants.

Partnership Between Strike & Fiserv

Strike CEO Jack Mallers has taken to Twitter to announce that Strike is now an integrated partner with payments giant Fiserv, parent company of Clover. Subsequently, Strike has launched a pilot integration with Clover allowing merchants to accept bitcoin over the Lightning Network.

90-Day Trial Period

This rollout is part of a 90-day trial period, which will involve measuring the speed and cost of facilitating transactions using the new integration. In addition to that, the amount of business that integrating Lightning brings to merchants will be closely monitored.

Entering The App Store & Direct Integration Into Clover

After the pilot, Strike aims to enter the Clover app store, and afterwards, direct integration into Clover. This would enable Lightning by default for all Clover merchants.

Accept Payments From Any Source

Merchants will be able to accept Lightning payments from any source — “From Cash App to a node over Tor. If it can make a Lightning payment, you can use it,” Mallers stated on Twitter.

Clover Merchants Can Reach Out To Enable Cheaper & Faster Payments

                                                     Clover merchants can reach out to Strike in order