Bitcoin Payment Processor BitPay Announced Support For Lighting Payments Today

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Bitcoin payments service BitPay has announced immediate support for the Lightning Network through its payment processing platform, allowing merchants that leverage this platform to receive payments from Lightning wallets and enabling more cost-effective, cheaper bitcoin transactions through the Layer 2 protocol.

“BitPay merchants can now receive payments from Lighting-enabled wallets like Cash App and Strike,” per a press release shared with Bitcoin Magazine. “Consumers now have a low-cost alternative when paying with bitcoin at a BitPay-enabled merchant.”