Bitfury partners with payment platform to offer Lightning fast Bitcoin transactions

posted 10 days ago
Bitfury has announced a partnership with blockchain-based payment processing system Paytomat, giving it access to Lightning Network payments. Paytomat users will now be able process Bitcoin transactions using the Lightning Network, which is built on top of the Bitcoin blockchain, while still reaping the benefits of the blockchain’s security features.

The platform uses a merchant’s existing POS system. The system currently has hundreds of merchants in Italy, the Ukraine, Spain and the Netherlands, from espresso bars to restaurants, sports clubs, barbershops and e-commerce. Once the integration is complete, it will allow users and merchants to send and receive Bitcoin payments over the Lightning Network almost instantly.
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