Moon Chrome extension to allow users to shop with Bitcoin Lightning on Amazon

posted about 1 month ago
Bitcoin spenders may soon be able to use the Lightning Network to shop at e-commerce sites like Amazon. Crypto payment processing startup Moon said any Lightning-enabled wallet can be used through Moon’s browser extension. Moon CEO Ken Kruger said “[The extension] will pop up a QR code and it will have the Lightning invoice, which you could also copy and paste if you can’t use the QR code for some reason, and you’ll be able to pay with your favorite lightning wallet.”

To be clear, Amazon itself never touches Bitcoin. Traditional financial institutions convert the Bitcoin to fiat on the backend so that Amazon merchants actually receive fiat currency for their wares. However, Kruger added that by 2020 the Lightning-enabled feature should work on almost any e-commerce site, regardless of whether that platform accepts Bitcoin directly. The extension’s Lightning Network functionality is still being reviewed by the Chrome Web Store and is expected to launch later this week.
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