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Strike Integrates Lightning With Point of Sale Giant Clover

Bitcoin payment and wallet company Strike has partnered with fintech giant Fiserv to integrate Bitcoin’s lightning network with the point-of-sale terminal provider, Clover. 

This will allow certain Clover merchants to accept lightning payments, expanding Bitcoin’s use case as a medium of exchange. 

As explained by Strike CEO Jack Mallers over Twitter on Thursday, the integration effectively allows Clover to accept “cash-final” USD over lightning. Strike’s service converts Bitcoin payments into a merchant’s currency of choice on the back end, letting merchants accept alternative forms of payment – like Bitcoin. 

Strike is a custodial platform offering various features to Bitcoin users, including the ability to receive one’s salary in Bitcoin, or interact with the lightning network. However, Strike’s efforts allow alternative lightning wallets, including CashApp and Muun wallet, to operate with Clover. 

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