Bitcoin Suisse, a Switzerland-based crypto-financial services company, is today announced the availability of Bitcoin Lightning technology for its crypto payment solution.
The introduction of the second-layer Bitcoin solution will offer instant transactions at lower blockchain fees for consumers as well as merchants working with Bitcoin Suisse and its partner Worldline.
Lightning is a decentralized network based on Bitcoin’s second layer that uses smart contracts to create a secure network – allowing small value transactions at high speeds, eliminating high blockchain fees.
From today, merchants working with Bitcoin Suisse and Worldline, a European-based payments and transactional services company – will be able to accept transactions made via the Lightning Network.
Users will see the following benefits in the application and acceptance of Lightning-based transactions:
Lightning-fast transactions measured in milliseconds with instant settlement
Scalability and increased capacity thanks to the speed of the network
Competitive blockchain fees independent of network utilization
“Secondary layer solutions like Lightning add important use cases to on-chain transactions and are crucial to scaling blockchain solutions. We will look into adding lightning support to additional services we provide at Bitcoin Suisse.”
– Niklas Nikolajsen, Founder and Chairman of Bitcoin Suisse
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