Bitcoin (BTC) wallet and payment platform Strike is revolutionizing the way we make transactions with cryptocurrencies. In a groundbreaking collaboration with Checkout.com, Strike now enables debit-card-based Bitcoin purchases in over 65 countries, addressing one of the major challenges faced by the crypto industry.
The Power of Lightning Network
Strike leverages Bitcoin’s lightning network to provide users with the ability to make instant and free cross-border fiat currency payments to anyone worldwide. This innovative technology not only facilitates seamless transactions but also eliminates the need for traditional U.S. banking rails, making international transactions faster and more accessible than ever before.
“We’ve also repurposed our Send Globally technology for our users outside of the US.”
– Jack Mallers, CEO of Strike
This expansion opens up new opportunities for interested investors looking to buy Bitcoin in various countries. With Strike’s partnership with Checkout.com, users can now purchase Bitcoin using their debit cards in nations such as El Salvador, Australia, New Zealand, South Africa, and the UAE. And this is just the beginning.
Global Payments Made Easy
Strike aims to become the “Bitcoin company of the earth,” and its collaboration with Checkout.com is a significant step towards achieving this vision. The partnership facilitates access to global payments through the integration of Checkout.com’s card network gateway, enabling smooth transactions with major card schemes like Visa and Mastercard.
“Global users can now cash out their #bitcoin & USDT to local currency, send money across borders, or use Strike to shop in their local markets.”
– Jack Mallers, CEO of Strike
Moreover, Strike’s Send Globally technology, initially available for U.S.-based users, has now been extended to global users. This feature allows users to send money to individuals in different nations, with funds automatically converted to the recipient’s local currency in their bank or mobile money account.
Additionally, Strike has forged a partnership with Bitrefill, a company that allows customers to purchase real-world items, including gift cards, using Bitcoin. Mallers expressed his excitement about this collaboration, emphasizing that individuals can now easily purchase everyday items over Lightning, regardless of whether they hold fiat, USDT, or Bitcoin.
“Whether you’re holding fiat, USDT, or bitcoin, you can now easily purchase everyday items over Lightning.”
– Jack Mallers, CEO of Strike
Although technical complications have caused a delay in Strike’s partnership with Blackhawk and NCR for allowing BTC purchases at major retailers directly from personal wallets, this setback demonstrates the company’s commitment to ensuring a secure and seamless experience for its users.
In conclusion, Strike’s partnership with Checkout.com is propelling Bitcoin payments into a new era of accessibility and convenience. With the power of the lightning network and the diverse range of countries accessible, Strike is making global transactions with Bitcoin effortless and seamless.
