Strike API Partners with Twitter to power instant payments with Bitcoin
Strike, one of the leading digital asset wallets built on the Bitcoin Lightning Network has announced the launch of its Strike API platform to serve various marketplaces and merchant businesses.
The company has also announced a partnership with Twitter to enable Twitter users to seamlessly sent tips from anywhere in the world with any Bitcoin Lightning wallet to any user within the US and El Salvador, which are countries that have accepted Bitcoin as legal tender. This move would help the users of Twitter to be able to get paid from within Twitter itself. For now, all Twitter users on iOS in the above countries would be able to receive tips instantly and freely as well. The Android version is expected to be released in the coming week.
“Today, we take a giant leap forward in growing global interoperability with the world’s first open monetary network, Bitcoin,” said Strike Founder and CEO Jack Mallers announcing the launch of the Strike API. He continued, “Today, with the Strike API one of the world’s largest internet companies becomes interoperable with the world’s largest global monetary network making payments everywhere in the world cheaper, faster, and unlocking a whole new set of payment use cases never seen before.”
Strike has also announced an early access program for merchants, marketplaces, and businesses who can use its API to enable quick, seamless global payments between buyers and sell or fans and creators as well. This would open up a world of possibilities especially for creators and fans to be able to interact and helps creators to get paid instantly rather than having to wait for fiat payments through banks to show up.
Digital wallets and payments systems are the craze right now around the world as the pandemic has forced even reluctant users to begin using such wallets to make payments even for basic services. This has led to the mushrooming of many startups in this space that compete with major companies like Paypal in the race to get into the phones and laptops of users. This growth in the digital payments industry is expected to continue in the coming months as well as the latest generation of users also prefer to make payments through digital methods. It is here that cryptocurrencies are looking to make a space for themselves and this is an opportunity for the industry to move mainstream.