Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments. Payment Platform Bitpay Adds Lightning Network Support, Pacsun Accepts Lightning Payments Bitpay is now allowing bitcoin payments via the Lightning Network (LN) in order to allow bitcoin users to pay using the crypto asset’s second layer network. Before adding LN payments, Bitpay accepted bitcoin ( BTC ) via onchain, alongside bitcoin cash, ethereum, wrapped bitcoin, shiba inu, xrp, and a slew of stablecoins. Bitpay says users and merchants can now utilize the LN payment rail with wallets like Cashapp and Strike. “Consumers now have a low-cost alternative when paying with Bitcoin at a Bitpay-enabled mercha