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Lightspark Enables Instant Bitcoin Payments to US Banks

Aug 29, 2024
  1. Instant Bitcoin Payments for Businesses
  2. Benefits of Lightspark Extend
  3. UMA Availability and Compatibility

Lightspark Extend connects the Lightning Network to US bank accounts in real time, offering a low-cost and convenient way to transfer funds.

Instant Bitcoin Payments for Businesses

With Lightspark Extend, businesses can now effortlessly send UMA-powered payments to recipients across the US. UMAs simplify the process of sending value, allowing users to send payments using a human-friendly address, similar to an email, instead of remembering long codes or passwords.

Benefits of Lightspark Extend

The integration of UMA with the Bitcoin Lightning Network through Lightspark Extend allows UMA and Lightning-enabled wallets to send Bitcoin payments to over 99% of US banks accepting real-time payments. One of the standout features of Lightspark Extend is its 24/7 availability, allowing businesses to send payments at any time, day or night, without delays.

UMA Availability and Compatibility

UMA is already available in 120 countries, with companies like Coins.ph in Asia and Ripio in Latin America. The introduction of Lightspark Extend makes this solution accessible in the US, providing instant payments for local recipients with eligible bank accounts.

Lightspark Extend represents a significant advancement in instant payments, providing convenience and speed in fund transfers via Lightning Network and US bank accounts.

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