OpenNode Announces Public Beta of Its Bitcoin Lightning Network Payment Processor

2018-11-1 01:40

OpenNode Releases The Public Beta of Its Lightning Network Payment Processor

OpenNode unveiled its public beta that is ready for use by business all across the world. It is the premier multi-layered and diverse payment processor for bitcoin that is designed for merchants and companies. The new release allows a broader user base of merchants to finally begin accepting bitcoin payments both through the lightning network and on-chain.

Consumers can leverage the benefits of OpenNode to conduct their bitcoin transactions. These benefits include low feeds, better micropayment models via OpenNode PrestaShop/WooCommerce API and plugins as well as instant settlements.

Features of OpenNode

• On-Chain and Lightning network payment options

• Competitive pricing to allow both small and large businesses to participate

• Zero risks of fraud or chargebacks

• Configurable manual and automatic funds withdrawals

• A convenient dashboard on mobile and desktop apps to examine your finances

• Enterprise level advanced integration

• User-friendly APIs and customizable plugins to integrate with e-commerce platforms

The OpenNode developers have created initial pricing support that will cover six distinct currencies, including BTC, USD, EUR, BRL, AUD, GBP and MXN. Also, the processor will have instant bitcoin to fiat exchange functionality in 25 nations.

The aim for this beta test launch is for the OpenNode developers to gain insights from users and learn how they can make the system better. Hence, they encourage all participants in the beta release to give accurate feedback about their experiences and their suggestions for improving the system. That feedback is critical in ensuring the organisation will continue delivering payment infrastructure solutions that are easily accessible and will be easy to use by everyone.

Onboarding Merchants

To make the beta release successful, OpenNode will start onboarding businesses into the platform to empower merchants and their clients to leverage the benefits of its bitcoin payment processing service. The goal is to move companies away from conventional payment processing models that are associated with complex technical integrations and high transaction expenses.

According to the OpenNode developers, the team is passionately seeking to create tools that will assist in catalyzing the growth of the bitcoin network to quicken adoption. The developers added that they understood the importance of product accessibility and that is why their payment processor was created to ensure optimal user experience. OpenNode developers have been working on various projects to drive bitcoin adoption and mainstream use for the past few years; including the recent contributions to the Zap lightning network wallet.

Conclusion

In launching this beta release of OpenNode, the goal is to push for broader adoption by making sure that businesses of different backgrounds and sizes can capitalize on the benefits of bitcoin payments. Besides this initial test, the plan is to concentrate efforts on scaling the services through onboarding more merchants and securing critical partnerships. The team also wants to develop e-commerce plugins to ensure that the platform is easily accessible to consumers. Other notable plans include creating lighting network-enabled devices for physical stores and even integrating with crypto and fiat exchanges.

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