Accept Lightning payments
Do you already accept Bitcoin payments, but your Bitcoin payment provider does not support the Lightning payment option?
For example, if you use a crypto payment provider such as Coinbase or crypto.com or share someone’s BTCPay server, the Lightning payment option is not available.
However, anyone who offers their customers crypto payments cannot avoid Bitcoin payments via the Lightning network.
Especially in times of high Bitcoin transaction fees, Lightning is the cheap and efficient option for lightning-fast Bitcoin payments.
Here, Coinsnap offers a supplement to the crypto payment providers already in use:
Integrate Coinsnap into your online store alongside your existing Bitcoin payment method. In the list of payment methods available to the customer, you designate the Coinsnap function as a Lightning payment and add the Lightning logo.
If the customer wants to pay with Bitcoin, they use the Bitcoin-only payment provider. If the customer wants to pay with Lightning, they can choose Lightning payments via Coinsnap.
If your customer accidentally selects Lightning and still pays with a Bitcoin wallet, you will not lose any revenue. This Bitcoin on-chain payment is also processed and forwarded to your Lightning Wallet.
You don’t lose any sales. Quite the opposite. You offer customers who want to pay with Lightning a way to pay with you.
Open an account with Coinsnap and enter your Lightning address. You then integrate the appropriate Coinsnap payment module into your store system. The exact procedure is described under “Getting started“.
On the selection page of the supported payment methods in your store, change the description text for your customers from Bitcoin+Lightning to Lightning.
Your customers will be informed that they can pay with Lightning in addition to Bitcoin and other cryptocurrencies.
The sales of your customers who pay with Lightning in your online store are credited directly to your own Lightning Wallet.
