Opennode - BTC Payments at the speed of now
What is Opennode? a lightning-fast, low-cost bitcoin payments and payout system for your business with powerful API, ecommerce plugins, or hosted payment pages. Do not confuse Opennode with OpenNode the Google Cloud based service for Public Sector clouds.
What do they do? Opennode allows businesses large and small to collect BTC as payments for services, products etc. Allowing quick payment settlement in the currency of your choice ($,€ £ ¥). Your enterprise, can customize the conversion process either automatically or on a schedule. They offer low fee's perhaps taking some of the sting out of BTC price swings. While offering professional invoices via their billing templates taking your business to a new level.
Opennode Integrations?
- Currently they are working w/ 'Stripe' to convert incoming payments to Bitcoin
- Shopify - Canadian e-Commerce firm (used to be tight w/ Amazon) via API
- LaHaus - Residential home locator
- BigCommerce - # 1 rated B2B & B2C firm
- Substack - online platform allowing businesses to charge for subscriptions
- PrestaShop - Content Mgt System (CMS) for eCommerce sites
- Bitcoin Magazine - obvious
- Twitter - Tweet to your hearts content
- Travala.com - Crypto friendly travel booking brand backed by Binance!
Why this is important? Opennode has laid out a great foundation of partners positioning itself as the premiere BTC payment firm globally. While charging low fees shall increase business adoption. It is built around APIs and thus very developer friendly (always
Opennode resources:
Are they financially stable? Thus far Opennode has raised $20M in Series A funding. Additionally, with their ecosystem partners it appears they are! DYOR, please, I don't work for them so I have not reviewed their accounting books!
Summary - Opennode is already delivering secure bitcoin processing infrastructure over Lightning network to businesses across the globe at the speed. Will you adopt this payment method to save money on traditional credit card transactions or just to cater to the new asset class; or both? Either way Opennode makes it easy on the payee and the pay recipient. I look for more Lightning innovation to bring even more empowerment globally!
Disclaimer - I am not an employee nor an agent of OpenNode, although it sounds super exciting!
