Digital Payment Processor Zebedee Utilizes Bitcoin Lightning Network
According to reports, digital payment processor Zebedee has announced an upgrade of its platform to utilize Bitcoin\’s lightning network to achieve fast, secure, and low-cost cross-
According to reports, digital payment processor Zebedee has announced an upgrade of its platform to utilize Bitcoin’s lightning network to achieve fast, secure, and low-cost cross-border payments between the United States, the United Kingdom, the European Union, Brazil, and the Philippines. In addition, Zebedee supports multi-currency payments through collaboration with Pouch.ph and Bipa. （The Block）
Zebedee Launches Bitcoin Flash Network Cross-border Payment Function
The digital payment processor Zebedee has recently made an upgrade to its platform, allowing for fast, secure, and low-cost cross-border payments. This upgrade is made possible through the utilization of Bitcoin’s lightning network. Zebedee’s services allow for transactions between the United States, the United Kingdom, the European Union, Brazil, and the Philippines. Additionally, Zebedee has partnered with Pouch.ph and Bipa to support multi-currency payments.
Introduction
In today’s digital age, the need for fast, secure, and low-cost cross-border payments has become increasingly important. This article will explore how Zebedee, a digital payment processor, has recently upgraded its platform to utilize Bitcoin’s lightning network to achieve these goals.
What is Zebedee?
Zebedee is a digital payment processor that allows for seamless and secure micropayments. The company offers a simple and fast one-click payment system that is frictionless for both the merchant and the end-user. Zebedee’s services are tailor-made for small transactions, such as in-game purchases or online tipping.
What is the Bitcoin Lightning Network?
The Bitcoin lightning network is a layer-two solution that enables faster and cheaper transactions by offloading them from the main blockchain. Transactions on the lightning network are settled instantly with negligible fees. This technology has the potential to revolutionize the way we make small transactions, such as micropayments.
Zebedee’s New Upgrade
Zebedee’s new upgrade to its platform allows for cross-border transactions between the United States, the United Kingdom, the European Union, Brazil, and the Philippines. This upgrade is achieved through the use of Bitcoin’s lightning network, which allows for faster and more cost-effective transactions. Additionally, Zebedee has partnered with Pouch.ph and Bipa to enable multi-currency payments.
Benefits of Zebedee’s Upgrade
Zebedee’s upgrade offers several benefits to its users. Faster transactions mean a better user experience, while lower fees make small transactions more feasible. Users can also enjoy the added security of Bitcoin’s blockchain technology, ensuring their transactions are transparent and tamper-proof.
How Zebedee Supports Multi-Currency Payments
Zebedee’s collaboration with Pouch.ph and Bipa allows for multi-currency payments. Pouch.ph is a Filipino digital wallet that supports several currencies, while Bipa is a Brazilian digital wallet that supports more than 30 currencies. By partnering with these two companies, Zebedee is able to offer its users a wide range of currency options.
Conclusion
Zebedee’s upgrade to utilize Bitcoin’s lightning network is a significant step forward in the world of digital payments. Their commitment to providing fast, secure, and low-cost cross-border payments makes them a valuable player in this industry. With this new technology, Zebedee is poised to take advantage of the growing demand for microtransactions and cross-border payments.
FAQs
1. What is the Bitcoin lightning network?
The Bitcoin lightning network is a layer-two solution that enables faster and cheaper transactions by offloading them from the main blockchain.
2. How does Zebedee support multi-currency payments?
Zebedee has partnered with Pouch.ph and Bipa to offer users a wide range of currency options and enable multi-currency payments.
3. What are the benefits of Zebedee’s upgrade?
Zebedee’s upgrade offers faster and more cost-effective transactions, lower fees, and the added security of Bitcoin’s blockchain technology.
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