CoinCorner, an international leader in Bitcoin and Lightning Network services, and Lolly, the hospitality software application home, have actually signed up with forces to bring Bitcoin payment performance to the LollyPoS platform, according to a news release sent out to Bitcoin Magazine.
This collaboration intends to change the method payments are processed in the market by incorporating Bitcoin Lightning payments flawlessly into the existing facilities. Through this cooperation, the LollyPoS platform is now efficient in processing Bitcoin payments for food and beverages, in addition to standard payment methods such as money and cards.
When consumers select the payment alternative on the till, they can now pick the CoinCorner payment button, activating the display screen of a QR code on the rear display screen. This QR code enables consumers to start a payment through the Bitcoin Lightning Network, a second-layer option developed to allow faster and more cost-efficient Bitcoin deals.
“We’re excited to be partnering with Lolly to bring Bitcoin payments to more businesses,” stated Danny Scott, CEO of CoinCorner. “Having both Bitcoin and traditional payments in one integrated POS is a much superior UX for both business and customers – it’s been a long time coming.”
Peter Moore, CEO at Lolly, highlighted the positive nature of the collaboration, mentioning, “We’re always looking ahead, and we’re excited to be debuting Bitcoin payments in our sector. With super-fast transaction speeds, and the hospitality providers seeing transactions in pounds sterling, these types of payment pose no risk to them – so it’s a win-win. It’s great to be working alongside CoinCorner, a trusted brand in this space. And we share their vision that this represents the future for payments. We’re delighted to be supporting our own clients in being part of this.”
The intro of Bitcoin payments to the LollyPoS platform not just showcases the market’s growing approval of Bitcoin however also leads the way for broader adoption in the hospitality sector. By flawlessly incorporating Bitcoin alongside traditional payment methods, CoinCorner and Lolly are setting a precedent for ingenious and inclusive payment services that deal with the progressing requirements of modern-day customers.
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