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A new Bitcoin-facing startup, Moon, just launched a way for its users to buy everyday goods and services using the Lightning Network at any Visa-enabled e-commerce site based in the U.S.
Shared exclusively with CoinDesk, the startup revealed the new payment option today. The Moon browser extension’s latest feature allows its users to pay for purchases using a Visa prepaid card which they purchase on the extension using Bitcoin’s Lightning Network. Once purchased, this card is immediately used as the payment option at checkout.
Upon checking out, the user employs the Moon browser extension to instantly generate a prepaid card for the exact amount of the purchase. The browser extension generates a Lightning invoice, which the user pays from any Lightning wallet. and then they can use the card to pay for the items in their cart.
These cards can only be used once and have no fees.
Shared exclusively with CoinDesk, the startup revealed the new payment option today. The Moon browser extension’s latest feature allows its users to pay for purchases using a Visa prepaid card which they purchase on the extension using Bitcoin’s Lightning Network. Once purchased, this card is immediately used as the payment option at checkout.
Upon checking out, the user employs the Moon browser extension to instantly generate a prepaid card for the exact amount of the purchase. The browser extension generates a Lightning invoice, which the user pays from any Lightning wallet. and then they can use the card to pay for the items in their cart.
These cards can only be used once and have no fees.
https://www.coindesk.com/bitcoin-moon-lightning-network-visa-e-commerce-merchants
It is a slow process, and IMHO it is good that we move not that fast, but the Lightning Network is conquering some great space around e-commerce and payment giants.
The Youtube demo shows how easy the process for the end user is (and I imagine is as easy for the merchant too).