Africa has a new way to make cross-border payments thanks to Strike, a digital payments platform built on Bitcoin’s Lightning Network. The company’s new “Send Globally” feature allows users in the US to send money instantly and at low cost to Nigeria, Kenya, and Ghana.
According to Strike’s press release, to enable instant payments to Africa, Strike has partnered with African payments platform Bitnob. Using Lightning rails, Send Globally allows users to send money instantly to Nigeria, Ghana, and Kenya with no transaction fees. Payments are converted into the local currency and deposited directly into a recipient’s bank, mobile money, or Bitnob account.
(by Siamak Masnavi)
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