pull down to refresh
100 sats \ 2 replies \ @leo OP 20h \ parent \ on: Trip Report: Vancouver Travel
Almost all payment processors have this feature, but the merchants don't want to get a dedicated device (e.g. tablet) to run it, and they don't want to teach their staff to use it.
The mayor is spiritually on board, but the city has very little influence on this.
Am curious, what do you mean by payment processor? crypto.com and the likes?
Admittedly, even as a Bitcoin enthusiast, I never really gave much thought on how receiving it should look like from the merchant's point of view. I use cold wallet for Hodling, and Blockstream green lightning for buying stuff.
But if I were to open a steak place letting people pay in lightning from their own wallets (e.g. Aqua or Blockstream green), and, assuming I want to hold the Sats as treasury assets instead of immediate conversion to fiat, what would be the best way without approaching an intermediary like crypto.com who will take their cut?
I can have a static coinos QR code displayed, expecting the customer to key in Sats/$$ amounts for each transaction. But I cannot think of a way where a counter staff
- does not have access to the funds (or keys)
- he can verify the transaction landed in my coinos/other lightning.
This can, of course be achieved easily if I resort to on chain, by supplying the xpub to the staff's machine, but that would not work practically because of the confirmation delay.
reply
When I say Lightning payment processor, I mean any kind of service or program that helps you generate an invoice on your or their Lightning node and check whether this is paid.
The most common payment processor in Vancouver is Coinos, which also acts as a custodial wallet. There is also IBEX and Eukapay. Very common elsewhere is the PoS functionalities of Wallet of Satoshi. I also like BTCPay, LNbits, Bitcoin Suisse, and there are countless others.
A good example is the LNbits TPoS. Feel free to open it on your device, generate an invoice over 1 cent and pay it from any wallet. You can then verify on your device that the invoice is paid because a green tick appears on the screen, but I hold the keys to my node.
reply