Across the payments space, a change is underway. Consumers expect money to move as fast as information — instantly, cheaply, and across borders. And yet, many payment service providers (PSPs) remain stuck in the past world of legacy infrastructure, settlement delays, and transaction costs that haven’t meaningfully improved in decades.

For smaller or mid-sized PSPs in particular, the pressure is harder. Competing with global fintech giants and defending margin against newer, faster entrants is no easy task. The good news? There is a new set of rails emerging — ones purpose-built for this real-time era.

Enter Bitcoin’s Lightning Network. And with it, an opportunity to leapfrog the incumbents.

...read more at voltage.cloud