Hello Stacker.News, We are excited about our new partnership with Bringin, which allows merchants to receive their incoming Bitcoin Lightning payments in euros in their SEPA account within seconds if needed. This will help onboard new merchants who are generally open to accepting Bitcoin but have concerns about high currency fluctuations.
We would like to add that we do not proactively recommend that merchants convert to fiat, but only use it as an additional option to orange-pill more merchants. As of today, almost all of our merchants hold their revenue in Bitcoin.
Furthermore, there will soon be an option in our dashboard to decide what percentage of incoming payments should be off-ramped. You can imagine it like a gauge where the customer can independently adjust the pointer.
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As of today, almost all of our merchants hold their revenue in Bitcoin.
That is really good news !
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Same message by both @, different packaging ;)
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I do not like this automated conversion to fiat. Merchants MUST be encouraged to keep their earnings in sats as long is necessary or use them to pay employees or suppliers.
CREATE THAT DAMN BITCOIN CIRCULAR ECONOMY FFS and not going back to fiat !
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Awesome work, OPAGO!
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Would be nice to add the option to keep like 10 pct in bitcoin when doing so...
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