The LifPay Bolt Card is LifPay’s latest innovation designed to make Bitcoin transactions accessible, effortless, and secure for everyone. With no need for apps or accounts, the Bolt Card brings the familiarity of traditional contactless payment cards to Bitcoin, making it approachable even for newcomers. This product stands out by simplifying Bitcoin payments, effectively transforming the way people interact with Bitcoin, and opening new doors for retail and personal Bitcoin use. Here’s a comprehensive look at how the Bolt Card works and the key features that make it a game-changer.
Key Features of the LifPay Bolt Card ●Complies with Bolt Card Standards: Built on the widely accepted Bolt Card standard, the LifPay Bolt Card ensures compatibility across multiple Lightning Network wallets and applications, providing a seamless payment experience for users. The Bolt card standard facilitates secure, near-instant Bitcoin transactions, making this card usable in a variety of payment scenarios worldwide. ●Zero Transfer Fees: One of the standout features of the Bolt Card is its zero-fee structure. Unlike traditional credit or debit cards that often carry transaction fees, the Bolt Card enables 0% transfer fees. This zero-fee structure is particularly beneficial for frequent users, as they can make numerous transactions without worrying about hidden costs. ●PIN Support for Enhanced Security (Coming Soon): LifPay plans to introduce an optional PIN feature to provide users with greater security and peace of mind. This additional layer of security will allow users to set a PIN on their card, safeguarding it against unauthorized transactions while still retaining its ease of use. (The PIN feature is in its early stages and currently compatible with only a limited number of apps.) ●Flexible Top-Up Options: With the Bolt Card, topping up with Bitcoin is designed to be both simple and quick. Users can tap the card to top up funds on the LifPay App or other Lightning Network apps that support the LUD-19 payLink feature, a standard that allows for easy and secure linking between a Lightning wallet and the card. Users can easily add funds by tapping the top-up feature in the app, allowing for seamless and flexible control over their balance. ●No Apps or Accounts Needed: In contrast to other digital payment solutions that require extensive setups, the LifPay Bolt Card eliminates the need for dedicated apps or account registrations. Once issued, users can instantly use their card without additional setup steps. The straightforward nature of the card makes it a perfect fit for users of all experience levels, including those unfamiliar with Bitcoin or digital wallets. ●Multiple usecases: The LifPay Bolt Card offers a flexible range of use cases, enhancing convenience and versatility in everyday payments. One of its popular applications is as a gift card. Users can load a specific amount of Bitcoin onto the card and gift it to friends, family members or your company's loyalty program, giving them an easy way to experience Bitcoin and global payments. In addition to serving as a gift, the LifPay Bolt Card functions like a debit card, enabling users to make everyday payments in Bitcoin. Once funds are loaded, users can make purchases by simply tapping their card at any NFC-compatible point of sale (PoS) terminal or by using compatible lightning applications. This functionality makes the LifPay card an ideal choice for both routine spending and larger purchases, as it leverages Bitcoin’s Lightning Network to provide instant transfers.
How the LifPay Bolt Card Works 1.Issue Your Card: To start using the LifPay Bolt Card, simply use a blank NTAG424 NFC card. With the LifPay App (available on NFC-enabled devices), users can load their card with Bitcoin. This process effectively activates the card, making it ready for payments. 2.Tap to Pay: The Bolt Card supports contactless, tap-to-pay transactions, providing an experience much like traditional debit cards. When paying with the card, users simply tap it on a compatible Lightning-enabled point-of-sale (PoS) terminal or on their preferred Lightning wallet app. This quick, direct payment method eliminates the need for passwords or QR codes, making for a frictionless checkout experience. 3.Easy Top-Up Options: To add Bitcoin to the card, users have two convenient options: tapping the card on the LifPay App or any Lightning App that supports the LUD-19 payLink. Alternatively, users can scan the QR code printed on the card (if available). These flexible top-up options ensure that users can manage their funds in a way that’s most comfortable for them, whether that’s through contactless tap or scanning a code.
Why Choose the LifPay Bolt Card? The Bolt Card by LifPay isn’t just a payment solution; it’s designed as an inclusive, user-friendly tool that empowers people to interact with Bitcoin in everyday transactions. Traditional Bitcoin wallets and apps often have a learning curve, which can be a barrier to entry for newcomers. By removing these barriers, the Bolt Card offers a plug-and-play approach, where users can “grab it and go”. For businesses, the LifPay Bolt Card creates a viable path to accepting Bitcoin payments without needing specialized infrastructure or tech knowledge. By adopting the widely compatible Lightning Network, it ensures that both businesses and individuals can leverage fast, secure, and cost-effective Bitcoin transactions.
In summary, the LifPay Bolt Card is set to make Bitcoin accessible to everyone, allowing users to pay with ease and security without the hassle of apps or account setups. This groundbreaking product exemplifies LifPay’s commitment to creating simple, reliable, and secure solutions in the digital currency space, and it’s a significant step toward making Bitcoin a practical payment method for everyday life.
hey @LifPay when you could add NWC support for Lifpay accounts? That could offer also a nice and easy option for SN users to link their SN account with a Lifpay account.
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21 sats \ 1 reply \ @vip 2h
It is already there for a while. Check your menu"My Nostr"
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ah thanks, I missed that
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0 sats \ 1 reply \ @andy 4h
Please explain to me how Bolt Card does not let the first merchant you use it with to drain the balance of the entire card?
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21 sats \ 0 replies \ @DarthCoin 4h
Those cards are not just simple NFC LNURL-w links. It contain a security tag embedded. Even that the shop could grab the LNURL-w somehow, it still needs the security code to authorize the withdrawal. Read more here: https://www.nxp.com/docs/en/application-note/AN12196.pdf
Here more explanations about how to make your own cards with LNbits, BTCpay, BoltcardHub etc https://plebtag.com/write-tags/
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