The Bitcoin Lightning new use in retail.

The Bitcoin Lightning new point of sale utilization, will it breathe new life into bitcoin lightning?

• The way we pay for things in stores is changing fast. Old checkout machines are going away, and new computers are taking over. These new systems can do everything at once, like count the toys left on the shelf and take your money. Bitcoin Lightning has become a big part of this change because big companies helped make it better over the past year.

• Old payment machines is breaking down too much. The new shift happens because of three big things:

• Mix and Match Parts: Stores can now change a small screen or a card reader without throwing the whole machine away.
• Smart Robot Shoppers: This are the newest trend. Computer brains can now talk directly to the store machines to help buy things for you.
• Super Fast Money: money moves instantly now instead of waiting until the next day. Traditional credit cards are trying hard to match this speed.

How Bitcoin Lightning Helps

Bitcoin Lightning is not just for buying a quick snack. It is becoming a giant system for moving huge amounts of money right away.

1. The Big Square Upgrade
   The company called Block, which makes Square payment boxes, started letting stores take Bitcoin using the Lightning Network.

• Free for Now: To get people to use it, Square do not charge any fees right now. This makes it much cheaper than normal credit cards.
• Easy to Use: Customers just scan a picture code on the screen. The store get the money in seconds and can choose to keep the Bitcoin or turn it into normal dollars.

2. The System Gets Bigger
   The whole Lightning Network has grown up a lot recently. There are fewer small, weak computers on the system, but the big computers holds more money than ever before. It now moves over one billion dollars every single month, showing that it can handle big payments too.
3. Why Stores Like It
   Shop owners are switching for two simple reasons:

• No Stolen money: Customers cannot falsely claim they did not buy something to get their money back. Once the payment go through, it is final.
• Much Lower Cost: Normal credit cards take a lot of money from the store, but Lightning fees are very small, which helps stores save a lot of cash.

Posted Using INLEO