Your crypto payment provider does not support Lightning payments? This article shows you how you can accept Lightning payments with your existing crypto payment provider using the Coinsnap plugin.

Accept Lightning Payments

Accept Lightning payments

Do you already accept Bitcoin payments but your Bitcoin payment provider does not support the Lightning payment option?

For example, if you use a crypto payment provider such as Coinbase or crypto.com or share someone’s BTCPay server, the Lightning payment option is not available.

However, if you offer your customers crypto payments, there is no way around Bitcoin payments via the Lightning network.

Especially in times of high Bitcoin transaction fees, Lightning is the cheap and efficient option for lightning-fast Bitcoin payments.

Here, Coinsnap offers a supplement to the crypto payment providers already in use:

Integrate Coinsnap into your online store alongside your existing Bitcoin payment method.
In the list of payment methods available to the customer, you designate the Coinsnap function as a Lightning payment and add the Lightning logo.

If the customer wants to pay with Bitcoin, they use the Bitcoin-only payment provider.
If the customer wants to pay with Lightning, they can choose Lightning payments via Coinsnap.

If your customer accidentally selects Lightning and still pays with a Bitcoin wallet, you will not lose any revenue.
This Bitcoin on-chain payment is also processed and forwarded to your Lightning Wallet.

You don’t lose any sales.
Quite the opposite.
You offer customers who want to pay with Lightning a way to pay with you.
Open an account with Coinsnap and enter your Lightning address.
You then integrate the appropriate Coinsnap payment module into your store system.
The exact procedure is described under “Getting started“.

On the selection page of the supported payment methods in your store, change the description text for your customers from Bitcoin+Lightning to Lightning.

Your customers will be informed that they can pay with Lightning in addition to Bitcoin and other cryptocurrencies.

The sales of your customers who pay with Lightning in your online store will be credited directly to your own Lightning Wallet.

About the author

Sebastian Paulke

Sebastian Paulke is a communications strategist and technology writer with more than 25 years of experience covering emerging technologies, and a focus over the last three years on Bitcoin and AI. With his blog articles for Coinsnap he aims to help merchants better understand the potential of Bitcoin payments for their business, make informed decisions about using them, and successfully set up Bitcoin payment in their online shops.