In order to enable rapid payments to Africa, Strike collaborated with the African payments network Bitnob to establish Send Globally. The facility, which became operational on Tuesday, enables Strike users to instantly send money with no transaction costs to Kenya, Ghana, and Nigeria.
Strike, a platform for digital payments based on Bitcoin’s Lightning Network, is the most recent business to capitalise on the potential of Africa with the introduction of its “Send Globally” function, which enables quick, inexpensive payments to the continent.
On top of Bitcoin, the Lightning Network is a layer 2 payment protocol that uses off-chain transactions to facilitate quicker and less expensive transactions between participating nodes.
Further, Strike plans to continue its growth in Africa by forming new alliances, including as one with Chipper Cash, one of the continent’s biggest peer-to-peer and cross-border payment service providers.
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