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OpenNode Turns Payment Challenges into Opportunities2 min read

March 23, 2021 2 min read

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OpenNode Turns Payment Challenges into Opportunities2 min read

Reading Time: 2 minutes

Since the first block was mined on January 3, 2009, Bitcoin has served as the decade’s best performing digital asset and as a uniquely beneficial medium of exchange. At OpenNode, we consider Bitcoin’s multifaceted utility to be what makes it such an amazing innovation, and so well suited to serve as a new monetary system. As a tool for improving payments, Bitcoin provides the perfect solution for merchants to address their payment challenges.

The evolution of Bitcoin has not been without its challenges. For example, buying and spending bitcoin isn’t as straightforward as it should be. Consider these questions from people evaluating this new way to pay and be paid:

  • How can bitcoin holders safely and economically spend bitcoin? 
  • How can my business start accepting bitcoin?
  • There is so much information about bitcoin…what are the things I really need to know?

OpenNode provides trusted bitcoin payment infrastructure to businesses all around the world. We believe that as a payment system, Bitcoin provides a better way to transfer digital cash. We focus on delivering these benefits to payers and merchants while mitigating risk, and offering simplicity and scalability.

We focus on payer experience at the time of payment and payment confirmation. For payers, our objectives are to provide an elegant, intuitive interface, interoperable bitcoin payment options, fiat on-ramps at the point of payment, and clear/transparent communication about payment status.

For merchants, our objectives are to ensure payment system reliability and accuracy, and to consistently deliver the value proposition Bitcoin and the Lightning Network make possible. 

Payments must settle near-instantly, cost very little, offer flexibility, minimize risk and be simple to integrate into existing payment operations.

Whether working directly with merchants, partnering with payment service providers, or integrating Bitcoin and Lightning payments with popular e-commerce plugins like Shopify, WooCommerce, and Magento; OpenNode enables businesses everywhere to accept bitcoin in a way that fulfills their business needs. 

OpenNode was built to drive adoption and serve the masses on the basis of the first and most battle-tested cryptocurrency: bitcoin. We are proud to turn traditional payment challenges into business opportunities. See how adding or integrating OpenNode Bitcoin payments can benefit your business. Register today.