Lightning Pay for Merchants

Brandon -  Lightning Pay Team

Updated: June 6, 2024

 

Lightning Pay is setting out to solve the payments problem in New Zealand. We’ve started on our journey, building the easiest way to move in and out of bitcoin anywhere, including New Zealand.

Our vision for better payments in New Zealand begins with giving merchants a break. Through our merchant services, we aim to deliver:

  • Reduced costs for every day retail payments, with zero fees incurred for merchants
  • Improved cash flow through significantly reduced settlement times

Below is an overview of each of our current merchant services. For a description of fees for each of our services, please see our Merchant Fees and Limits article.

 

Hosted Payments

Our Hosted Payments service allows you to send your customers to a landing page to pay their invoices. This service requires some work on your side to facilitate payments from your customers, so reach out to us at support@lightningpay.nz to learn more.

 

Point of Sale App

Our solution for physical retailers is our Lightning Pay App, available on the iOS App Store and Google Play stores. 

With the app, you simply dial in the amount you want your customer to pay (denominated in NZD), they scan the QR code with their favorite wallet, or tap their Bolt Card. Done! You will receive NZD to your bank the next business day, or bitcoin to your favorite lightning wallet immediately, depending on the settings in your profile. 

Setting it up is easy.

 

Register at Lightning Pay

Register at Lightning Pay, be sure to register as a company or sole trader to gain access to our merchant services.

 

Setup your Merchant Profile

Login to your Lightning Pay Account, and navigate to your “Merchant Profile.”

Be sure to choose your how you would like to receive your funds. You can choose to receive bitcoin to your own wallet immediately, or receive NZD the next business day to your bank account, or a mix of both!

 



Download the App

Download the App on your device of choice. This can be your own mobile device, or a dedicated device you keep for just this purpose. You can connect as many devices as you’d like for collecting payments, without worrying about security, as your account information is not accessible in the app.

Download from the iOS App Store

Download from the Google Play Store

Setup The App

Launch the Lightning Pay App. Tap on "Tap to Scan" and scan the QR code from your Merchant Profile you set up above.

 

All Done!

You are now ready to accept bitcoin payments in your physical retail store! Let us know how we can better serve you, and create a better payments experience by reaching out at support@lightningpay.nz.