Moon Enables Lightning Network Payments on Amazon

News Bit Moon

Crypto payment startup Moon has announced an online web browser extension that allows crypto users to make purchases on e-commerce sites like Amazon.com with Lightning Network payments, CoinDesk reported.

Once the extension has been added to a user’s browser, they will be prompted to register and integrate it with a Lightning-enabled wallet.

It should be pointed out that Amazon itself doesn’t accept bitcoin. Rather, the process begins with the user paying with crypto assets followed by a payment processor converting the assets into fiat currency and settling with the merchant.

At checkout, the Moon extension provides a typical QR code with the invoice for payments. Once payment is completed, the user should be redirected to Amazon's Success Page. Moon is available in the Chrome Web Store but its Lightning Network feature is under review.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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