Lightspark

Lightspark lets businesses pay and get paid anywhere in the world on the Lightning Network, a technology that offers low-cost, fast and secure transactions. The company uses AI to route payments for the lowest cost and highest efficiency.

Lightspark has a few features designed to make payments easier:

• Connect SDK: A way to link to the Lightning Network so businesses can pay and get paid with confidence.
• Predict: AI-based models to find the cheapest and fastest routes for payments.
• Universal Money Addresses: Human-readable addresses that make it easy to manage payments with the UMA open-source standard.

Developers can tap into Lightspark's services through programming interfaces and software developer kits that require a minimal amount of programming work. That means transactions happen instantly and businesses can monitor payments in real time through powerful dashboards. The company promises enterprise-grade security and compliance so the service is good for businesses of all sizes.

Lightspark charges different rates depending on the tier:

• Starter Plan: Free, but with a 0.50% transaction fee and a $300,000 monthly volume limit.
• Enterprise Plans: Starting at $9,000/month, with a 0.30% transaction fee and a $3 million monthly included volume, and going up to $22,500/month with a 0.15% transaction fee and a $15 million monthly included volume.

Lightspark is geared for businesses that want to modernize their payment infrastructure and take advantage of the Lightning Network's speed and low costs. By making it easier to pay and get paid anywhere in the world, Lightspark can help businesses improve customer satisfaction, lower costs and increase revenue.

Published on August 5, 2024