Online Publisher Substack partners OpenNode to accept Bitcoin Payments
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Substack a top online publishing service has recently partnered with OpenNode a bitcoin payment processor platform to commence payments through bitcoin on its platform.
This partnership will allow readers to use Bitcoin to pay for their subscriptions for selected publications while publications will keep earnings in bitcoin.
So far, the publishing platform has accumulated more than 500,000 paying subscribers and now with the new integration of OpenNode Bitcoin API, this will power the bitcoin payments.
The publishing platform will commence by making quick and low-cost payments readily available to a selected group of publications focused on crypto.
According to Substack, readers will be allowed to subscribe to these selected publications while earning in bitcoin.
Some of its products include:
- Hosted Checkout
- Optimized APIs
- e-Commerce plugins
- Payment buttons
Also according to Substack, its platform will be opened to all publishers based on the outcome of the pilot test.
Substack has indicated that the feature will become available to all publishers depending on the pilot’s success.
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