OPAGO is transforming the landscape of digital payments across Europe by providing businesses with a fast and efficient way to accept bitcoin payments via the Lightning Network.
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Opago: Integrating Bitcoin into Traditional Retail Environments
Founded by Michael Dülk and his dedicated team, OPAGO has quickly established itself as a leader in the introduction of bitcoin into traditional retail environments.
Since its inception in October 2022, OPAGO has focused on creating a user-friendly solution for merchants. The company made significant strides shortly after launching in December 2022, securing its first client within just five days—a Greek restaurant eager to adopt bitcoin payments. 
Adoption Growth
Today, OPAGO serves between 200 to 250 merchants across Europe, ranging from small businesses to large enterprises. One of their standout features is its dual approach to merchant solutions. The company offers a distinctive yellow point-of-sale device designed for small to medium-sized businesses, enabling them to start accepting bitcoin payments in minutes.
For larger enterprises, OPAGO provides API integration with existing point-of-sale systems, facilitating seamless incorporation of Lightning Network payments into established retail setups.
Innovative Perspective
OPAGO’s innovative approach has garnered recognition and accolades, including the Fintech World 24 award in Berlin and the BTC Prague Startup Pitch contest. Notably, they became the first bitcoin company acknowledged by the German Ministry for Climate Action and Economics for their energy-efficient transaction capabilities.
With the ability to handle up to one million transactions per second without mining, OPAGO highlights the environmental benefits of the Lightning Network compared to traditional payment systems. This recognition reflects an innovative understanding of bitcoin’s potential beyond its on-chain limitations.
Benefits to Merchants
The appeal of OPAGO extends beyond transaction speed; it also includes significant marketing advantages for merchants. Businesses are drawn not only by practical benefits like near-instant settlements and protection from chargebacks but also by the opportunity to attract tech-savvy customers and international tourists who prefer spending their bitcoin.
Their flexible payment processing options allow merchants to choose between self-custody or custodial solutions for receiving Lightning payments, with transaction fees significantly lower than traditional credit card processing—just a flat 1% compared to the industry average of 3%.
What does the future hold for Opago?
OPAGO plans to introduce a feature allowing clients to convert bitcoin into euros for an additional fee of approximately 0.9%. They aim to expand its presence in the European market by integrating with larger retail chains and payment platforms.
The company is committed to bridging the gap between traditional commerce and the growing demand for bitcoin as a medium of exchange. For businesses interested in accepting bitcoin—whether for marketing benefits, chargeback avoidance, or as a hedge against fiat currency depreciation—OPAGO offers a straightforward onboarding process, regulatory compliance, and dedicated support.
As bitcoin adoption continues to rise across Europe, OPAGO stands at the forefront of integrating this revolutionary payment technology into everyday commerce.
This article was originally published on bitcoinnews.com
