Speed is a leading lightning network-based Bitcoin and stable coin payment processor. Recently, Speed has released APIs that will allow developers to build custom applications on top of the Speed payment platform.
With the public API launch, Speed is empowering developers to create their own apps using our payment infrastructure. With the help of Speed APIs, developers can start creating eCommerce plugins, SaaS billings, and rewards workflows on top of their software.
Speed provides a robust Developer Guide, API Reference Documentation, and public APIs for a seamless integration and development experience. Internally, Speed uses the same API infrastructure to power its own payment platform. Speed offers pre-built headless APIs for business applications such as e-commerce checkout, donation payments, influencer payments, invoicing, and so on. The business applications and APIs are designed in such a way that you can quickly create your own custom solution with little code.
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In addition to this powerful API documentation, Speed allows you to test the API integration in both test and live modes for modeling and verifying your integrations. You can experiment with payments in test mode without modifying live data or interacting with a live bitcoin node or lightning network node.
Along with enabling businesses and merchants to accept bitcoin and stable coin payments, Speed offers a highly secure and instant payout in any bitcoin on-chain or lightning wallet.
With the recent launch of the Taro protocol on the lightning network, a lot of use cases related to currency exchange will happen directly on the network. Using the Taro protocol, customers will be able to pay in any digital currency, while merchants will get a balance in their preferred digital currency. All the exchanges will happen on the lightning network itself. They will provide great flexibility in payment transactions.