Show your Stripes

The wait is over. Bolt 's SuperApp is here. 🚀 And so is a Total Revolution in Payment Processing. Today for the first time ever – developers and businesses, who have been beaten down for so long, finally have the opportunity to Show Their Stripes. That’s right, TWO monumental announcements in one day. Here we go… ⚡

I founded Bolt 11 years ago to build the simplest app to buy/sell/send Crypto. Over a decade later, still no company has done this well. Today marks a significant day: the return of that original vision. And this time around, it is so much more.

Bolt’s SuperApp is lightning-fast, shockingly-simple, and comes loaded with supercharged-rewards. The first-of-its-kind Bolt SuperApp combines crypto, commerce, payments, and rewards, into one seamless experience—powered by that Bolt one-click magic we’ve perfected. Instead of jumping between 5+ apps to manage your crypto and your money, the Bolt SuperApp allows you to do it all in one place:

✅ Buy, sell, send, receive crypto (on-chain!)

✅ Pay friends instantly

✅ Earn up to 10% rewards with the Bolt Card

✅ Real-time order tracking and payment tools

Bolt is the new HomeBase for your Coins.

But, that’s not all… Today we’re also proud to announce an Industry-Redefining Model for Payments. Going forward, Businesses of ALL SIZES will receive a 2.1% + $0.30 payment processing rate. There will be NO fees kept on refunds and industry bottom $5 fees on chargebacks. These rates, previously available to only the largest companies in the world, are now made available to EVERYONE.

Bolt Checkout is a proven driver of results, and when a customer uses their Bolt account at the start of checkout, everything accelerates. Bolt Account-Holders convert over 50% higher and are 15% more likely to make a repeat purchase than guest users. Their checkouts take seconds instead of minutes. To sustain these high-performing experiences, there will be a 1.35% Network Fee when an existing Bolt Network User logs in before purchasing. All other transactions will have zero Network Fee. This win-win pricing model only charges an additional fee when Bolt delivers clear conversion value.

Bolt's mission since day one has been to Democratize Commerce. Independent businesses are backbone of our economy and our communities. We're proud to pour everything we have into making them thrive.

To advance our mission even further, we are excited to announce waiving the fees on many of our major product lines:

➡ ️ Checkout OS—our full-stack checkout platform with 100s of integrations and best-in-class features—used to include a 1%+ software fee on every transaction. Starting today, it’s free.

➡ ️ Check-in & SSO—our completely streamlined, passwordless login layer. This previously included a $0.50+ fee per user. Starting today, it’s also free.

➡ ️ Checkout Everywhere—this solution extends our category-leading one-click to social posts, blog posts, customer service chats, emails, Google product listings, and more. All of this is also going to be free.

As a special limited-time promotion, developers and businesses who go-live with Bolt in the next 90 days will get the following offer: Standard fees (1.35%) charged up to the Bolt Shopper Network constituting 30% of their total transactions, half price (0.675%) after 30% and up until 50%, and zero network fees beyond 50%.

This program all-in should save businesses at least 1% from even the best-in-class providers today. We’re asking developers and businesses of all sizes to Show Their Stripes, Bolt from their current provider, and make the switch. ⚡

I installed Bolt on my own site Love.com (the clean, green everything store) and could not be more thrilled. Installation was a breeze. And Checkout is now the best part of our site. We also embedded 1-click checkout links directly into our AI-assisted chat. Go Check It Out for yourself: love.com.

This is just the beginning. We’re building the Future of Money—and Being the Change we want to see in the industry. For those of you who missed it, here’s my keynote fireside chat at the Fintech Meetup Conference: https://youtu.be/OAlH-wFRsNA 

With this announcement, Bolt is one-step closer to our mission to truly Democratize Commerce and Democratize Finance. The next era of finance is one click away. And so is getting started: we just rolled out (... also today) Self Service.

Developers, SaaS Businesses, and Ecommerce businesses alike → integrate Bolt right away at bolt.com/get-started. 

Everyone else → discover your new HomeBase for your Coins and Dollars by joining the waitlist today, before the public access rolls out next week.

Download the Bolt app now and get ready to energize your money: bolt.com/pay ⚡⚡

An enormous thank you to the people that were absolute heroes in making this a reality. The actual list is far too long. But special thanks to Justin Grooms Estefan Ramirez Vazquez Kartik Ramachandran Andy Elmhorst Marty Kovacevich Joel Schreiber Astine Alaverdyan .

Another special shoutout to our partners at Midland States Bank , Synctera , and zerohash for making much of this possible. And finally, a special thanks to Kurt Noble and his fearless team for our beautiful & upgrated website.

Here’s this morning's coverage on TechCrunch in case you missed it (here) and our press release (here).

#Bolt #Payments #SuperApp