A customer pays you $18.50 from Cash App. Two seconds later, $18.50 is in your business account in dollars, and the sale cannot be charged back. This post follows that payment all the way to your bank, so you know what a Strike business account does, what it costs to move money out, and what riverArk adds at the counter.
What Strike for Business offers
Strike's business page lists these features (Strike for Business, read Nov 11, 2026):
- Accept bitcoin over Lightning or on-chain, at the point of sale, at online checkout, or by invoice.
- Settle to USD or hold bitcoin. Your choice.
- Treasury tools: recurring and one-time bitcoin buys.
- Bill pay: pay US billers from your cash or bitcoin balance.
- Borrowing against bitcoin, in select US states.
- An API for businesses that build their own tools (Can I use my account through an API?, read Nov 11, 2026).
Strike notes that products and features may not be available in all regions. To open an account, follow how to set up a Strike business account.
One sale, start to finish
1. The customer pays
At your counter, staff type the amount on a phone or tablet in riverArk. A QR code for that amount appears. The customer scans it with Cash App, Strike, Phoenix, or any app that pays a Lightning invoice. Coinbase and Kraken can pay one too.
A Cash App customer does not need to own bitcoin. Cash App announced on November 13, 2025 that eligible customers can pay a Lightning QR code from their dollar balance (Cash App press release, read Nov 11, 2026).
2. Your Strike business account receives it
The payment lands in your own Strike business account within seconds. riverArk creates the payment request and reports the sale. It never touches the money: the payment moves from your customer to your account. Merchants retain control of funds throughout.
The payment is final. There is no chargeback window, so handle a return the way you handle a cash return.
3. It settles in dollars, or you keep bitcoin
Settle in USD and you carry no volatility exposure: the $18.50 sale is $18.50 in your account. If you prefer to keep part of your sales in bitcoin, you can choose that instead. Strike lets you set how incoming payments arrive under Account, then bitcoin, then Receive currency (How do I receive cash or bitcoin?, read Nov 11, 2026).
4. You move it to your bank
Link your business checking account in Strike under Account, then Payment methods, in the same legal name as your business. From there, Strike's withdrawal options are (How do I withdraw cash?, read Nov 11, 2026):
| Option | Typical timing | Fee |
|---|---|---|
| Standard bank transfer | About 3 to 5 business days | No fee |
| Instant | Immediate, if your bank supports it | Fee applies, see Strike's page |
| Wire | About 1 business day | Fee applies, see Strike's page |
Strike fees, and what you actually pay per sale
Strike publishes its own fees, and it changes them on its own schedule, so read them at the source. The kinds that exist:
- Buying and selling bitcoin. Strike charges trading fees tiered by monthly volume, plus a spread built into each buy or sell price. Details: What are the trading fees?
- Fast withdrawals. Instant and wire withdrawals carry a fee; standard bank transfers do not. Details: How do I withdraw cash?
- Deposits. Strike lists no fee for bank (ACH) or wire deposits. Details: How do I deposit cash?
- Converting unrequested payments. If bitcoin arrives without a dollar request and your account converts it to cash on arrival, a conversion spread applies. Details: How do I receive cash or bitcoin?
On a riverArk sale, your per-payment cost is riverArk's rate. A riverArk payment request is a USD invoice: the payer covers conversion inside the quote, so the full sale amount lands in your account. riverArk's rate is separate from Strike's fees and is the whole cost of taking that payment. Withdrawing with a standard bank transfer adds nothing.
Where riverArk fits
A Strike business account is where you get paid. riverArk is how your counter or your website asks for the payment.
- Counter QR codes. Staff type the amount, the customer scans, the sale is reported in riverArk.
- Tips. Live on the Plus plan and above.
- Public API. A developer can build e-commerce checkout or a custom POS today. Docs at ark.riverark.io/docs.
- Dynamic Pricing. One setting from -10% to +5%. At +1%, the paying customer covers the riverArk fee. Below zero, it becomes a discount for paying this way. Surcharge rules vary by state, so check yours.
Rates, on monthly volume through riverArk:
| Monthly volume | Rate |
|---|---|
| Up to $5,000 | 1% |
| $5,000 to $25,000 | 0.85% |
| Above $25,000 | 0.75% |
Card processing typically costs small businesses 1.5% to 3.5%.
Big tickets. Strike limits each Lightning payment to 0.05 BTC, so a single payment is capped at 0.05 BTC, and its dollar value moves with the price. For a larger sale, take a deposit this way and the balance another way.
Set it up
- Open your Strike business account: step-by-step guide.
- Sign up at ark.riverark.io, free to start, and enter your Strike username during signup or under Settings, then Merchant Account.
- Pay the live demo from your own phone and watch it land.
For the full counter setup, read how to accept Bitcoin. For more on the custody model, see Bitcoin payments without custody.
FAQ
Is a Strike business account the same as a personal Strike account?
No. A business account is opened from dashboard.strike.me with "Sign up as a Business" and verifies the company and each owner. riverArk connects to a business account.
Does riverArk hold my money?
No. riverArk never holds your money. Payments move from your customer to your own Strike business account.
What does Strike charge to receive a riverArk payment?
A riverArk payment request is a USD invoice, and the payer covers conversion inside the quote. Your per-payment cost is riverArk's rate. Strike's own fees for other services are listed on its help pages.
How fast can I get money to my bank?
A standard bank transfer takes about three to five business days at no fee. Instant and wire options are faster and carry a fee.
Can I keep bitcoin instead of dollars?
Yes. You choose. Settle in dollars and you carry no price exposure.
Is there a limit on a single payment?
Yes. Strike limits each Lightning payment to 0.05 BTC. For bigger tickets, take a deposit plus the balance another way.
riverArk does not give investment, tax or legal advice. You can settle every sale in US dollars.