This post is also available in: German
The Breez Wallet is a non-custodial wallet for iOS and Android. The Breez Wallet can be used to receive and send Lightning payments.
The Breez Wallet also has a POS function. This means that Lightning payments can also be received in-store.
There is also a Breez debit card.
The advantage of the Breez Wallet is that you don’t have to write down the 24-word seed when setting up the wallet.
You have the option to do it at a self-determined time. So we can test in peace and if we use the Breez Wallet permanently and manage a relevant credit, then it makes sense to secure your seed.
Install & set up Breez Wallet
Once the wallet has been installed on the smartphone, the blockchain is synchronized.
After that, we will see the following home screen.
Click on “Add Funds” and get to the following page.
Here you can import a voucher purchased from Fastbitcoins or buy a few Bitcoins by credit card.
If you already have Bitcoin on another wallet, you can transfer a few test Satoshi.
Payment is made to a bc1 address. Care must be taken to ensure that older wallets do not yet support these new addresses.
The wallet immediately indicates that the Bitcoin sits on the way. Once the payment has been confirmed in the blockchain, the amount will be credited and displayed.
Lightning payments can also be received via the Invoice function.
At the bottom right is the Invoice area. The Pay button can be used to pay invoices using the QR code.
Alternatively, a payment request with amount and purpose can be generated and sent.
In the middle of the screen, the balance with the transaction history is displayed.
The warning triangle in the upper right corner is for generating the seed to secure its balance.
There are other settings in the upper left corner.
Here the individual functions are listed again.
A system-generated username is created at the top. Next to it is the market place. Lists stores that accept payment by Lightning.
Then the function to deposit Bitcoin on the wallet.
If the Bitcoin credit is to be sent to another Bitcoin address, this is via the “Remove Funds” function.
“Connect Pay” is a friend-advertising-friends feature. Here a link is generated that leads to the download page of Breez. This link can be sent via the mail program to friends who receive a payment to the newly set up Breez Wallet.
Then the possibility to receive payments via Lightning (Create Invoice) or pay invoices (Pay Invoice).
Breez Debit Card
Then the Breez debit card can be purchased. With the Breez Card, NFC payments can be made at the POS. The use of the NFC interface is only available to Android devices.
Advance provides the ability to manage connections to nodes. A connection to the Breez node is made by default. There is automatically enough liquidity to receive Lightning payments.
Breez POS Terminal
The Breez Wallet has a Lightning POS Terminal feature. Thus, in your physical business Lightning can receive payments from your customers.
In the settings you will find under Advanced the possibility to activate the POS function.
You can then enter the amount that the customer is to pay via a keypad. The currency can be selected accordingly via a currency selection. For example, if the amount is expressed in euros, the corresponding Bitcoin equivalent will be calculated at the time of payment.
However, the menu or the products that are on offer can also be stored. In the following example we have created a coffee for the price of €2,-.
The name SKU stands for Stock Keeping Unit and means item number.
Once the products have been created, they can be selected at the later payment and do not have to be re-specified again and again. A shopping cart function then calculates the total amount.
If the smartphone is used not only by the boss, but also by other employees, the sending of credits can be provided with a password protection. Thus, only payments can be received from customers, but no employee can transfer the money elsewhere.
Breez Wallet Summary
The Breez Wallet has the advantage that many functions have already been preconfigured. So you don’t have to go looking for a suitable channel to get payments. The Breez Canal is immediately available.
Bitcoin can be purchased via partner by credit card or voucher if you do not already own Bitcoin.
You can send Bitcoin to the Breez wallet and the credit is automatically managed in Lightning Satoshi. There is no need to move within different wallets.
In future versions, scanning a QR code will automatically detect whether it is a Bitcoin or a Lightning address.
A very innovative feature is the Lightning POS terminal. Thus, the Breez Wallet is an absolute recommendation for stores that want to accept Lightning payments in the restaurant or store.
Find out more about Lightning Wallets
This post is also available in: German