GoMining Launches GoBTC Pay SDK and API for Direct Bitcoin Payments

TLDR

• GoMining launched the GoBTC Pay Gen1 SDK and API for Bitcoin payments.
• The tools are built for merchants, wallet providers and ecosystem partners.
• GoBTC Pay supports non-custodial Bitcoin transactions.
• The platform targets direct settlement on the Bitcoin network.
• Merchants using GoBTC Pay will pay a 0.2% transaction fee.

GoMining has launched the GoBTC Pay Gen1 SDK and API, opening its Bitcoin payment infrastructure to merchants, wallet providers, and ecosystem partners that want to integrate BTC payments into commercial products and services.

The release expands GoBTC Pay from a closed demonstration product into a developer-accessible payment system. GoMining said the new tools will allow businesses to connect to its Bitcoin payment protocol through software development kits, API access, merchant onboarding tools, and a web-based dashboard.

The company plans to onboard an initial group of up to 10 merchants and ecosystem partners as part of the rollout. The launch places GoMining’s Bitcoin payment strategy in the same market category as payment products from firms such as Block’s Square, although GoMining is focusing on direct Bitcoin settlement rather than default fiat conversion.

GoBTC Pay Opens to Developers and Merchants

GoBTC Pay is GoMining’s Layer 1 Bitcoin payment protocol, designed to support direct BTC transactions for real-world purchases. The Gen1 release includes public developer documentation, online payment integrations, payment management features, an open API, and tools that help merchants connect the system to existing checkout flows.

The system is designed to let users pay in Bitcoin without transferring custody of their assets to an intermediary during the payment process. GoMining said the platform supports non-custodial payments while maintaining settlement directly on the Bitcoin network.

GoMining CEO Mark Zalan said Bitcoin was created to move value between people and that the SDK and API are intended to help merchants and wallet providers bring Bitcoin payments into everyday commerce. He said the company wants to address practical problems in BTC payments, including fees and settlement timing, while preserving self-custody and on-chain finality.

The company is positioning the product for merchants, wallet companies, and institutional partners that want to support BTC payments without relying on custodial payment processors or off-chain conversion systems.

Payments Settle Directly on Bitcoin Network

GoMining said GoBTC Pay operates through its private 15 EH/s mempool infrastructure, which is built on the Stratum V2 mining protocol. The company said this setup allows GoBTC Pay transactions to receive priority processing within participating mining operations.

The platform targets an average settlement time of about 12 hours, while keeping final settlement on the Bitcoin blockchain. GoMining said the goal is to provide a payment process that feels more familiar to merchants and customers while retaining Bitcoin’s settlement properties.

A core difference between GoBTC Pay and some existing Bitcoin payment services is how merchants receive payment. Some competing systems allow consumers to pay in BTC but convert the transaction into fiat for the merchant by default. GoMining’s system is built around Bitcoin-to-Bitcoin transactions, meaning merchants that want fiat currency would need to manage conversion separately.

That approach, as a result, could appeal to businesses that want to receive and hold Bitcoin directly. It may also create operational requirements for merchants that prefer immediate fiat settlement, especially in markets where accounting, tax, and volatility management remain important considerations.

Merchant Fees Shared With Wallets and Miners

GoMining has set a 0.2% transaction fee for merchants using GoBTC Pay. The fee is split equally between participating wallet providers and miners within the GoMining pool that process settlements.

The company said the fee model is designed to create incentives for wallets, miners, and merchants involved in Bitcoin payment activity. Wallet providers receive a share for supporting user access, while miners receive a share for processing settlement through the GoMining mining infrastructure.

The launch follows GoMining’s introduction of GoBTC Pay at the Consensus conference in Miami and forms part of the company’s broader plan to increase Bitcoin’s use as a payment network.

Block’s Square has also been expanding Bitcoin payment tools, including services that use the Lightning Network and default fiat settlement unless merchants choose otherwise. GoMining is taking a different route by building a direct Bitcoin payment system with on-chain settlement and non-custodial design.

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