2019-5-13 17:00 |
Payments startup Flexa has released a crypto wallet called SPEDN to help brick-and-mortar retailers accept cryptocurrencies.
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Regal, a subsidiary of Cineworld Group and the operator of one of the largest and most geographically diverse theatre circuits in the United States, announced today that it has partnered with Flexa, a crypto payments network, to offer patrons the ability to pay with cryptocurrency.
The crypto payment provider has raised $20 million from a private sale of its AMP token used for its new backend.
Flexa, a network for crypto payments consisting of popular merchants in the US and Canada, announced that the latest release of the Flexa Capacity dApp is now live on mainnet. This update features support for Flexa network rewards and FXC withdrawals, and includes minor improvements to the dApp user interface.
New retail technologies, including crypto payments app Flexa, will be on display at a McKinsey-organized store at America's largest mall.
Mobile wallets and other apps will soon be able to plug into Flexa's payment rails and offer crypto payments to retailers.
Functioning like a pipeline for commercial transactions, SPEDN processes regular purchases in cryptocurrencies like bitcoin or ethereum.
Flexa, a payment network seeking to unite retail and blockchain technologies, has announced Litecoin (LTC) as the fifth digital asset to be accepted by merchants on the Flexa network, and the first coin added to the network since it launched back in May.