Flexa and Sheetz have teamed up to bring crypto payment options to customers at 750 Sheetz locations across the U.S.
Flexa is a digital payment solution that allows users to make instant cryptocurrency payments at retail locations. By partnering with popular wallets, Flexa enables transactions in Bitcoin, Ethereum, and other cryptocurrencies, converting them into fiat instantly for merchants. Known for its speed and security, Flexa simplifies crypto payments and helps businesses accept digital assets without the risk of price volatility.
In the latest development, Flexa partnered with Sheetz, a leading U.S. convenience store chain. Through this collaboration, Flexa’s platform will support over 750 Sheetz locations in accepting cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and USDC. Customers can use crypto while participating in the My Sheetz Rewards loyalty program and earn rewards.
Flexa is proud to now be powering digital currency payments at all Sheetz locations. ⚡️Check out the press release: https://t.co/tDdob2dXar pic.twitter.com/VUoA93zf29
— Flexa (@FlexaHQ) October 31, 2024
Crypto Payment vs. Crypto Adoption
In the last five years, cryptocurrency adoption as an alternative payment method has grown rapidly. However, the increase has been more in crypto payment platform usage than in overall crypto adoption. Due to high volatility in cryptocurrency prices, many companies avoid direct crypto payments. Fortunately, centralised payment solutions like Flexa provide crypto and blockchain-powered payment services, allowing merchants to accept crypto payments without facing any price volatility issues.
The regulation of stablecoins has also spurred growth in crypto payments, as stablecoins offer the stability needed for everyday transactions. With regulatory clarity, businesses feel more confident accepting stablecoins, which are pegged to traditional currencies like the U.S. dollar, reducing volatility concerns. This has led to a rise in crypto payment solutions integrating stablecoins, making it easier for consumers and merchants to transact in digital currencies without fear of rapid price changes.
Read also: Trump’s Winning Odds Drop Sharply, Bitcoin Market Reacts with Minor Decline
