Join Our Mailing List
Wednesday March 22, 2023
Bitcoin (BTC) $27,395.34   Ethereum (ETH) $1,737.51
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Vendor Technology

Flexa goes live with cryptocurrency payment network and mobile app

Published by CryptoNinjas.net
05/13/2019
Flexa raises $14.1 million to push blockchain payment adoption

Flexa, a new global network uniting retail and blockchain technologies, today announced a limited launch of its network and mobile app to enable instant cryptocurrency payments in stores and online for several retail merchants. Beginning today, merchants can easily accept bitcoin, ether, bitcoin cash, and the Gemini dollar from consumers who have the new SPEDN mobile wallet app.

To spend cryptocurrency on Flexa, users send bitcoin or other supported digital assets to Flexa’s secure SPEDN wallet and scan the app’s barcode at the point-of-sale; just like other forms of digital payment. Flexa then converts the consumer’s cryptocurrency to USD in real-time for payment to the merchant; enabling a simple exchange process and practical use of crypto in real-world payments.

The SPEDN wallet app was built on the open Flexa network, which acts as an intermediary between merchants and the blockchain; while requiring no point-of-sale upgrades. By integrating existing merchant point-of-sale systems with blockchain technologies, Flexa simplifies the payment settlement process and reduces instances of fraud, decreasing two of the most significant operating costs for retailers.

“This is the first real instance of decentralized global retail payments, with the power to make commerce more efficient and accessible for billions of citizens globally. The legacy payment systems are complicated and costly. This solution provides a way for cryptocurrencies to solve these problems and allow merchants to conduct inexpensive and fraud-resistant transactions.”
– Tyler Spalding, Co-Founder, and CEO of Flexa

See above current businesses on the network. Flexa is enrolling new merchant partners on a first-come, first-serve basis, and is focused on businesses with a national footprint.
64
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Flexa app adds Regal to offer cryptocurrency payments for movies & more

11/23/2021
Regal teams with Flexa to enable cryptocurrency payments for movies & more

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...

Read more

InComm Payments connects with Flexa to allow its merchants to accept crypto

07/07/2021
InComm Payments integrates Flexa to offer its merchants cryptocurrency acceptance

InComm Payments, a payments technology solutions company, today announced that it has chosen Flexa, a cryptocurrency payments network, to offer its global brand partners a means to accept dozens of cryptocurrencies including bitcoin (BTC),...

Read more

Rewards now live on retail crypto payments network Flexa

12/17/2019
Rewards on crypto payments network Flexa are now live

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...

Read more

Flexa Network SPEDN Wallet adds support for Zcash (ZEC)

08/01/2019
Flexa Network SPEDN Wallet adds support for Zcash (ZEC)

Flexa, a cryptocurrency payment network for retailers which recently launched, following a $14.1 million fundraising, today announced along with Electric Coin Company (ECC) that Zcash (ZEC) is now supported on the Flexa network. ZEC becomes...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
How to Become a Web3 Developer: A Guide to Web3 Jobs

How to Become a Web3 Developer: A Guide to Web3 Jobs

03/15/2023

Ripple names payment network RippleNet and grows product suite

08/01/2017
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy