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 the 6th token accepted by Flexa Network merchants across the United States, after last month adding Litecoin (LTC). Flexa’s SPEDN Wallet enables instant cryptocurrency payments in stores and online including major coffee, gaming, household goods and retail merchants across the country.
“ZCash is arguably the best digital currency for protecting privacy and promoting global economic freedom across the Flexa network. We’re proud to support ECC and the Crypto Community Project and help bring meaningful progress towards financial inclusion.”
– Tyler Spalding, Flexa co-founder & CEO
The announcement was made as a part of joint work by the Electric Coin Company (ECC) and Flexa on a pilot program called the Crypto Community Project. The program is bringing together young people in the South Bronx, August 1st-2nd, with a goal of increasing crypto-awareness and adoption in underserved communities. Participant students will be able to access the SPEDN Wallet and begin using Zcash at any of the 39,000 Flexa-network-supported retail locations.
“Financial inclusion requires that anyone can transact freely. I’m so happy that Flexa and Electric Coin Company share a common mission, and that Flexa are now enabling people to use Zcash to meet their daily needs.”
– Zooko Wilcox, CEO of ECC