As of today, cryptocurrency is now accepted as payments at tens of thousands of merchants in the U.S. on the Flexa network.
Top brands such as Whole Foods, Baskin Robbins, Lowe’s, and Nordstrom will now accept Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar.
Flexa network is establishing new payments infrastructure for crypto.
The payments network is bypassing existing infrastructure by building new connections with point-of-sale terminals across the U.S. Flexa claims it will be able to lower processing fees, reduce fraud, and preserve user privacy with its new cryptocurrency-enabled network.
Bitcoin has been able to substantially reduce transaction fees on the network through improvements on its protocol, while other cryptocurrencies such as Bitcoin Cash and Ethereum take advantage of other innovations to offer even lower fees.