Cameron and Tyler Winklevoss want you to pay for groceries, movies, ice cream, and many other everyday retail products using cryptocurrency.
The news: The twins’ digital currency company, called Gemini, has formed a new partnership with payments startup Flexa to incorporate crypto-payment capabilities into the scanners that let you pay with services like Apple Pay.
A number of merchants tried to accept Bitcoin payments in the past, but it was probably too early: paying with crypto had yet to take off, and many retailers stopped taking it.
Speed merchant: In this case, Flexa will serve as a bridge between merchants and the blockchain, and will settle the payments in real time using its own network.
Merchants can choose to take the payment in either cryptocurrency or dollars.