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Flexa introduces “Pay with Flexa” for merchants to accept digital currencies instantly

By Pavithra R

May 27, 2021

  • America
  • Flexa
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Flexa introduces "Pay with Flexa" for merchants to accept digital currencies instantly Flexa, the global leader in pure-digital payments has announced expanding its digital currency acceptance offering to include a suite of eCommerce plug-ins that enable merchants to accept digital currencies via their online retail channels instantly and with guaranteed zero fraud.

This online payments experience from Flexa offers a simple and straightforward checkout experience using the new “Pay with Flexa” button, which streamlines spending for the dozens of digital currencies that are currently supported on the Flexa network. Online transactions made with Flexa are authorized and guaranteed.

The Pay with Flexa experience preserves the security and privacy of digital currency payments by leveraging the existing verification systems of the underlying blockchains in tandem with Flexa’s proprietary collateralization platform, powered by Amp.

“Since launching Flexa just over two years ago as the first ever digital currency payment option for brick-and-mortar retail, we’ve scaled to support more than 41,000 merchant locations across the US. With Flexa, anyone has been able to use digital currencies—including cryptocurrencies and other forms of digital tokens—for a variety of everyday purchases, including everything from coffee to beauty and from pet supplies to apparel and more. And now today, we’ve dramatically expanded the reach of Flexa-powered payments, enabling instant, affordable payment acceptance for virtually any merchant with an online storefront,” said Tyler Spalding, co-founder and CEO of Flexa.

Besides launching support for the Pay with Flexa button online via 8 new Flexa Connect plug-ins, Flexa is also announcing support for 2 more merchant-friendly payment paradigms, including instant digital currency payments at the fuel pump through its existing relationship with NCR, and instant digital currency payments in restaurants and bars through a new relationship with Rooam.

“Our new online payments capabilities are part of our mission to help consumers spend their digital currency quickly, easily, and in as many real-life settings as possible—whether that’s in stores, online, at the pump, or at the table. We look forward to helping unlock value in whatever form it takes for many more merchants in the weeks and years to come,” said Eric Thiegs, Head of Strategic Partnerships at Flexa.

Founded in 2018, Flexa is making cryptocurrency spendable everywhere by offering a fast, fraud-proof payments network. Its digital network eliminates chargebacks and unexpected reversals enabling users to take payments with confidence. Recently, the firm partnered with Aurus to enable instant acceptance of digital currencies for merchants

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