Crypto Mass Adoption App Bringing Bitcoin, Litecoin, Ethereum and Bitcoin Cash to Starbucks and Mainstream Merchants Worldwide
A new “one-tap” mobile payments app has launched its closed beta allowing users to load up Bitcoin, Ether, Bitcoin Cash, Litecoin and pay for items at stores like Starbucks and Nordstrom without having to manage cryptographic keys.
Flexa users can take their phones to go shopping in the real world, tapping once for a “flexcode” and swiping at a merchant’s POS terminal to complete the transaction. The app manages the amount and the wallet address, converting the cryptocurrency payment at the market rate.
The goal is to allow Flexa users to spend Litecoin at Nordstrom or Bitcoin at Starbucks or any combination of cryptocurrencies at shops in over 35,000 locations worldwide.
I just bought a Starbucks coffee with Bitcoin with the Flexa @FlexaHQ beta app! pic.twitter.com/09EQozFW5u
— MISSNATOSHI 👸🏻 (@missnatoshi) July 13, 2018
The New York-based company was founded in 2018 by Kathleen Pierce-Gilmore, a former PayPal executive; Trevor Filter, a UX developer for American Express; Tyler Spalding, CTO for Raise; and Zachery Kilgore.
The development team aims to transform payment platforms by eliminating fraud and giving people the freedom to choose their preferred method of payment – without banks and bank cards.
Just paid in bitcoin with @FlexaHQ at starbucks. The transaction took LESS than 5 seconds. I’m absolutely blown away with how simple & easy this was. Will definitely be supporting this team. pic.twitter.com/SNyyYb8Xp6
— Wally⚡️West (@DrPopandLocks) July 24, 2018
According to their blog, “By making cryptocurrencies spendable in mainstream commerce, our sincere hope is that we can help bring the full promise of blockchain technologies to people all over the world.”
They’re currently accepting testers on a limited basis for their closed beta. You can sign up here.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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