The Flexa payment network has added Shiba Inu as a payment option to more than 40,000 merchants, according to a Be In Crypto report released on Monday, December 13.
Flexa customers can spend their Shiba Inu digital currency by sending it through the SPEDN wallet on a smartphone app and use it to pay for purchases via the Flex Code that appears on the screen, which allows the merchant to scan the code similar to Apple Pay and to be paid in fiat via the Amp intermediary cryptocurrency. Flexa deducts the payment amount from the SPEDN wallet.
Nordstrom, Barnes & Noble, Lowe’s, Gamestop, and Whole Foods are some of the merchants that accept Flex payments. Flexa also added Solana, LUNA and TERRA as payment options earlier this month.
The company has partnered with Regal Cinemas to allow moviegoers to pay for tickets and concessions with a variety of cryptocurrencies, including Bitcoin, Litecoin, Dogecoin, Ethereum, and Basic Attention Token. Regal Cinema customers will get 20% discounts if they pay with Shiba Inu until the end of the year.
Flexa recently partnered with Salvadoran financial institution Bancoagricola to accept bitcoin for credit card loans and repayments, goods and services since Bitcoin became legal tender in that country in early September.
Related: Shiba Inu Now Accepted By BitPay Merchants
Earlier this month, cryptocurrency payment service platform BitPay said merchants in its network can accept Shiba Inu for payments and consumers can buy in-store and exchange the digital currency in the store. BitPay Wallet application.
In October, AMC CEO Adam Aron asked in a Twitter poll whether the company should add Shiba Inu as a payment option and got resounding approval for using the decentralized meme token to purchase tickets, of concessions and more in the cinema chain.
Newegg announced its participation in the Shiba Inu payment phenomenon on a massive digital billboard at the Reef in Los Angeles, at the intersection of freeways I-10 and I-110.
AMC Theaters will accept a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Dogecoin, for online tickets and concessions by the end of this year.