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750 US Convenience Stores Embrace Crypto: Sheetz Brings Digital Currency Payments to Mainstream

source-logo  news.bitcoin.com 02 November 2024 04:40, UTC

Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards.

Sheetz Customers Gain a New Way to Pay — And Get Rewarded

American convenience store chain Sheetz has expanded its partnership with crypto payment firm Flexa, enabling digital currency payments at more than 750 locations across the Mid-Atlantic region, the company announced on Thursday. The announcement states:

Following the success of the initial rollout at select locations, this expanded partnership means that all 750+ Sheetz locations can now accept digital asset payments through Flexa.

“This offers Sheetz customers an easier and more seamless way to pay using stablecoins like USDC, as well as other popular digital currencies.” With this development, Sheetz becomes one of the first major convenience and restaurant chains in the U.S. to widely support cryptocurrency payments. Customers can now use assets like bitcoin, ether, litecoin, and USDC via Flexa’s platform.

Flexa highlighted the advantages of its technology, noting that it “enables consumers to make instant, fraud-proof payments using various digital assets, including bitcoin, ether, litecoin, and stablecoins such as USD Coin, across all 750+ Sheetz locations in Pennsylvania, North Carolina, Virginia, West Virginia, Ohio, Michigan, and Maryland.” By integrating directly with Sheetz’s in-store point-of-sale systems, the Flexa system ensures a smooth and efficient checkout process, enhancing convenience for customers interested in alternative payment methods.

Ryan Sheetz, the convenience store chain’s executive vice president of marketing and supply chain, expressed excitement about the expanded digital payment options, saying that this partnership aligns with the company’s commitment to innovation and meeting customer demand for modern payment solutions.

To mark this expansion, Sheetz and Flexa are offering a limited-time promotion, with a $20 discount on a single purchase for customers using Flexa. The collaboration comes amid rising interest in digital assets, with recent data indicating a surge in stablecoin transactions and consumer adoption of cryptocurrencies for everyday purchases. Additionally, Sheetz’s My Sheetz Rewardz loyalty program is now integrated with Flexa payments, allowing customers to earn rewards on digital currency purchases, further encouraging the use of digital assets within the Sheetz network.

news.bitcoin.com