Sheetz will soon become the first convenience store retailer to accept payments via bitcoin.
The mid-Atlantic convenience chain will begin allowing customers to pay for items inside the store or at the gas pump using digital currencies like bitcoin, ether, litecoin, dogecoin later in summer 2021. Sheetz is enabling digital currency payments via pure-digital payments network Flexa.
Flexa converts a consumer’s cryptocurrency to U.S. dollars in real time for payment to the retailer, enabling an exchange process and use of cryptocurrencies for brick-and-mortar payments. Retailers that have piloted Flexa include Barnes & Noble, Bed Bath & Beyond, Crate & Barrel, GameStop, Lowe’s, Nordstrom, Office Depot/OfficeMax, Petco, and Whole Foods Market.
Source: Chain Storeage
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 