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Gemini partners with Flexa; partnership will enable major retailers to accept crypto payments




Gemini partners with Flexa; Winklevoss asserts "trying to build bridge from crypto island to mainland of finance"
Source: Pixabay

In a bid to foster cryptocurrency employment into the mainstream space, Gemini, the cryptocurrency exchange has partnered with Flexa, a global cryptocurrency payments network that enables major retailers to accept digital asset payments [to spend bitcoin, ether, Bitcoin Cash, and Gemini dollars] in stores. Announcing this latest development, Gemini, on its official Twitter handle revealed:

Gemini founders and Bitcoin billionaires Cameron and Tyler Winklevoss, have taken yet another step toward scaling crypto usage. Tyler Winklevoss, cited that the payment solution provider channel, Flexa will enable the users of digital assets to buy from prominent retailers across the US, like the Barnes & Noble, Baskin Robbins, Bed Bath & Beyond, Caribou Coffee, Crate & Barrel, Express, GameStop, Jamba Juice, Lowe’s, Nordstrom, Office Depot & OfficeMax, Petco, Regal Cinemas, Ulta Beauty, and Whole Foods Market.

Leveraging Flexa’s payment channels with the existing infrastructure of Gemini, the CEO revealed that the firm plans to enhance the payment experience and merchants who are currently dependant on complex and expensive traditional systems of payment.

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Chayanika holds a Journalism degree and is currently working with AMBCrypto. She is inquisitive about everything that the Blockchain Technology has to offer.