On June 3rd, Flexa, new payments network, announced to supports LTC for payment at every Flexa-enabled merchant in the United States.
Basically, Flexa is a new payments network, built using cryptocurrencies, that brings buyers and sellers closer together in order to cut processing costs, eliminate fraud, and preserve your privacy.
Previously, Flexa supported Ether, Bitcoin, Bitcoin Cash, and the Gemini dollar. Litecoin (LTC) is the fifth Cryptocurrency to be accepted by merchants on the Flexa network, and the first coin added to the network since it launched in the US recently.
Litecoin distinguishes itself with low transaction fees, fast confirmation times, and an active community of avid supporters and payments enthusiasts. Flexa , as the first instant cryptocurrency payments network, offers direct point-of-sale payments at more than 39,250 stores across the United States. With this Partnership, Flexa and Litecoin shall deliver, secure, fast, and fraud-resistant payments that improve the status quo for merchants and consumers alike.
Charlie Lee, creator of Litecoin, announced the integration at the Asia Blockchain Summit in Taipei on Wednesday. He cliamed :
“I’m excited to see Flexa help push mainstream adoption of Litecoin payments,” Further he added “Being able to pay with LTC at all these new major merchants is great for the entire Litecoin community.”
Adding Litecoin on Flexa will be beneficial for spending cryptocurrency at any store, across the world. The platform is bringing the litecoin payment into the mainstream, starting with inviting thousands more people to use Flexa’s SPEND app.
SPEDN is available for iOS, with an Android beta launching on July 9.
What’s your view on #Paywithlitecoin? which other currencies should Flexa support? Share your views on our Facebook and Twitter page.