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Regal, AMC Rival Activates Crypto Payments Options For Moviegoers

Regal, a subsidiary of Cineworld Group, is partnering with digital payments network Flexa. Of course, this allows customers to make payments for movie tickets, popcorn and more with cryptocurrencies in its theaters.

Furthermore, Regal will accept cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Dogecoin. Also, stablecoins like Dai, USD Coin and Gemini Dollar. Then, digital tokens like LINK and ATOM, among others.

More so, Regal operates about 7,000 screens in more than 500 theaters across the U.S.

Currently, Flexa will be working with Regal to enable better payments. Also, seek to expand integration across multiple assets and protocols, like the Lightning Network, according to a press release.

Then, Flexa’s guarantees a settlement, flexible integration options, fraud-proof architecture. Also, with extensive currency and payment options. Which of course, can address the challenges currently stopping mass adoption of digital assets.

Lastly, Regal announcement is coming just weeks after its rival AMC Theatres enables crypto payments for its theater chain.

As for now, AMC accepts Bitcoin, Ethereum, Litecoin, Dogecoin. Then, it adds Bitcoin Cash and Shiba Inu for payments.

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.