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Sheetz is ready to accept Bitcoin and crypto payments

Sheetz is ready to accept Bitcoin and crypto payments

American convenience store Sheetz chain is now accepting Bitcoin and crypto payments across its outlets. Moreover, the retail Crypto payment received in the United States continues to grow with this.


Flexa


Moreover, the chain also announced its partnership with digital payment provider Flexa in a release issued on Thursday. The association is to enable customers to pay for products and services using cryptocurrencies.


For both

Sheetz also revealed that the Crypto payment option was for store items and gas pumps as part of the announcement. Moreover, the payment applies at over 600 outlets across Pennsylvania, Maryland, Virginia, North Carolina, and West Virginia.


Extension

The cryptos that will get accepted by the store chain include Bitcoin, Ether, Litecoin, and Dogecoin, among others. In addition, the chain’s Crypto payment adoption move can be considered an extension of its business relationship with NCR’s point-of-sale payment provider.


Loyalty Program

Apart from this, Sheetz also plans to allow customers to link their Flexa enabled payment apps with its loyalty reward program.


Significant Adoption


Moreover, Crypto seeks significant adoption in the rebates and loyalty rewards arena, with digital currencies as viable for rewarding patrons. However, with the Sheetz announcement, several convenience stores are adding themselves to the growing list of businesses accepting crypto payments in the United States.

Kessler Collection


The Kessler collection’s luxury hotel brand debuted the Crypto and stablecoin payment option back in March for the guests. In addition, a MasterCard survey done earlier in May revealed that nearly 40% of the respondents across the globe expressed interest in using Crypto for payment in 2022.


PayPal


Retail Crypto payment adoption indeed has been on the rise in recent times, with payment giant PayPal entering the Fray back in 2020.

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.