Bitcoin, Ethereum, Bitcoin Cash and Litecoin Payments Coming to Retail Giants in Canada
Instant blockchain payments firm Flexa is launching its services outside the US for the first time. Its person-to-person crypto payment platform is now available in Canada.
The company says residents can now download and install the SPEDN app, which is available on the App Store and Google Play. New users can also visit Flexa’s SPEDN Shop pop-up at the Blockchain Futurist Conference in Toronto (until August 14th).
The Flexa team says it’s bringing instant cryptocurrency payments to more than 7,500 Canadian merchants, and some of the country’s biggest retail and entertainment brands will be integrating its services during the first week of September 2019.
According to the company’s announcement, Flexa’s services will be accessible in the Great White North area, from Yukon to Nova Scotia and from Vancouver to St. John’s.
Flexa’s press release states,
“To bring Flexa to Canada, we’ve partnered with Coinsquare, Canada’s largest and most secure cryptocurrency exchange. Based in Toronto, Coinsquare has spent the last several years building one of the most compliant and innovative exchange businesses in the industry.”
Flexa’s management notes that the platform has been developed on top of different cryptocurrencies, and that Flexa’s Canadian customers will be able to spend their funds easily when visiting the US.
Last month, Flexa added support for Litecoin (LTC) transactions on its payments network. The company’s network also supports payments in Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), and Gemini dollars (GUSD). The company currently provides direct point-of-sale payments at over 39,250 different stores based in the US.
Flexa’s management says its business strategy is aimed at increasing cryptocurrency adoption by helping shoppers spend their funds. The firm enables digital currency spending on the consumer side while helping merchants settle payments in fiat currencies.
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