Regal Cinemas Ropes in Flexa to Accept Cryptocurrencies as Payment for Movie Tickets, Popcorn

Regal Cinemas, a well-liked film theatre chain in america, has joined palms with virtual bills corporate Flexa to just accept Bitcoin, Dogecoin, Litecoin, and Ether amongst different cryptocurrencies for film tickets and snacks. In addition to crypto cash, the corporate will settle for bills in virtual tokens too like Basic Attention Token (BAT), amongst others. The theatre chain follows AMC, which made a identical announcement previous this month, even supposing Regal will be offering customers a extra numerous array of virtual cash and tokens to make a choice from, whilst paying.

Through its partnership with Flexa, Regal mentioned it is enabling quick bills the usage of cryptocurrencies together with Bitcoin, Ether, Litecoin and Dogecoin. It may also settle for virtual bucks and stablecoins together with USD Coin, Dai, and Gemini buck. Digital tokens together with LINK, ATOM, and BAT also are permitted. This might be to be had at Regal Cinemas in 42 US states, throughout all 6,885 displays in 514 theatres. When shoppers pay at Regal with Flexa apps, visitors will have the ability to hyperlink their Regal Crown Club Loyalty account for rewards.

“This thrilling partnership allows us to simply and seamlessly settle for virtual currencies – together with Dogecoin, stablecoins and Bitcoin – throughout our theatre footprint in a easy and entirely contactless method, offering our visitors with the versatility and protection they deserve as we embark on a brand new technology,” mentioned Ken Thewes, Chief Marketing Officer, Regal Cinemas.

Meanwhile, Trevor Filter, co-founder of Flexa mentioned, “We’re more than happy to spouse with Regal as we paintings to permit common virtual foreign money cost choices for motion pictures and extra, and assist convey the way forward for bills to cinema.”

Regal Cinemas is carefully apeing its competitor AMC. Earlier this month, the meme inventory theatre chain introduced that moviegoers may pay on-line in cryptocurrencies for Bitcoin, Ether, Bitcoin Cash, and Litecoin, including that Dogecoin and Shiba Inu had been subsequent so as.

Interested in cryptocurrency? We talk about all issues crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is to be had on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and anyplace you get your podcasts.

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