{"id":382062,"date":"2019-05-14T14:07:33","date_gmt":"2019-05-14T14:07:33","guid":{"rendered":"https:\/\/wncen.com\/?p=382062"},"modified":"2019-05-14T14:07:33","modified_gmt":"2019-05-14T14:07:33","slug":"major-retailers-like-whole-foods-accept-bitcoin-is-this-enough-to-convince-no-coiners","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/major-retailers-like-whole-foods-accept-bitcoin-is-this-enough-to-convince-no-coiners\/","title":{"rendered":"Major Retailers Like Whole Foods Accept Bitcoin, Is This Enough To Convince No-Coiners?"},"content":{"rendered":"

From today, US customers have the option of paying at 15 major retailers with bitcoin. This is made possible through a partnership with payment provider Flexa, with their SPEDN app, and Gemini exchange. But does this have enough mass appeal to lure no-coiners?<\/p>\n

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The Flexa Network<\/h3>\n

Flexa<\/a> co-founder and CEO, Tyler Spalding<\/a> launched the company in February 2018, along with Trevor Filter<\/a> and Zachary Kilgore<\/a>, who were former colleagues at Raise, the gift card buyback company.<\/p>\n

Their goal was to develop an industry disrupting payment infrastructure, with a view to improving crypto usability. And having earned the moniker “crypto Stripe,” it’s clear Flexa have made significant inroads in this respect.<\/p>\n

According to their Medium<\/a> post, the network is a bespoke design that will cut processing cost, eliminate fraud, and preserve your privacy:<\/p>\n

“So, instead of bolting cryptocurrency payments on top of debit cards, we took the opposite approach. Over the past year, we\u2019ve built new connections with tens of thousands of merchant point-of-sale terminals nationwide, to bypass the existing payments infrastructure and push cryptocurrency-based payment authorizations directly to merchants on your behalf.”<\/p><\/blockquote>\n

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The Flexa network is open for business: https:\/\/t.co\/aieW8ZezmU<\/a><\/p>\n

— Flexa (@FlexaHQ) May 13, 2019<\/a><\/p><\/blockquote>\n