Regal Cinemas Ropes in Flexa to accept cryptocurrencies as payment for movie tickets, popcorn


Regal Cinemas, a popular movie theater chain in the United States, has partnered with digital payment company Flexa to accept Bitcoin, Dogecoin, Litecoin, and Ether, among other cryptocurrencies for movie tickets and snacks. In addition to crypto coins, the company will also accept payments in digital tokens like the Basic Attention Token (BAT), among others. The movie chain is following AMC, which made a similar announcement earlier this month, though Regal will offer users a more diverse range of digital coins and tokens to choose from, while paying.

Through its partnership with Flexa, Regal said it enables instant payments using cryptocurrencies such as Bitcoin, Ether, Litecoin, and Dogecoin. It will also accept digital dollars and stable coins including USD, Dai and Gemini coins. Digital tokens including LINK, ATOM, and BAT are also accepted. It will be available in Regal theaters in 42 US states, on 6,885 screens in 514 theaters. When customers pay at Regal with the Flexa apps, customers will be able to link their Regal Crown Club loyalty account to earn rewards.

“This exciting partnership allows us to easily and transparently accept digital currencies – including Dogecoin, stablecoins and Bitcoin – across our theater footprint in a simple and completely contactless manner, providing our customers with the the flexibility and security they deserve as we enter a new era, ”said Ken Thewes, Director of Marketing, Regal Cinemas.

Meanwhile, Trevor Filter, co-founder of Flexa, said: “We are very excited to partner with Regal as we work to enable universal digital currency payment options for movies and more, and help bring the future of payments to the cinema. “

Regal Cinemas ape its competitor AMC up close. Earlier this month, the meme movie chain announced that moviegoers can pay online in cryptocurrencies for Bitcoin, Ether, Bitcoin Cash and Litecoin, adding that Dogecoin and Shiba Inu are next in order.

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.


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