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US-based Convenience Store Chain Added Crypto to List of Accepted Payment Options

By Natalie Wu | May 29, 2021
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Mid-Atlantic convenience store Sheetz is reportedly going to add Bitcoin and crypto to its current list of viable payment measures, throughout its outlets. 

Specifically, the convenience store chain reportedly disclosed details of its collaboration with digital payments entity Flexa, in a bid to allow for crypto-enabled payments for its customers when purchasing products. 

Particularly, Sheetz reportedly revealed that the option for crypto will be rolled out for in-store merchandise and gas pumps, throughout more than 600 existing outlets, located in Pennsylvania, Ohio, Maryland, Virginia, North Carolina, and West Virginia.

The virtual coins that can be used with the newly accepted payment measure reportedly include Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Dogecoin (DOGE), among others.

The initiative to enable crypto adoption of the firm is reportedly also covered within the scope of its business relationship with point-of-sale payment provider NCR.

Aside from making Bitcoin and crypto payment available, Sheetz further looks to make it possible for their customers to establish a connection between their Flexa-enabled payment apps with the firm’s loyalty reward program.

As a matter of fact, crypto is reportedly experiencing a surge in adoption, regarding the rebates and loyalty rewards sector, where virtual currencies are being eyed as an appropriate means of reward for patrons. 

The development from the Sheetz reportedly means that convenience stores have been added to the list of establishments in America that are willing to accept crypto payments. In March this year, luxury hotel brand The Kessler Collection debuted crypto and stable coin payment methods catering to its guests.

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