THELOGICALINDIAN - Regal Cinemas has now followed the aisle laid out by battling AMC Theaters and has amorphous accepting crypto such as Bitcoin and Dogecoin for tickets and concessions AMC had fabricated account back it became the aboriginal above cinema alternation to acquire crypto payments for tickets and concessions in accession to accepting crypto for things such as allowance cards It had taken the aggregation a brace of months but it had assuredly become a absoluteness in November back crypto payments were absolutely chip into AMC
Not absent to be larboard behind, Regal Cinemas has taken the aforementioned aisle as AMC. The success that AMC Theaters has recorded with crypto payments has prompted others to chase in its footsteps.
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Accepting Bitcoin, Dogecoin & Others
In a press release, Regal Cinemas appear that movie-goes would not be able to pay with a advanced array of cryptocurrencies at all of their locations. The cinema alternation boasts added than 7,000 screens in over 500 theaters and has locations in 46 states, including D.C. This is to accredit adaptability for its users back advantageous for things like cine tickets and concessions.
The advertisement listed over ten cryptocurrencies that would be accustomed at all of its locations nationwide. Top cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, and Litecoin topped the list. Alongside agenda dollars and abiding bill like USDC, DAI, and Gemini dollar. Agenda tokens were not larboard out of the mix as LINK, ATOM, BAT, and others were additionally actuality accustomed by the amphitheater chain.
Crypto acceptance is on the acceleration as added companies jump on the payments train. Accepting cryptocurrencies allows for fast, efficient, and burning payments, accompanying affairs in added barter for the companies.
Partnering Up With Regal
In the account that went out on Tuesday, Regal Cinemas appear a affiliation with Flexa, a arch agenda payments network, to accredit it to acquire crypto payments. The affiliation with Flexa will accredit the affairs to be agitated out in a “safe, reliable, and trusted way.” The payments arrangement will additionally accommodate aegis adjoin things such as artifice and accredit Regal to calmly accommodate crypto payments into its platform.
“This agitative affiliation enables us to calmly and seamlessly acquire agenda currencies – including dogecoin, stablecoins, and bitcoin – beyond our theatre brand in a simple and absolutely contactless way, accouterment our guests with the adaptability and assurance they deserve as we commence on a new era,” said Ken Thewes, Chief Marketing Officer at Regal.
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Trevor Filter, Co-Founder of Flexa, bidding achievement with the affiliation as it brings the payments processor addition footfall afterpiece to enabling agenda bill payments beyond the globe.
“Flexa is committed to allowance merchants accredit easier, faster, and safer acquittal options for their customers, and that’s aloof one of the affidavit we’re abundantly appreciative to assignment with Regal, whose adherence to creating an agreeable and broadly attainable accurate acquaintance for their loyal assemblage is additional to none,” Filter said.
