Quick News Bit

Regal Cinemas Will Now Let You Pay for Tickets in Cryptocurrency


Regal Cinemas, a popular movie theatre chain in the US, has joined hands with digital payments 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 accept payments in digital tokens too like Basic Attention Token (BAT), among others. The theatre chain follows AMC, which made a similar announcement earlier this month, although Regal will offer users a more varied array of digital coins and tokens to choose from, while paying.

Through its partnership with Flexa, Regal said it’s enabling instant payments using cryptocurrencies including Bitcoin, Ether, Litecoin and Dogecoin. It will also accept digital dollars and stablecoins including USD Coin, Dai, and Gemini dollar. Digital tokens including LINK, ATOM, and BAT are also accepted. This will be available at Regal Cinemas in 42 US states, across all 6,885 screens in 514 theatres. When customers pay at Regal with Flexa apps, guests will be able to link their Regal Crown Club Loyalty account for rewards.

“This exciting partnership enables us to easily and seamlessly accept digital currencies – including Dogecoin, stablecoins and Bitcoin – across our theatre footprint in a simple and completely contactless way, providing our guests with the flexibility and safety they deserve as we embark on a new era,” said Ken Thewes, Chief Marketing Officer, Regal Cinemas.

Meanwhile, Trevor Filter, co-founder of Flexa said, “We’re very pleased 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 cinema.”

Regal Cinemas is closely apeing its competitor AMC. Earlier this month, the meme stock theatre chain announced that moviegoers could pay online in cryptocurrencies for Bitcoin, Ether, Bitcoin Cash, and Litecoin, adding that Dogecoin and Shiba Inu were 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.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment