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Bealls Adopts Crypto Payments Through Flexa to Expand Customer Payment Options

Highlights:

  • Bealls has adopted crypto payments through Flexa to allow customers to use digital currencies in its stores.
  • The store has strengthened retail payments for its customers in its 660 stores.
  • The move has expanded payment options by enabling quick and secure crypto transactions.

Bealls, a century-old U.S. retail corporation, has started accepting cryptocurrency payments across its stores. The company partnered with Flexa to integrate crypto transactions into its payment systems. The move allows customers to pay using more than 99 cryptocurrencies, including Bitcoin, Ethereum, Solana, USDT, and USDC. Buyers can complete payments through over 300 supported digital wallets, including Coinbase and MetaMask.

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The rollout covers 660 stores across 22 states under Bealls, Bealls Florida, and Home Centric. The company made the announcement as it marked its 110th anniversary. Bealls stated that the integration aims to support its long-term innovation goals and prepare for future payment models. According to the company, this initiative represents one of the largest retail crypto payment integrations in the U.S.

Matt Beall, Chairman and CEO of Bealls, said the company wants to continue innovating for the next century. He added that cryptocurrencies will reshape how people transact and that the partnership with Flexa is a step toward modernizing retail payments. The company believes digital currencies will bring more options and speed to its customers.

Bealls Adopts Crypto Payments Through Flexa to Expand Access

The Flexa technology allows Bealls to take instant and safe crypto payments at the stores. Customers can easily use memecoins and stablecoins as the system validates transactions in real time. Trevor Filter, a cofounder of Flexa, referred to crypto payments as a significant technological change in the global payments system. He said that retailers adopting crypto are setting a new standard for speed and transparency.

Several other firms have also embraced similar payment models. Shopify now allows merchants to accept USDC stablecoin payments directly through Shopify Payments. Opendoor, one of the largest U.S. real estate platforms, will accept Bitcoin and other cryptocurrencies to purchase a home. These actions show the growing adoption of digital assets in various industries.

Emirates, which is among the most successful airlines in the world, has signed an MOU with Crypto.com to implement Crypto.com Pay by the close of 2025. The partnership contributes to the vision of Dubai to become a digital financial innovation hub. Similarly, Blue Origin announced that it will accept Bitcoin, Ethereum, Solana, USDT, and USDC for its New Shepard suborbital flights. Travelers can use Shift4 Payments to complete bookings securely using digital wallets like Coinbase and MetaMask.

A report from the Carat Global Platform revealed that 16% of Americans have used crypto for purchases. 50% noted that they would rather make online payments with crypto, and a third said they would like to use it at stores. Nevertheless, a quarter of users identified restricted merchant acceptance as the primary obstacle to broader use.

Growing Retail Shift Toward Digital Currencies

The number of U.S. adults holding cryptocurrencies continues to grow rapidly. About 65 million Americans, or nearly 28% of adults, now own digital assets. Retailers are also adapting to this need by increasing payment options and integrating blockchain-based technology. These developments are creating a new retail environment that is centered on quicker, safer, and more adaptable transactions.

In the meantime, the U.S. Federal Reserve is scheduled to hold a payments innovation conference in Washington, D.C. The summit will unite global leaders in the industry and government to talk about the transformative effect of digital assets, tokenization, and AI on global payments.

The decision of Bealls to embrace cryptocurrencies is another move toward the integration of traditional retail and contemporary digital finance. The growth of crypto payments demonstrates how crypto is stepping out of niche applications and into mainstream trade.

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