At Flexa, we believe that the best way for global commerce to become more efficient and accessible is by making cryptocurrency spendable everywhere.
With cryptocurrency transactions exceeding 20 billion USD each day,1 it’s simply a matter of time before digital commodities become a central part of global commerce. And yet, cryptocurrency’s collective value of 0.25– 0.5 trillion USD2 remains practically unusable in physical retail.
Considering that 90.9 percent of retail sales in the US still take place offline, brick-and-mortar payments are the primary hurdle in realizing the true utility of cryptocurrencies. Furthermore, widespread retail acceptance of cryptocurrency is critical for its sustainable value.
The solution to blockchain payments
We have developed the Flexa network as an open standard that enables instant cryptocurrency payments in stores and online. This new network is designed to act as an intermediary between merchants and the blockchain, offering them inexpensive and fraud-resistant transactions without volatility exposure. Flexa enables consumers to pay with their preferred cryptocurrency while preserving their freedom, security, and data privacy. And, Flexa doesn’t require any physical cards or merchant point-of-sale upgrades.
Flexa was developed from decades of experience in fintech, retail, and payments. Today, Flexa features many high-profile merchants on its platform, the launch of which marks the first real instance of a decentralized, global payment network with the power to make commerce more efficient and accessible for billions of people.Flexa coin whitepaper