Global Payments Leader Partners with Digital Payments Network to Facilitate Cryptocurrency Retailer Transactions That Include Popular Coin Dogecoin.

What happened: INComm payments is in partnership with Flexa, the first purely digital payment network to offer business partners a transparent way to accept digital currencies. Flexa supports transactions with a zero fraud guarantee.

Cryptocurrencies that Flexa can help facilitate transactions with include Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Litecoin (CRYPTO: LTOC), Dogecoin (CRYPTO: DOGE) and Zcash (CRYPTO: ZEC).

InComm Payments is a leader in alternative payments with more than 500,000 retail distribution points. InComm’s partner merchants will be able to accept digital currencies using its existing point-of-sale hardware and software. InComm is present in more than 30 countries around the world.

Settlement of transactions will be in US dollars of the cryptocurrency of the retailer’s choice at no additional cost.

“As digital currencies gain popularity and rapidly gain adoption by consumers, it is crucial for retailers to follow a wide range of payment options,»Stefan Happ, President of InComm Payments mentionned.

See also: How to buy Dogecoin

Why this is important: The deal between Incomm and Flexa could increase the number of retailers allowing customers to use cryptocurrency to make purchases.

“500,000 additional distribution points around the world will soon be able to accept $ DOGE”, Dogecoin founder Billy Markus tweeted.

InComm and Flexa will provide consumers around the world with “meaningful and extensive utility for their digital currency holdings,” according to the press release.

“By integrating with Flexa’s complete solution for digital currency acceptance, we are helping unlock powerful consumer spending opportunities for brands and further enrich the consumer experience,” Happ said.

Flexa has more than 41,000 locations in the United States and Canada where customers can make purchases. This includes retailers like GameStop Corp. (NYSE: GME), Nordstrom, Inc. (NYSE: JWN), Petco Health and Wellness Company Inc (NASDAQ: WOOF) and Lowe’s Companies Inc (NYSE: LOW).

Flexa SPEDN application gives users the ability to scan a QR code and complete a transaction using their Flexa account balance to pay with numerous options at checkout.

InComm and Flexa said they “look forward to sharing more details” on which retail partners will adopt the technology in the coming months.

InComm website lists more than 1,000 partner brands and more than 850 million cards managed each year. The company has an annual transaction value of over $ 50 billion.

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