Regal Cinemas, a well-known movie theatre chain in the United States, has partnered with digital payments firm Flexa to take Bitcoin, Dogecoin, Litecoin, and Ether, among other cryptocurrencies, for movie tickets and snacks. The firm will accept payments in digital tokens such as Basic Attention Token (BAT) in addition to cryptocurrencies.
Regal will provide viewers a more diversified selection of digital currencies and tokens to pick from while purchasing, as opposed to AMC, which made a similar statement earlier this month.
Regal claims that its relationship with Flexa would enable quick payments utilizing cryptocurrencies such as Bitcoin, Ether, Litecoin, and Dogecoin. It will also take digital currencies and stablecoins such as the USD Coin, Dai, and Gemini dollar. LINK, ATOM, and BAT are among the digital tokens that are accepted. This will be available across all 6,885 screens at 514 Regal Cinemas across 42 US states.
Visitors may link their Regal Crown Club Loyalty account for rewards when paying with Flexa apps at Regal. “This exciting partnership enables us to accept digital currencies – such as 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, Regal Cinemas’ Chief Marketing Officer.
“We’re ecstatic to be partnering with Regal as we work to provide universal digital currency payment options for movies and more, and to help usher in the future of payments to the theatre,” says the company.
Regal Cinemas is following in the footsteps of its rival AMC. The meme stock movie theatre company revealed earlier last month that moviegoers will be able to pay for tickets online using cryptocurrencies such as Bitcoin, Ether, Bitcoin Cash, and Litecoin, with Dogecoin and Shiba Inu to follow.