American movie theater chain Regal Cinemas has partnered with payments network Flexa to bring instant and risk-free cryptocurrency payments for moviegoers worldwide.

By using the Flexa network, Regal can accept cryptocurrency payments. Furthermore, due to its “guaranteed settlement, flexible integration options and fraud-proof architecture” backed and collateralized by the network’s native token, AMP.

Through the partnership with Flexa, Regal is enabling instant payments using an array of leading cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE).

Stable coins such as USD Coin (USDC), Dai (DAI). Other altcoins such as Chainlink (LINK), Cosmos (ATOM), and Basic Attention Token (BAT).

Flexa is also working closely with Regal to enable better payments for “as many different assets and across as many different protocols” as possible, including the Lightning Network for faster Bitcoin payments.

Regal Cinemas – a subsidiary of the UK-based Cineworld Group – is one of the largest theatre chains in the US, boasting 7,000 screens across more than 500 theatres nationwide. According to the cinema chain, patrons visiting movie theatres can “easily pay for movie tickets, popcorn, and more using a wide variety of digital currencies” on an instant basis and “with zero risk of fraud.”

It added that introducing and adopting digital currencies for payment in its theatres can offer “more convenience and choice for moviegoers than ever before.” Regal also revealed that patrons paying with Flexa-enabled apps will soon have the option to link their Regal loyalty account for “special rewards.”

Ken Thewes, Chief Marketing Officer at Regal, said Regal remains committed to making itself ‘The Best Place to Watch a Movie, and expanded further on the partnership with Flexa.

“As more of our customers demand digital asset solutions and safer payment methods, we are grateful to have found a partner in Flexa, a company that is revolutionizing digital payments with cutting-edge software and an innovative business platform,” he said.
“This exciting partnership enables us to efficiently and seamlessly accept digital currencies–including Dogecoin, stable coins.

And Bitcoin –across our theatre footprint in a simple and utterly contactless way, providing our guests with the flexibility and safety they deserve as we embark on a new era.”