New Payment Option Available at 750 Convenience Store Locations—No Cash, No Card
According to The Sun , Convenience store giant Sheetz is making waves in the digital currency space by expanding its cryptocurrency payment options to all 750-plus locations. After testing the waters in 2021, Sheetz has fully embraced the growing trend, allowing customers to pay for items such as snacks, gas, and coffee using Bitcoin, Ethereum, and other popular digital currencies.
The move comes in response to the increasing popularity of alternative currencies, particularly among younger consumers who favor the flexibility and security of digital payments. Sheetz’s executive vice president of Marketing and Supply Chain, Ryan Sheetz, expressed excitement about the shift: “We’ve always been committed to giving our customers more payment options. We’re excited to make digital currency payments available at all our stores and to meet the growing interest in stablecoins among our customers.”
Based in Pennsylvania, Sheetz operates hundreds of stores across West Virginia, Virginia, Maryland, Ohio, and North Carolina. The new crypto payment option was made possible through a partnership with digital payment company Flexa, which was announced last week.
To encourage adoption, Sheetz is offering a $20 discount on customers’ first cryptocurrency transaction. Plus, the new payment method is compatible with Sheetz’s popular loyalty program, My Sheetz Rewards, allowing crypto users to accumulate points for discounts on future purchases.
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While digital currencies aren’t yet common in convenience stores, Sheetz joins a growing list of retailers embracing the future of payments. Other stores, like Jacksons Food Stores and GetGo Cafe + Market, have installed crypto ATMs, allowing customers to add digital coins to their wallets. Meanwhile, chains like 7-Eleven, QuikTrip, and Wawa have ventured into non-fungible tokens (NFTs), another blockchain-based asset.
Although the cryptocurrency craze peaked in 2021, the technology remains a major player in the evolving landscape of how society handles money. Sheetz’s decision to accept digital currencies marks another significant step in mainstreaming crypto payments.
