SourceLine News & Insights

Sheetz Inc. announced it will begin accepting cryptocurrencies as payment both inside the store and at the dispenser.

Cryptocurrencies are digital or virtual currencies that do not have a physical form like paper money. Because they are secured using cryptography, this digital payment form is practically impossible to counterfeit or double-spend. Cryptocurrency also lowers transaction fees incurred by the retailer accepting it.

Sheetz partnered with digital payments network Flexa to help the retail chain accept digital currency.

Learn more in this CSP Daily News article.