Established US Company Enters Crypto Payments Era in Its 110th Year

Established US Company Enters Crypto Payments Era in Its 110th Year

Bealls, a well-established US retail chain, has begun accepting crypto payments. Founded in Florida in 1915, the company can now accept payments in more than 99 cryptocurrencies thanks to its partnership with digital payment platform Flexa. This move coincides with Bealls' 110th anniversary and represents a new step in the integration of crypto into daily life in the retail sector.

Bealls to Accept Crypto Payments with Flexa

Thanks to the integration with Flexa, Bealls has integrated the Flexa Payments system into its stores. This system allows payments with popular cryptocurrencies such as Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu, as well as various stablecoins. Furthermore, users can conduct transactions through over 300 digital wallets. The company announced that this system will be available in all Bealls, Bealls Florida, and Home Centric stores. Bealls CEO Matt Beall emphasized in a statement that crypto payments are not just innovation but also preparation for the future: “Our partnership with Flexa is about more than just taking payments; it's about preparing for the future of commerce. Our company has kept pace with changing customer expectations for 110 years, and this takes us a step forward.”

Flexa co-founder Trevor Filter described Bealls' move as “a milestone in retail history.” Filter said, “Bealls’ 110-year legacy is extraordinary. It’s no surprise that such a long-established brand would embrace the most significant payment technology evolution the world has ever seen.”

Interest in crypto payments is growing. According to a study by Carat Global Platform, 16% of Americans have made at least one purchase with crypto. More than half of respondents said they would like to use crypto for online payments, while one-third said they also prefer to pay with crypto in brick-and-mortar stores. However, 25% of users stated that the limited number of businesses accepting crypto is limiting its adoption. Meanwhile, according to early 2025 data, 65 million American adults, or approximately 28% of the country's population, own cryptocurrencies. This rate suggests that crypto assets are no longer viewed solely as investment vehicles but also as a spendable currency. Bealls joins major brands like Shopify, AMC, and Whole Foods that have embraced crypto payments. This move strengthens the company's efforts to make crypto an "everyday spending tool" in the US retail sector. More chain stores are expected to adopt similar systems in the future. Bealls has launched this application in 660 of its stores, marking one of the most comprehensive in-store crypto payment integrations in the US.

#bealls#us#us crypto#crypto#crypto payments
CalendarPublish Date
22 Oct 2025
CategoryCategory
Reading timeReading Time
2 Minutes
AuthorAuthor Name
JrKripto
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