Payment startup Flexa has released its brand new app where costumers can spend cryptocurrencies at some of the largest American retailers!

The app was released at Consensus in New York along with the retailers you are able to spend your currencies at, which include Barnes and Noble, Bed Bath and Beyond, Gamestop, Lowe’s, Nordstrom, Office Depot and Whole Food Markets are the first to accept payments via the Flexa network.

Transactions on the network can be made in three steps, adding crypto to the spend wallet, tapping a supported brand and scanning a transaction code.

The currencies that are currently supported on the network are, Bitcoin, Ethereum, Bitcoin Cash, and the Gemini Dollar.

The Flexa project has been built and designed to reduce fees for merchants and eliminate fraud for retailers. The Flexa team opted for adding cryptocurrencies to their wallet/app rather than adding cryptocurrency options to existing debit cards, forging direct connections with retailers in order to go around the existing payments infrastructure.

The application itself from Flexa is only available currently to Consensus attendees, but a public rollout will soon be imminent.

The Flexa project is going to very popular among retailers with Visa and MasterCard raising their fees and holding retails at ransom, Cryptocurrencies appear to be the way forward for cheaper fees and safer transactions.