Emirates Airlines plans to accept crypto payments through Crypto.com

Emirates Airlines has utilized Crypto.com’s Pay solution, enabling its customers to use it via its website and application, with transactions processed in compliance with UAE regulatory standards.

Crypto.com Pay™ is available to eligible UAE residents for bookings priced and settled in UAE fiat currency, the AED. Earlier this year, Crypto.com, through its UAE entity, Foris DAX Middle East FZE, received a Stored Value Facilities (SVF) license from the Central Bank of the UAE, allowing it to offer crypto payments in the UAE.

Adnan Kazim, Emirates Airlines Deputy President and Chief Commercial Officer, noted that this initiative expands their commitment to customer choice in how they pay for travel, reflecting the preferences of a younger generation who use their phones.

He stated, “Moving from signature to launch with Crypto.com in under a year is a credit to both teams and to a regulatory environment that makes this kind of innovation possible, reflecting the UAE’s and Dubai’s ambition to lead in fintech and the digital economy.”

… Continue reading the full article at the original source below.