UAE airlines sign a memorandum of understanding with Crypto.com to integrate the encryption payment star-news.press/wp
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Evolution journalist
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Emirates Airlines has made a partnership with Crypto.com to explore the driving solutions of the cryptocurrency through the Dubai Travel Environmental System.
Dubai Fell A memorandum of understanding with global encryption exchange to enable digital asset payments in both material stores and online platforms, and targeting millions of international travelers passing through Dubai International Airport.
With this agreement, Dubai becomes a pioneer in the field of travel that supports encryption, and is in line with the agenda of the Emirate D33 to enhance its position as a global center for innovation and pioneer in smart economies.
HH Sheikh Ahmed bin Saeed Al -Maktoum, Chairman of the Civil Aviation Authority in Dubai, and CEO of Emirates Airlines, stressed that the partnership is “”A promising step towards our common ambition to transfer travel and tradeBy exploring advanced digital payment solutions that enhance the experiences of the traveler from reservation to retail sale.
Strategic partnership details: Millions of users can now pay Crypto
Ramish Sidambi, Managing Director of Dubai Services Company, and Mohamed Al -Hakim, Head of UAE Operations at Crypto.com, clarified the partnership at the UAE headquarters in the presence of Sheikh Ahmed bin Saad Al Maktoum.
In addition to the integration of payment, the Memorandum of Understanding includes strategic cooperation, including joint marketing campaigns and customer participation programs, designed to benefit from the strength of both organizations.
“The Memorandum of Understanding confirms our commitment to innovation and providing more comfort and choice for our customersCidambi, with an emphasis on how to add this encryption payment to a large base of diverse international customers in Dubai Free.
Eric Anziani, head and director of operations at Crypto.com, shared a similar excitement. He highlighted the role of the partnership in expanding cases of daily encryption, saying it would feel.Bringing a real momentum for the digital asset industryWith the enabled the two companies to provide real innovative financing solutions.
Dubai for free fees aims to provide a strong basis for implementing encryption payments, driven by its strong financial performance during the first half of 2025, in turn of 4.118 billion dirhams (1.128 billion US dollars), which represents an increase of 5.34 % on an annual basis.
Cooperation depends on the company’s history of adopting advanced payment technologies, as it was previously combined with solutions such as Alipay and Terrapay to create a ready -made ecosystem for global retail trade.
Both parties will now start feasibility and detailed studies to implement encryption solutions and offer cooperative initiatives under the agreement.
The growing momentum in the adoption of global encryption
The integration of encryption in Dubai Duty Free complements the digital transformation strategy in the United Arab Emirates, which has already resulted in a successful partnership with Crypto.com for government service payments and the Islamic Bank in Dubai for products compatible with Sharia.
The timing coincides with the growing global momentum of travel encryption payments, as it is clear from the last Potan’s implementation of the tourism payment system at the national level in partnership with Binance Pay.
Dubai organizational clarity and pro -profit stance attracts companies amid the strict MICA regulations in the European Union, which prompted encryption companies to search for more appropriate judicial states.
The vision of the United Arab Emirates to achieve 90 % non -monetary transactions by 2026, as shown in its non -cash strategy, creates an ideal environment for adopting encrypted currency payments.
Government officials estimate that the transmission of digital payment can add at least 8 billion dirhams to the local economy.
However, security concerns are still a great obstacle to adopting the payment of the encoded currency on a large scale, where 37 % of users are martyred in breakthroughs and fraud as basic obstacles, according to recent industry research.
Since Durie Free serves millions of international travelers annually, the partnership may increase the acceleration of the prevailing cryptocurrency by showing daily practical use that exceeds current applications.
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2025-07-09 11:38:00
