Crypto.com strikes travel payments deal with Emirates airline
Main Idea
Emirates has partnered with Crypto.com to integrate digital payments into its services, starting with Crypto.com Pay, as part of expanding real-world use cases for crypto payments.
Key Points
1. Emirates signed a Memorandum of Understanding (MoU) with Crypto.com to integrate digital payments into its services.
2. The rollout will begin with Crypto.com Pay, allowing customers to use crypto for transactions.
3. The agreement was formalized in Dubai, witnessed by Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline & Group.
4. Emirates and Crypto.com will encourage adoption of this new payment solution, potentially making Emirates one of the first major airlines to accept crypto payments.
5. This partnership builds on Emirates' earlier interest in crypto payments, including plans to accept Bitcoin (BTC) in 2022.
Description
The airline is teaming up with the crypto exchange to introduce crypto payments in travel, aiming to meet growing customer demand for digital asset options. According to a July 9 announcement , Emirates has signed a Memorandum of Understanding (MoU) with Crypto.com to integrate digital payments into its services. The rollout will begin with Crypto.com Pay, allowing customers to use cryptocurrency as a payment option for flights and other transactions. The agreement was formalized in Dubai, witne...
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