- Palazzo Versace Dubai is now accepting bitcoin for goods and services in the UAE.
- Customers can pay for events, spa experiences, and other services on site with the Binance app.
- The resort plans to launch online payment integration for bitcoin in the near future.
Palazzo Versace Dubai, a luxury resort in the United Arab Emirates (UAE), is now accepting bitcoin and some cryptocurrencies as payment for services, per a press release.
The resort has partnered with Binance, the world’s largest cryptocurrency exchange, enabling its customers to pay with bitcoin. Starting September 7, customers have been able to use bitcoin to pay for room stays, restaurants, meetings, events and spa experiences. All guests now have the option to pay at the property using the Binance app.
“We continue to be the pioneers of innovation and growth in the hospitality business,” said Monther Darwish, managing director of Palazzo Versace, per the release. “Accepting cryptocurrencies as payments is yet another innovative step that we have taken towards making our business future-ready”.
The next phase of the launch will see the resort tackle online payments integration and is expected “soon after”. Following the integration, Palazzo will accept the new form of payment through its e-commerce platform, which also enables customers to purchase gift cards and browse its flower shop.
Palazzo’s acceptance of bitcoin comes on the heels of financial institutions like FTX exchange and Komainu entering Dubai as the region attempts to become a hub for digital innovation.
“Palazzo Versace’s ability to now accept payments in virtual assets is a reflection of how the hospitality industry in Dubai is at the forefront of innovation as we move into a more digital world,” said Nadeem Ladki, head of business development for Binance in the region.
“Payments is just the beginning and we look forward to building on this partnership together,” Ladki concluded.
Credit: Source link
Bitcoin 
Ethereum 
Tether 
Solana 
BNB 
XRP 
Dogecoin 
USDC 
Lido Staked Ether 
Cardano 
TRON 
Shiba Inu 
Avalanche 
Wrapped Bitcoin 
Wrapped stETH 
Toncoin 
Sui 
Bitcoin Cash 
WETH 
Chainlink 
Polkadot 
Pepe 
Stellar 
LEO Token 
NEAR Protocol 
Litecoin 
Aptos 
Wrapped eETH 
Uniswap 
Cronos 
USDS 
Hedera 
Internet Computer 
Ethereum Classic 
Bonk 
Render 
Bittensor 
Kaspa 
Ethena USDe 
POL (ex-MATIC) 
WhiteBIT Coin 
Dai 
MANTRA 
Artificial Superintelligence Alliance 
dogwifhat 
Arbitrum 
Monero 
Stacks 
Filecoin 
OKB 
