Friday, March 29, 2024
HomeTechnologyDubai-based Manor Hotel teams up with Binance to offer crypto payment

Dubai-based Manor Hotel teams up with Binance to offer crypto payment

Dubai based Manor Hotel by JA joins Binance-managed payment gateway to allow guests to do payment in crypto.

Dubai-based Manor Hotel by JA teamed up with Binance to establish a crypto payment gateway that can be accessible via the hotel’s website. Users may book accommodations and pay for services using Binance Coin (BNB), bitcoin (BTC), and Ethereum. The gateway payment will be available through The Manor’s official website, with rigorous security measures in place to safeguard the interests of guests and company owners equally. 

Manor Hotel’s Managing Partner Mohammed Hanif Al Qassim remarked:

“Virtual assets go in line with The Manor’s vision for sustainability and digital transformation, considering its position among top eco-friendly boutique hotels in Dubai.” 

Richard Teng, Regional Head of Binance in the Middle East and North Africa (MENA) also stated:

“Binance has been actively engaging established local businesses and institutions to further increase the adoption of crypto for our users and the crypto community as a whole. Our partnership with leading, innovative businesses, such as JA are in line with our vision to enhance crypto adoption across the region.” 

In recent months, there has been an increase in the adoption of cryptocurrencies as a form of payment for goods. EuroSports Global, a Singapore-based luxury and supercar dealer, began collecting digital assets for Lamborghini and Alfa Romeo vehicles in April. The firm teamed with FomoPay to accept BTC, ETH, Tether (USDT), and USD Coin(USDC) crypto payments.

In addition, BitPay has teamed with AMC Theatres to let customers buy tickets using Dogecoin (DOGE). Since August, the world’s largest theatre chain has accepted bitcoin and Ethereum payments through PayPal. Non-fungible tokens (NFTs) are being used by certain hotels to prevent keeping superfluous inventory if a passenger cancels their reservation close to the booking rate.

Read more:

Vaishali Goel
Vaishali Goel
Technology enthusiast, explorer and academic scholar. Currently exploring the crypto world. Join me in my journey to see how crypto, NFT and Metaverse will change the world.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

one × 1 =

- Advertisment -

Most Popular