Creative Zone, UAE’s company formation firm, accepts crypto payments

    14 Nov 2021
    284 Views

    Slow invoicing processes causing cash flow problems are concerning businesses. To resolve these delays, Creative Zone, the large business-advisory company in the UAE that has served over 45,000 entrepreneurs, chose crypto invoicing through TripleA, realizing the benefits of the decentralized currency.

    TripleA’s crypto invoicing tool bridges the gap between companies who accept crypto and customers who pay in crypto. Nothing changes for companies; they send invoices to customers, who make the payments using crypto. Companies do not need to manage crypto wallets as settlements are made in the local fiat currency. Moreover, TripleA’s merchant dashboard makes accountancy easy thanks to its transaction history and downloadable reports.

    “Transacting with crypto, a global currency that is virtually instant is ideal for corporate use. Cryptocurrency invoicing enables our clients to pay in multiple cryptocurrencies,” said Lorenzo Jooris, Creative Zone CEO. “And we get to settle in the local currency we want to receive. The intuitive crypto invoice generator simplifies and speeds up invoicing processes, saving time and resources to serve our clients’ best interests.”

    For business nowadays, corporate secretarial services have become cross-border. According to a survey, five out of ten UAE citizens said they plan to use cryptocurrencies within the next year.  With a new payment method through crypto invoicing, companies can receive payments faster, reassuring better payment processes and more effective cash flow management.

    “We are very positive about this collaboration with Creative Zone as they are the most trusted business advisory firm in the UAE,” said Eric Barbier, Founder of TripleA. “Entrepreneurs working with Creative Zone would gain exposure to cryptocurrency and leverage cryptocurrency payments to improve their payment processes and grow their business.”

    This September, the UAE’s Securities and Commodities Authority (SCA) signed an agreement with the Dubai World Trade Centre Authority (DWTCA) to support cryptocurrency trading in DWTA’s Free Zone. With the government’s support of blockchain technology, Creative Zone’s introducing crypto invoicing to its clients as an innovative approach to traditional invoicing.

    Leave a Reply

    Your email address will not be published. Required fields are marked *