Dubai hotel now allows crypto payment via Binance’s gateway

    31 May 2022

    Following Binance’s launch of a crypto-to-crypto payment gateway for hotels, the Manor by JA, located at Al Furjan, will allow guests to pay using cryptocurrency, according to a statement.

    Now, the gateway is accessible through The Manor’s official website with strict security measures to protect customers. Payments are facilitated by cryptocurrency exchange Binance. The crypto-to-crypto gateway to support virtual assets like BNB, Bitcoin, and Ethereum, Gulf News reported.

    “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,” Managing Partner of The Manor Hotel Mohammed Hanif Al Qassim said.

    “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,” Richard Teng, Binance’s Regional Head of MENA, added.

    Recently, more businesses in the services sector have been adding the option to pay through cryptos. As the regulatory framework is put in place, some F&B outlets in the UAE are starting to take payments in cryptocurrencies as the sector takes to cutting-edge tech and smart payments. According to Oracle survey, 6% of UAE consumers are okay with paying in a restaurant with crypto.

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