Pallapay offers crypto POS machines to accept crypto payments in the UAE

    07 Jun 2022

    Pallapay, a global company that offers crypto exchange services, announced the launch of its Crypto POS Machine service in Dubai, which allows its clients to accept crypto payments without owning crypto. Pallapay’s clients now can accept payments in Bitcoin, Tether, USDC, Tron, and Palla Token directly into their fiat bank accounts in AED, USD, Euro, and GBP.

    Although cryptocurrencies are receiving a mixed reception worldwide, Dubai is doubling down on its efforts to place itself at the cutting edge of blockchain technology.

    Now, hotels, restaurants, and shops in Dubai may use Pallapay’s Crypto POS Machine to charge customers in crypto and get cash in their bank accounts. The cryptocurrency POS machine supports Bitcoin, USDT (Tether) in ERC20 and TRC20, USDC in TRC20, Ethereum, Tron, Palla Token TRC20, and many more.

    With Pallapay POS System, one never needs to touch cryptocurrency, as the press release states. Pallapay’s clients now can accept cryptocurrency and receive fiat payments directly into their bank accounts in AED, USD, Euro, and GBP.

    Recently, Pallapay opened its Bitcoin shop in the center of Dubai, where clients cloud to trade Bitcoin for cash.

    Also, Pallapay has announced the development of its new services, which will soon offer to buy and sell USDT, Bitcoin, Ethereum, and 200+ cryptocurrencies with сash in Dubai.

    Since 2015, Pallapay has been used by thousands of users to trade cryptocurrency for cash in Dubai, including the most popular Bitcoin, USDT, and Ethereum.

    The agency has garnered several awards, including one from the major Crypto Expo in Dubai. Pallapay is currently active in Dubai, the United States, Singapore, and Istanbul.

    As reported earlier, UAE’s shopping conglomerate Majid Al Futtaim (MAF) has partnered with crypto exchange and blockchain infrastructure provider Binance to provide crypto payments and harness Web3 technologies to future-proof its business. The deal will allow customers to purchase with crypto at MAF’s businesses.

    The agreement will see the two cooperate on a number of blockchain projects, including listings of NFTs on Binance’s marketplace, the creation of a digital wallet infrastructure to hold virtual assets from multiple platforms, and the integration of Binance Pay – allowing customers to purchase with virtual assets at MAF’s various destinations.

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