A hotel in Dubai is now accepting crypto by joining Binance’s payment gateway. – Latest News

Manor Hotel by JArecently announced that it will now allow customers to pay with cryptocurrencies. This after joining a payment gateway operated by Binance.

According gulf News, users can use Binance Coin, Bitcoin and Ethereum to book a room and pay for the service via the website. This means that digital currencies are rapidly integrating different sectors and the entire global economy.

Manor is one of the best hotels of Dubai

Cryptocurrencies are seeing increasing adoption by major industry players across the world. JA Manor Hotel now offers a crypto payment option.

the official website of Manor indicates that the gateway complies with security measures to protect the rights of consumers and business owners. Binance will facilitate crypto payments for guests. Accepted digital assets are Bitcoin, Ethereum and also Binance’s native token, Binance Coin. Additionally, customers can use cryptocurrencies to pay for services provided by hotels in Dubai.

Mohammed Hanif Al Qassimmanaging partner of Tea Manor Hotelsaid the virtual asset is in line with its vision for sustainability and digital transformation. In fact, it is one of the best boutique hotels environmentally friendly in Dubai.

richard tengregional manager of Binance in the Middle East and North Africa (MENA)added :Binance actively engaged established local businesses and institutions to further increase crypto adoption for our users and the crypto community as a whole. Our partnership with leading innovative companies, such as JAis in line with our vision to improve crypto adoption in the region”

Related Reading: Damac, Dubai’s Largest Real Estate Developer, Will Accept Bitcoin and Ethereum Payments.

Crypto payments are increasingly penetrating markets

In recent months, people have increasingly accepted cryptocurrencies as commodities. In April, the luxury and supercars based in Singapore, EuroSports Overall entered cryptography. The company has started accepting digital assets for Lamborghini and Alfa vehicles romeo by associating with FomoPay.

In addition, BitPay joined the channel CMA Theaters to allow customers to purchase tickets with Dogecoin (DOGE). AMC accepts payment in bitcoin and ethereum via PayPal since August 1st. In fact, some hotels even use non-fungible tokens (NFT) to avoid holding unnecessary inventory if customers cancel reservations at prices close to the reservation rate.

Bonus: Brazil is launching a blockchain network to fight corruption in public spending.

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A hotel in Dubai is now accepting crypto by joining Binance’s payment gateway. – Latest News

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