Dubai Duty Free Lets Customers Pay with Cryptos
Dubai Duty Free has integrated Crypto.com Pay to facilitate crypto payments. Shoppers can now make purchases using 30 different cryptocurrencies, including major digital currencies and meme coins like Shiba Inu (SHIB), at Dubai International Airport (DXB) and Al Maktoum International Airport (AMIA).
Crypto.com converts the transactions into UAE dirhams immediately for the merchants' benefit. This development is aligned with Dubai's broader strategy of becoming a world leader in blockchain integration and cashless transactions.
Eric Anziani, President and Chief Operating Officer at Crypto.com, said that the collaboration will help make regulated cryptocurrency payments a part of regular retail operations while offering a safe payment experience and immediate fiat settlements to merchants. The launch is done in accordance with the regulations set out by the Central Bank of the UAE.