Air Arabia accepting crypto payments for flight bookings
Air Arabia will soon begin accepting crypto payments for flight bookings.
It will be the first airline in the region offering stablecoin-based payments.
To facilitate it, Air Arabia partnered with Al Maryah Community Bank which is the UAE’s first fully integrated digital bank.
It will allow for AE Coin payments for flight bookings via the AEC Wallet App.
“We are proud to partner with Mbank to introduce AE Coin as a secure and innovative payment option for our customers,” stated Adel Al Ali, group CEO of Air Arabia.
“We are committed to embracing digitalization across our operations, and this partnership reflects our efforts to enhance our customer experience through tech.”
As the UAE’s first AED-backed stablecoin, AE Coin has pegged parity with the UAE Dirham.
Air Arabia’s customers can select the AEC Wallet at checkout when booking on the airline’s website.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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