Palazzo Versace luxury hotel in Dubai now accepts cryptocurrency payments via Binance Pay. – Last news

Newly hotel palazzo Versace in Dubai joins forces with Binance to allow cryptocurrency payments for their customers. The hotel also plans to add the ability to pay with cryptocurrencies to its e-commerce platform so that guests can pay for gift certificates with digital currencies.

palazzo Versace Dubai hosts cryptocurrencies

luxury hotel palazzo Versace recently announced that it would allow customers to pay for services using cryptocurrencies. From September 7, guests staying at the hotel palazzo Versace from Dubai will be able to pay their bills with bitcoins, Ethereum as well as Binance Corner (BNB)as stated in the Business Report Traveler.

According to the report, Binance is a luxury hotel cryptocurrency infrastructure provider. In addition to the fact that customers can use crypto to pay for meals, accommodation and spa treatments, the hotel also accepts payments in crypto customers use its e-commerce platforms to purchase gift certificates and merchandise from the flower shop.

By this decision, palazzo Versace joins a growing list of businesses operating in the country that use cryptocurrency. This includes one of the best hotels in dubai, manor Hotel by J.A. and the largest real estate developer Damac.

Remain a pioneer of innovation in the hospitality industry

Month Darwishmanaging director palazzo Versace in Dubai and founder palazzo hospitalityreportedly described the hotel’s decision to accept payments in cryptocurrency as a move forward.

“We continue to be pioneers of innovation and growth in the hospitality industry. Accepting cryptocurrencies as a form of payment is another innovative step we have taken to prepare our institution for the future. »

Otherwise, Nadeem LadkiHead of Business Development at Binancealso commented on the news. According to him, this highlights the progress made by the hotel industry in implementing such solutions.

“Capacity palazzo Versace accepting payments with virtual assets is a reflection of the fact that the hospitality industry in Dubai is at the forefront of innovation as we move into a more digital world. Payments are just the beginning and we look forward to further developing this partnership.”

In addition, the news came after the entry of financial institutions such as FTX, and OKX to Dubai. The country is trying to become a region to become a center of digital innovation.

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