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Dubai 5-Star Hotel and Ukrainian Superstore Chain Now Accepts Crypto Payments

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Dubai 5-Star Hotel and Ukrainian Superstore Chain Now Accepts Crypto Payments:

Five-star hotel – Palazzo Versace Dubai- has started accepting cryptocurrencies as a form of payment for stay, dining, and spa services.

Guests can now use BTC, ETH, and BNB to pay their bills, which will be processed through the Binance payment gateway.

In a Press release, the 146-room ultra-luxury property ln Jaddaf Waterfront will also accept crypto payments for merchandise, mainly gifts and vouchers, on its e-commerce platforms.

“Palazzo Versace’s ability to now accept payments in virtual assets is a reflection of how 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 building on this partnership together,” Nadeem Ladki, head of Business Development for Binance in the MENA region, said on the new development.

In another similar event, Ukrainian retailer Varus, which has over 100 superstores in the country, will now accept cryptocurrency payments through Binance Pay.

Making Varus the first supermarket in Europe to accept Binance Pay.

Meanwhile, customers can buy food and groceries through payments in cryptocurrencies in nine Ukrainian cities – Kyiv, Dnipro, Kamianske, Brovary, Nikopol, Vyshhorod, Kryvyi Rih, Zaporizhzhia, and Pavlograd, cryptopotato revealed.

Early reports also revealed that two of Ukraine’s largest tech retailers, Techno Їzhak and Stylus, will allow their customers to pay with bitcoin at their 100-plus stores.

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