Air Arabia Now Accepts Cryptocurrency for Flight Bookings
Emirati low-cost airline Air Arabia has partnered with Al Maryah Community Bank (Mbank) to introduce AE Coin as a new form of payment for flight bookings, making it the first airline in the region to accept stablecoin-based transactions.
AE Coin is the UAE's first AED-backed stablecoin, pegged 1:1 to the Emirati Dirham. It offers users price stability and low transaction fees, all through Mbank's AEC Wallet App.
Bookings made through the airline's website now include the AEC Wallet as a payment option, allowing travellers to make secure, cashless transactions.
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