logo
#

Latest news with #MaryahCommunityBank

Air Arabia begins accepting cryptocurrency payments for tickets
Air Arabia begins accepting cryptocurrency payments for tickets

Al Bawaba

time26-05-2025

  • Business
  • Al Bawaba

Air Arabia begins accepting cryptocurrency payments for tickets

Published May 26th, 2025 - 02:02 GMT ALBAWABA – Air Arabia, the Emirati low-cost airline, has announced that it will now accept cryptocurrency payments for ticket purchases through a partnership with Maryah Community Bank (Mbank). Also Read Trump Tower in Dubai accepts Bitcoin purchases Pay your tickets through cryptocurrency with Air Arabia The budget carrier partnered with Maryah Community Bank (Mbank), UAE's first digital bank, to establish a comprehensive cryptocurrency payment system. The company stated that this new decision aims to ensure price stability, enhanced security, and low transaction fees. Air Arabia will launch a stablecoin-based payment system and will enable AE Coin payments for flight bookings through the AEC Wallet app. When booking tickets on the airline's website, users will see the AEC Wallet option at checkout. Air Arabia will launch a stablecoin-based payment system and will enable AE Coin payments for flight bookings through the AEC Wallet app. (Shutterstock) Adel Al Ali, Group CEO of Air Arabia, stated: 'The company was committed to embracing digitalization across all its operations and that this partnership will enhance customer experience through technology by giving them smart solutions that offer value, choice and flexibility.' 'Through this partnership, we are not only enhancing the booking process but also contributing to the UAE's broader goal of creating a truly inclusive, digitally empowered financial ecosystem,' commented Mohammed Wassim Khayata, CEO of Mbank. Also Read UAE opens first crypto-friendly gas stations © 2000 - 2025 Al Bawaba (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store