Emirates and Crypto.com have partnered to integrate Crypto.com Pay within its systems. This offers a new method for customers to pay whilst simultaneously maintaining high security and compliance standards.
Emirates and Crypto.com’s Partnership
Emirates has signed a Memorandum of Understanding (MoU) with Crypto.com to further explore the uses of cryptocurrency and how this can be assimilated into the aviation sector. The Crypto.com Pay platform is expected to be introduced next year.
The announcement of this partnership comes following a successful financial year in which Emirates reported a 9.7 percent increase in profit from the previous year. This collaboration aims to further increase the carrier’s growth with the additional option of payment methods for customers.
The MoU was signed by Emirates’ Deputy President and Chief Commercial Officer, Adnan Kazim, and Crypto.com’s President of UAE Operations, Mohammed Al Hakim. This was carried out before the Chairman and Chief Executive of Emirates Airline & Group, His Highness Sheikh Ahmed bin Saeed Al Maktoum, and Emirates’ Chief Financial & Group Services Officer, Michael Doersam.
Adnan Kazim has said:
“Partnering with Crypto.com to integrate cryptocurrency into our digital payments system reflects Emirates’ commitment to meeting evolving customer preferences, in addition to tapping into younger, tech-savvy customer segments who prefer digital currencies. This strategic move is in line with Dubai’s vision to be at the forefront of financial innovation while at the same time providing our customers with greater flexibility and choice in how they transact with Emirates.”
Eric Anziani—president and chief operating officer at Crypto.com—has also stated:
“We’re delighted to complete the signing of this important MoU with Emirates Airline. As we continue to expand the everyday use case for crypto, integration with exceptional partners such as Emirates will bring real momentum to the digital asset industry and enable both companies to offer genuine innovative finance solutions for our customers. We look forward to working together as we continue to build our crypto offering in the GCC.”
It is expected that Emirates and Crypto.com will also work together on marketing campaigns to promote this new payment method and encourage its use by customers.
About Emirates
Based in Dubai, Emirates is one of the United Arab Emirates’ flag carriers. It is the largest airline in the Middle East, operating more than 3,600 flights on a weekly basis from its hub at Dubai International Airport (DXB). Dedicated to global connectivity, Emirates offers flights to destinations in over 150 cities in 80 countries, spanning across six continents.
Emirates currently has a fleet of over 250 aircraft, comprised of all wide-body aircraft. The airline is the world’s largest Airbus A380 operator with 116 aircraft as well as the world’s largest Boeing 777 operator with 133 aircraft.
What are your thoughts on Emirates and Crypto.com’s partnership? Will you be using cryptocurrency to pay for your future travels? Let us know.
