Five-star hotel Palazzo Versace Dubai has started accepting cryptocurrency as a payment method for accommodation, dining and spa services.
Guests can use BTC, ETH, and BNB to pay their bills, which will be processed through the Binance payment gateway.
Palazzo Versace accepts cryptocurrency payments
The 146-room ultra-luxury property ln Jaddaf Waterfront will also accept cryptocurrency payments for goods, mainly gifts and vouchers, on its e-commerce platform, it said in its PR.
“Palazzo Versace is now able to accept virtual asset payments, which reflects how Dubai’s hospitality industry is at the forefront of innovation as we move into a more Crypto world.
Payments are just the beginning, and we look forward to building this partnership together,” Nadeem Ladki, head of business development for Binance’s MENA region, said of the development.
Ukrainian blockchain supermarket accepts cryptocurrencies
In a similar development, Varus, a Ukrainian retailer with more than 100 supermarkets in the country, will now accept cryptocurrency payments through Binance Pay.
This makes Varus the first supermarket in Europe to accept Binance Pay. Clients can be located in nine cities in Ukraine – Kyiv, Dnipro, Kamensk, Brovary, Nikopol, Vishkhorod, Kriverich, Zaporozhye and Pavlog Le, pay for food and groceries with cryptocurrency.
Last month, CryptoPotato reported that two of Ukraine’s largest tech retailers, Techno Їzhak and Stylus, will allow their customers to pay via Bitcoin at their more than 100 stores.
Cryptocurrency payments in other countries
There have been many notable cryptocurrency adoption events in stores and other commercial establishments in recent months.
In June, Swiss luxury watchmaker Hublot launched a limited 200-piece collection called Big Bang Unico Essential Grey. The watches are only available on Hubolt’s US e-Boutique platform, where customers can pay with cryptocurrency. The company will use BitPay to process cryptocurrency payments.
Likewise, Prague’s iconic tram No. 42, now used to take tourists around the capital, allows them to pay in cryptocurrency.
A month ago, soccer team RCD Espanyol became the first Spanish club to let fans buy tickets via cryptocurrency. The club has partnered with cryptocurrency Snack to help it make crypto payments.
Featured Image Courtesy of Arabian Business
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