UAE Hospitality Brand Stella Stays Now Accepts Crypto – Emerging Markets Bitcoin News

March 17, 2022 Editor Bitcoin 0

A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more digital assets.

Stella Stays’ Tilt Towards ‘Futuristic Tech Offerings’

The UAE-based hospitality brand Stella Stays now accepts cryptocurrencies via its e-commerce platform, a report has said. According to the report, the company’s guests can now pay with bitcoin, ethereum, and 35 other cryptocurrencies.

Following the announcement, the company’s CEO and co-founder, Mohannad Zikra, is quoted in one report explaining why Stella Stays has decided to accept digital currencies. He said:

Accepting cryptocurrency payments is a pioneering step for the hospitality industry in the Middle East. Being first to market with this offering gives us an edge as an early adopter. We are excited to offer this advancement into cryptocurrency and deliver a revolution to our digital-savvy customers.

Zikra added that since his company is continuously attempting to offer its customers “the best guest experience” accepting cryptocurrencies marks the beginning of Stella Stays’ tilt towards “futuristic tech offerings.”

Meanwhile, a report by Unlock Media said “14% of guests landing on [Stella Stays’] payment page have clicked on the crypto payment tab.” About 28% of these guests have asked for more information that enables them to complete transactions with crypto payments, the report added.

What are your thoughts on this story? Tell us what you think in the comments section below.

Terence Zimwara

Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.