UAE Hospitality Brand Stella Stays Now Accepts Crypto

Share This Post

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.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations

Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country If the draft is approved,

Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

According to an analysis from on-chain analytics firm CryptoQuant, the total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million Ethereum Accumulation Continues To Surge The

Ethereum Price Dips Again: Will Bulls Step In to Protect the Trend?

Ethereum price struggled to continue higher above the $2,750 resistance ETH started a downside correction and traded below the $2,680 support Ethereum started a downside correction below the $2,680

Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free

Russian President Vladimir Putin criticized US sanctions, noting that they are driving global economies away from the US dollar and leading to a gradual decline in its use for international trade and

Bitcoin Accumulation Hits 2.9 Million BTC: Has the Preparation For A Massive Rally Begun?

CryptoQuant analyst Burak Kesmeci’s recent report revealed a significant notable rise in Bitcoin accumulation addresses, which now surpasses 29 million BTC These addresses have steadily

Metaplanet Inc. Plans Major Bitcoin Expansion with $6.6M Stock Sale!

The post Metaplanet Inc Plans Major Bitcoin Expansion with $66M Stock Sale! appeared first on Coinpedia Fintech News Metaplanet Inc (Tokyo: 3350), a company focusing on hotel asset management and