Palazzo Versace Dubai partners with...

Guests can now use cryptocurrencies to pay for stays, dining and spa treatments

Palazzo Versace Dubai is now allowing guests to pay for stays and experiences in cryptocurrencies.

The luxury property located in Dubai’s Jaddaf waterfront neighbourhood has partnered with Binance, the world’s biggest cryptocurrency infrastructure provider, to offer guests the option to settle payments in various cryptocurrencies, including BNB, Bitcoin and Ethereum. These transactions will take place through the Binance payment gateway.

Palazzo Versace Dubai will also accept cryptocurrency payments on their eCommerce platforms, which sells Gift Vouchers and flowers.

The next phase, online payment integration, will go live in the near future.

Palazzo Versace Dubai managing director and Palazzo Hospitality founder Monther Darwish commented: “We continue to be the pioneers of innovation and growth in the hospitality business. Accepting cryptocurrencies as payments is yet another innovative step that we have taken towards making our business future-ready.”

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Binance's head of Business Development Nadeem Ladki for MENA added: “Palazzo Versace’s ability to now accept payments in virtual assets is a reflection of how the hospitality industry in Dubai is at the forefront of innovation as we move into a more digital world. Payments are just the beginning and we look forward to building on this partnership together.”

For more information, visit www.palazzoversace.ae