โ๏ธ ๐๐ถ๐ฟ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ ๐๐ฑ๐ผ๐ฝ๐๐ ๐จ๐๐ ๐๐๐ ๐ฆ๐๐ฎ๐ฏ๐น๐ฒ๐ฐ๐ผ๐ถ๐ป ๐ณ๐ผ๐ฟ ๐๐น๐ถ๐ด๐ต๐ ๐๐ผ๐ผ๐ธ๐ถ๐ป๐ด๐ โ ๐ ๐๐ถ๐ฟ๐๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป
Air Arabia now accepts AE Coin for flight payments, making it the first airline in the UAE to support dirham-backed crypto payments.
โฌ๏ธ AE Coin is a UAE-regulated stablecoin, fully backed by AED and approved by the Central Bank of the UAE.
โฌ๏ธ Partnership with Mbank:
Air Arabia integrated the AEC Wallet, developed by Al Maryah Community Bank (Mbank), to let customers pay using AE Coin directly at checkout.
โฌ๏ธ A Major Step in UAE's Crypto Journey:
This move supports the UAEโs digital-first vision and makes travel payments faster, easier, and more inclusive.
โฌ๏ธ Executive Reactions:
โ Adel Al Ali, Group CEO of Air Arabia:
โThis is a reliable, tech-forward solution that improves customer experience.โ
โ Mohammed Wassim Khayata, CEO of Mbank:
โThis collaboration simplifies booking and boosts the UAEโs fintech future.โ
โฌ๏ธ Added Bonus:
Mbank is also working with Changer.ae to offer escrow and AED-to-AE Coin conversions, helping bridge traditional and digital finance.
โ UAE is leading the way in regulated crypto use โ and Air Arabia just took it to the skies.