Palazzo Versace Dubai will now allow guests to pay for dining, stays and spa experiences with cryptocurrencies.

The accepted cryptocurrencies include BNB, Bitcoin, and Ethereum. The Binance payment gateway will be used for the transactions.

“Accepting cryptocurrencies as payments is yet another innovative step that we have taken towards making our business future-ready,”

       Monther Darwish, Palazzo Versace Dubai’s MD and Palazzo Hospitality’s founder.

The Binance app is now a payment option for visitors to the Al Jaddaf resort. Integration of online payments will come after.

In addition to gift cards and a flower store, Palazzo Versace Dubai’s e-commerce platforms will soon accept cryptocurrency payments.

The luxury property’s ability to accept virtual asset payments “is a reflection of how the hospitality industry in Dubai is at the forefront of innovation as we move into a more digital world.”

                                        Nadeem Ladki, head of business development, Binance MENA.