The MoU focuses on integrating Crypto.com Pay into Emirates' digital payments platform, allowing for payments in Bitcoin, Ethereum, and Solana, which will convert instantly into UAE dirhams.
According to a recent Juniper Research report, global spending via QR code payments is projected to exceed $8 trillion by 2029 - a huge leap that shows how this simple tool is becoming a vital part of everyday life.
"Paying for a hotel has traditionally been the most fragmented part of travel-search one place, book another, pay somewhere else. With PayPal, we're collapsing all of that into a single flow embedded directly into AI-powered experiences like Perplexity."
Cuomo's campaign lost out on nearly $3 million in public matching funds due to mishandling electronic payment submissions, against repeated warnings from the City Campaign Finance Board.
The explosion of digital payments is driving chargebacks to unprecedented levels, projecting 324 million global chargebacks by 2028, with North America leading the surge.