Emarat Partners with Crypto.com to Launch Cryptocurrency Payments at UAE Gas Stations

May 8, 2025
Emarat Partners with Crypto.com to Launch Cryptocurrency Payments at UAE Gas Stations
  • This partnership represents a significant step in merging traditional energy services with modern financial technologies, aiming to provide a seamless payment experience for customers in the UAE.

  • Emarat officials are optimistic about this collaboration, viewing it as an opportunity to enhance customer experience and align with the latest financial technologies.

  • Emarat, the UAE's state-owned fuel retailer, has made a groundbreaking move by partnering with Crypto.com to accept Bitcoin and other cryptocurrencies as payment at gas stations, marking a first for the Middle East and North Africa.

  • The UAE has established frameworks like the Virtual Assets Regulatory Authority in Dubai, which have attracted major industry players and facilitated the growth of cryptocurrency services.

  • The collaboration aims to integrate cryptocurrency into everyday transactions, leveraging Emarat's extensive customer base to promote real-world use of digital assets.

  • Customers will be able to pay for fuel directly at the pump using digital assets, eliminating the need for traditional fiat transactions.

  • The initial rollout will see cryptocurrency payments integrated at 10 service stations, with plans for expansion contingent on regulatory approvals and customer interest.

  • To encourage the adoption of this new payment system, a joint rewards program has been developed, potentially offering discounts and loyalty bonuses during the pilot phase.

  • As the UAE positions itself as a global leader in digital asset regulation, this partnership aligns with a broader trend of integrating cryptocurrency into various sectors.

  • The initiative is designed to offer greater convenience for consumers and aligns with the UAE's vision of becoming a global hub for digital innovation.

  • The partnership will also feature special promotions and joint loyalty programs for both Crypto.com users and Emarat customers, aiming to attract new clientele.

  • Crypto.com recognizes the UAE as a challenging market for digital innovations but appreciates its regulatory transparency and technological openness, which are advantageous for crypto services.

Summary based on 5 sources


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