Air Arabia Now Accepts AE Coin for Flight Bookings in UAE
Air Arabia, a UAE airline, will now accept AE Coin for payments, making it the first regional airline to do so. AE Coin is a stablecoin approved by the Central Bank of the UAE and backed by the UAE Dirham (AED).
- Partnership with Al Maryah Community Bank (Mbank) facilitates AE Coin payments for flight bookings.
- Travelers can use the AEC Wallet app for transactions on Air Arabia’s website.
- This initiative supports the UAE's digital economy goals.
- Adel Al Ali, Air Arabia's CEO, highlighted the integration of AEC as a modern payment method for travelers.
- Collaboration aims to enhance customer engagement through innovative solutions.
- Mbank also partnered with Changer.ae for escrow services to convert dirhams and AE Coin.