Majid Al Futtaim and Binance to Offer Binance Pay to Customers
- Publish date: Wednesday، 01 June 2022
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Majid Al Futtaim and Binance announced the signing of a strategic partnership to cooperate on a number of blockchain projects, including listings of NFTs on Binance’s marketplace, the creation of a digital wallet infrastructure to hold virtual assets from multiple platforms
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The agreement will also see the integration of Binance Pay - allowing customers to purchase with virtual assets at Majid Al Futtaim’s various destinations in line with appropriate laws and regulations.
Alain Bejjani, CEO at Majid Al Futtaim, said: “The exponential rate of technology development today is matched only by consumers voracious appetite for exceptional customer experiences in both the physical and digital world. We are delighted to be partnering with global Web3 leader, Binance on the new frontiers of customer engagement and experience and look forward to working in tandem to evolve the third generation of web technology, develop strong capabilities and deliver innovation and world-class omnichannel experiences to our customers.”
Binance Pay is a contactless, borderless, and secure user-to-user gateway on the Binance App that allows users and merchants around the world to use crypto without incurring special handling fees for using crypto.