by Khaleej Times, owner Mohammad Al Hammadi suggested the decision to add crypto to the list of payment methods was made in order to expand Bake N More’s reach. Al Hammadi also claimed the decision was because they “want Bake n More to be a coffee and pastry hub for crypto users in UAE.”
Elsewhere in the report, Al Hammadi is quoted explaining how Bake N More would charge clients that buy a cup of coffee using cryptocurrency. He explained: Our payment system does the conversion accordingly as it is linked to the price charts. For instance, if a bottle of water cost Dh5 [$1.36], the system divides it by the chart rate, we can assume 3.68, and calculates the cost based on that will be 1.35 UST.Meanwhile, Al Hammadi revealed that his company is currently storing digital currency and will only engage the relevant exchange platforms when it needs to convert to fiat.
As different authorities in the UAE continue to open up to cryptocurrencies, more companies are embracing them as well. For instance, Bitcoin.com News recently reported that the hospitality brand Stella Stays now accepts cryptocurrency.
AnnaSmi08581970 Join/subscribe to a group
good
AnnaSmi08581970 Coffee time for BTC lovers
I would be glad to get salary in Tether. And I would send it into my crypto wallet for further operations.
For me adopting crypto currency has been smooth since I came in touch with 'Crypto Candice', she has been resourceful and going amazingly great. I make huge profit weekly off trading and top staking offers in the ecosystem, all thanks to Candicestewartt
Get the full juicy details about PayItNow_PIN on the whitepaper Read it carefully! altcoin DeFi
Dks 1 Nisan'da ilk yakım olacakmış enjin ve ploktopia ile ortak 🔥🔥🔥
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: binance - 🏆 561. / 51 Read more »