Day To Day Hypermarket Accepts Crypto Payments

Policies that create opportunities to accept digital assets in the UAE are in effect. Day To Day Hypermarket has announced the acceptance of cryptocurrency payments.

On August 8, Day To Day announced it was offering a cryptocurrency payment option. This is a chain of discount stores with many branches spread throughout the UAE. According to the report, all branches as well as online payments accept cryptocurrencies. More than that, the company has a solution to make the payment free and fast.

Currently, the shopping platform has run many crypto-related ads. One of them is a discount program of up to 75% for many categories.

According to local sources, 80 million active blockchain crypto wallet users as of 2022 following policies to promote and create opportunities to access the UAE digital asset space. Thereby, Day To Day became the first supermarket chain to pay cryptocurrency in the region.

The year 2022 is probably the premise when many fields start to study the adoption of cryptocurrencies. Before Day to Day, some real estate agencies or brokerages also adopted this alternative method.

The above response creates a supporting ecosystem for this industry in the UAE. Besides cryptocurrencies, Dubai’s research on the field of the metaverse is also a positive development signal.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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