xare

Abu Dhabi Airports (@ad_airports) has entered into a memorandum of understanding (MoU) with Al Hail Holding to pilot a regulated digital wallet and crypto-linked payment system for inbound travelers. Xare (@getxare) , serving as the fintech technology partner, will develop the wallet’s core architecture, merchant network, onboarding systems, and user interface. The initiative, set to launch at Zayed International Airport, supports the UAE’s broader goal of advancing its digital economy infrastructure. Beyond payments, the partnership will also explore smart mobility and sustainability solutions, positioning airports as integrated hubs for commerce, technology, and innovation rather than mere transit points. Elena Sorlini, Managing Director and Chief Executive Officer of Abu Dhabi Airports, said, “Through our partnership with Al Hail Holding and Xare we will pilot cashless, next-generation payment technologies that simplify every step of the traveler journey and redefine convenience, sustainability and financial access, while showcasing UAE as the ideal launchpad for a digital economy.” Hamad Jassim Al Darwish, Chief Executive Officer of Al Hail Holding, said, “We are proud to collaborate with Abu Dhabi Airports on this forward-looking initiative. Together, we aim to create new opportunities that align with the UAE’s vision for a digital and diversified economy.” Milind Singh, Co-Founder of Xare, said, "Xare is thrilled to partner with two leading institutions to bring the future of travel commerce to life. By leveraging our unique tech stack spanning instant onboarding, programmable payments, and merchant connectivity we can unlock entirely new traveler experiences and monetization opportunities across the airport and the wider city." Read more: blocknewsint.com/articles/ua… #Crypto #TravelTech #UAE #DigitalWallet #Blockchain #AbuDhabi