Air Arabia Planes Now Accept AED Stablecoin Payments in UAE – A New Era of Aviation Begins!

Jakarta, Pintu News – The use of digital currencies is expanding in various sectors, including aviation.

Air Arabia, an airline from the United Arab Emirates, recently announced that it will accept payments using AE Coin, a stablecoin regulated and backed by the United Arab Emirates Dirham (AED).

This initiative marks a major step in the integration of digital financial technology in the regional aviation industry.

Air Arabia’s adoption of AE Coin

Air Arabia has collaborated with Al Maryah Community Bank (Mbank), the issuer of AE Coin, to enable customers to pay for flight tickets using this digital currency.

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This partnership makes Air Arabia the first airline in the region to offer this kind of payment option. Customers can make bookings through the AEC Wallet app developed by Mbank.

The use of AE Coin is expected to simplify the booking and payment process, while offering higher transaction security. This is also in line with the UAE’s goal of advancing the digital economy.

AE Coin, as the first stablecoin to receive approval from the UAE Central Bank, offers more stability and trust than other more volatile cryptocurrencies.

Digital Payment Innovation in the Aviation Industry

In a blog post, Air Arabia stated that it provides the option to use AEC Wallet when customers checkout through the Air Arabia website.

The move is part of the airline’s efforts to support the UAE’s digital economy initiatives. Adel Al Ali, Group CEO of Air Arabia, emphasized that the integration of the AE Coin payment option is a reliable and innovative payment method for travelers.

Air Arabia is committed to adopting digital innovation in all its operations. This initiative reflects the airline’s ongoing efforts to enhance customer engagement.

By integrating AEC Wallet as a payment option, Air Arabia demonstrates its continued pursuit of smart technologies that provide convenience, flexibility and efficiency to its growing customer base.

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Strategic Collaboration with Mbank and Changer.ae

Mohammed Wassim Khayata, CEO of Mbank, expressed enthusiasm towards the collaboration with Air Arabia to introduce AE Coin as a new payment method for travelers.

The partnership is expected to simplify the booking process and is in line with the UAE’s vision to build a more inclusive and technology-driven financial ecosystem.

In addition, Mbank has also partnered with Changer.ae to provide escrow services, allowing users in the UAE to convert between dirhams and AE Coin seamlessly. This collaboration adds a layer of security and ease in transactions, strengthening the digital payments infrastructure in the UAE.

Overall, Air Arabia’s initiative in adopting AE Coin not only marks progress in the application of blockchain technology in the aviation sector, but also demonstrates the UAE’s commitment in leading digital transformation at the global level.

This move is expected to encourage wider adoption of digital financial technology across other sectors.

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Reference:

• Coinspeaker. Air Arabia Adopts AED Stablecoin for Payments in UAE. Accessed on May 28, 2025

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