UAE-based business advisers now accepting crypto payments

RIYADH: The UAE-based business advisory firm, Creative Zone, will now accept payment in cryptocurrency after teaming up with the payment gateway company TripleA, Arab News reported.

TripleA’s crypto invoicing tool bridges the gap between companies that want to accept crypto and customers who wish to pay in crypto.

Companies do not need to manage crypto as settlements are made in the preferred local currency.

Creative Zone’s CEO Lorenzo Jooris said: “Transacting with crypto, a global currency that is virtually instant, is ideal for corporate use.

“Cryptocurrency invoicing enables our clients to pay in multiple cryptocurrencies. And we get to settle in the local currency we want to receive.”

In tandem with the government’s support toward blockchain technology, Creative Zone’s effort in introducing crypto invoicing to its clients is an innovative approach toward traditional invoicing.

Eric Barbier, founder of TripleA, said: “We are very positive about this collaboration with Creative Zone as they are the most trusted business advisory firm in the UAE.

“Entrepreneurs working with Creative Zone would gain exposure to cryptocurrency and leverage cryptocurrency payments to improve their payment processes and grow their business.”