UAE delivery firm YallaMarket now accepts cryptocurrency as payment

12 May 2022

Dubai-based grocery delivery service YallaMarket said it will now accept cryptocurrencies as a form of payment on its mobile app, Khaleej Times reports

YallaMarket payment system accepts stable coins USDT (Tether) and USDC.

Besides launching a new payment method for its customers, the startup is also geared up to receive crypto investments from Mena-based partners and is considering paying salaries via digital assets in the future.

Leo Dovbenko, CEO and co-founder of YallaMarket, said: 

We can see now that the world is increasingly adopting blockchain and cryptocurrency technologies. YalaMarket could not stand aside as a company based in the UAE — a global hub for financial technologies. Moreover, as YallaMarket customers value their time and implement technologies in their lives actively, there is no doubt they are among pioneers of using crypto payments.