Careem Hints At Crypto Payments in the Future

Careem, situated in Dubai, is looking to recruit a Director of Crypto for Careem Pay to assist in developing and implementing the company’s digital currency strategy and identifying crypto-related investment and collaboration possibilities.

According to the company’s job ad on LinkedIn, Careem intends to grow beyond its initial incarnation as a ride-hailing app by entering the fray as major corporations such as Amazon, Facebook, and Twitter hire crypto experts to assist them in succeeding in the digital currency market.

A crucial part of Careem Pay’s mission is to establish itself as the region’s premier digital financial services platform. Ultimately, it seeks to enable individuals to live better lives by streamlining their payment experiences and giving them more access to financial resources.

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They will be a vital part of the Careem Pay team, contributing to the development of Careem’s strategy and product roadmap in the blockchain and digital currency arena. Following the company’s goals for the area, this roadmap should be able to serve both Careem Pay and the company’s more significant collection of operations.

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Careem’s entry into the cryptocurrency industry may enable the ride-hailing behemoth to take advantage of increased customer interest in cryptocurrency payments. Interestingly, Careem believes that embracing cryptocurrencies would help the company attract more clients in the Middle East, especially among the 8.2 million people in the United Arab Emirates who want to purchase or contract a service using digital payments in 2018. This can broaden the usefulness of cryptocurrencies beyond financial investments and attract additional clients to Careem.