The post Zanzibar introduces digital payments for marine parks appeared on BitcoinEthereumNews.com. Homepage > News > Business > Zanzibar introduces digital payments for marine parks Authorities in Zanzibar have introduced a new digital payment system for tourists visiting its Marine Conservation Areas as part of efforts to digitize the processes. According to a report by the United Nations Development Programme (UNDP), Zanzibar’s new digital fee-collection system will allow tourists to pay entrance fees using different payment methods. Visitors to the Marine Conservation Areas can make payments using digital wallets and credit cards as authorities pivot from cash-based transactions. The digital payment system is supported by the UNDP’s Biodiversity Finance Initiative, designed to conserve the ecological diversity of Zanzibar’s water parks. Amid the introduction of the new digital payment system, authorities have revealed increased tourist fees for its Marine Conservation Areas. The fee hike is nearly triple the previous fees payable by visitors to the marine park, which authorities say forms part of efforts to improve the ecosystem. Before the increase, Zanzibar park entry fees were the lowest in the region at $3. Authorities say the hike is intended to bring fees to a competitive level and raise additional funds to power conservation efforts. Apart from environmental conservation, rising operational and management costs have forced the hand of regulators to increase tourist fees. Aboud Jumbe, principal secretary of the Ministry of Tourism and Heritage, disclosed that the fee hike will lead to Zanzibar raising nearly $4.5 million from its water parks. “Before the onset of the UNDP BIOFIN program, Zanzibar was collecting about $1.3 million per year from marine park fees – we’re now projecting around $4.3 million annually,” said Jumbe. About 45% of the funds will be earmarked for conservation efforts, particularly artificial coral reef planting and patrol activities. 30% will support local communities and fisheries committees, while 25% of the fund… The post Zanzibar introduces digital payments for marine parks appeared on BitcoinEthereumNews.com. Homepage > News > Business > Zanzibar introduces digital payments for marine parks Authorities in Zanzibar have introduced a new digital payment system for tourists visiting its Marine Conservation Areas as part of efforts to digitize the processes. According to a report by the United Nations Development Programme (UNDP), Zanzibar’s new digital fee-collection system will allow tourists to pay entrance fees using different payment methods. Visitors to the Marine Conservation Areas can make payments using digital wallets and credit cards as authorities pivot from cash-based transactions. The digital payment system is supported by the UNDP’s Biodiversity Finance Initiative, designed to conserve the ecological diversity of Zanzibar’s water parks. Amid the introduction of the new digital payment system, authorities have revealed increased tourist fees for its Marine Conservation Areas. The fee hike is nearly triple the previous fees payable by visitors to the marine park, which authorities say forms part of efforts to improve the ecosystem. Before the increase, Zanzibar park entry fees were the lowest in the region at $3. Authorities say the hike is intended to bring fees to a competitive level and raise additional funds to power conservation efforts. Apart from environmental conservation, rising operational and management costs have forced the hand of regulators to increase tourist fees. Aboud Jumbe, principal secretary of the Ministry of Tourism and Heritage, disclosed that the fee hike will lead to Zanzibar raising nearly $4.5 million from its water parks. “Before the onset of the UNDP BIOFIN program, Zanzibar was collecting about $1.3 million per year from marine park fees – we’re now projecting around $4.3 million annually,” said Jumbe. About 45% of the funds will be earmarked for conservation efforts, particularly artificial coral reef planting and patrol activities. 30% will support local communities and fisheries committees, while 25% of the fund…

Zanzibar introduces digital payments for marine parks

2025/09/25 11:06

Authorities in Zanzibar have introduced a new digital payment system for tourists visiting its Marine Conservation Areas as part of efforts to digitize the processes.

According to a report by the United Nations Development Programme (UNDP), Zanzibar’s new digital fee-collection system will allow tourists to pay entrance fees using different payment methods. Visitors to the Marine Conservation Areas can make payments using digital wallets and credit cards as authorities pivot from cash-based transactions.

The digital payment system is supported by the UNDP’s Biodiversity Finance Initiative, designed to conserve the ecological diversity of Zanzibar’s water parks.

Amid the introduction of the new digital payment system, authorities have revealed increased tourist fees for its Marine Conservation Areas. The fee hike is nearly triple the previous fees payable by visitors to the marine park, which authorities say forms part of efforts to improve the ecosystem.

Before the increase, Zanzibar park entry fees were the lowest in the region at $3. Authorities say the hike is intended to bring fees to a competitive level and raise additional funds to power conservation efforts.

Apart from environmental conservation, rising operational and management costs have forced the hand of regulators to increase tourist fees. Aboud Jumbe, principal secretary of the Ministry of Tourism and Heritage, disclosed that the fee hike will lead to Zanzibar raising nearly $4.5 million from its water parks.

“Before the onset of the UNDP BIOFIN program, Zanzibar was collecting about $1.3 million per year from marine park fees – we’re now projecting around $4.3 million annually,” said Jumbe.

About 45% of the funds will be earmarked for conservation efforts, particularly artificial coral reef planting and patrol activities. 30% will support local communities and fisheries committees, while 25% of the fund will be allocated to the national treasury.

Tourism industry embraces digitization

While the finance industry appears to be the fastest adopter of emerging technologies, key players in tourism are embracing the tide of change. In Thailand, regulators have revealed plans for a digital asset payment sandbox for tourism designed to allow tourists to swap their digital assets for local fiat seamlessly.

Meanwhile, South Korea’s Jeju Island is turning to non-fungible token (NFT)-based cards for tourists, offering a range of benefits. Other jurisdictions are leaning on metaverse, VR/AR, and Internet of Things (IoT) technologies to improve tourist experiences while eyeing enhanced revenues.

Back to the top ↑

Lufthansa tests EU digital ID wallet-based check-ins for travellers

German airline Lufthansa has announced that it is piloting the use of a mobile phone-based ID system to speed up the boarding times of passengers in European airports.

Lufthansa has teamed up with IT supplier Amadeus to roll out the offering, leaning on the European Digital Identity Wallet (EUID). Upon full launch, travellers must show digital credentials on their mobile phones through the various boarding stages, sidestepping the requirement of paper-based documents.

At the tail end of 2023, EU member states agreed on the EUID to allow residents to identify themselves with digital IDs. Set for full rollout in 2026, EU residents can store credentials like national IDs, driver’s licenses, and biometric data on the mobile app.

While several sectors are testing the waters for full rollout, Lufthansa and Amadeus are pioneering the EUID utility in the airline industry. Lufthansa is an active participant of the EU Digital Wallet Consortium (EWC), and its partnership with Amadeus is considered an extension of their long-running relationship.

“We saw the need to become more aware of these activities and then started to participate in test runs and trials, to prepare for when these documents arrive and allow our customers to use them,” said Lufthansa executive Patrick Sgueglia.

Regarding operation, Lufthansa and Amadeus’ solution will automatically glean data from mobile wallets, removing the need for passport swipes and manual checks. Furthermore, Sgueglia disclosed that the digital ID wallet-based check-in has shown marked improvements over swipe machines that are typically error-prone.

In terms of biometric ID, Lufthansa and Amadeus are piloting a solution using the EUID to enable travellers to pass through a raft of touch points seamlessly. The solution will eliminate the need for travellers to take a selfie for biometrics and will involve users opting to share their biometric IDs at necessary touch points.

“With facial recognition technology being installed at airports, the border, cruise terminals and even hotels, it won’t be long before travellers can breeze through every step in their journey without the need to present a passport or other documents,” said Rudy Daniello, Executive VP of AirOps at Amadeus.

Back to the top ↑

Airlines at the heart of innovation

The aviation industry is surging ahead to embrace emerging technologies, with Saudia Airlines leveraging Amadeus Nexus for improved passenger booking systems. Etihad Airways, the national carrier of the UAE, has announced the integration of artificial intelligence (AI) into its flight safety protocols.

On the regulatory side, the Nigerian Civil Aviation Authority is turning to blockchain technology for passenger identity management and luggage tracking. Meanwhile, countries like the U.S. and Vietnam are pursuing bilateral ties to improve their local aviation sectors with next-gen technologies at the forefront.

Back to the top ↑

Watch | Cut Costs & Streamline Payments: The Case for Stablecoins

title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””>

Source: https://coingeek.com/zanzibar-introduces-digital-payments-for-marine-parks/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

MSTR Stock Drops as Strategy Unveils Euro Preferred Shares Plan

MSTR Stock Drops as Strategy Unveils Euro Preferred Shares Plan

TLDR Strategy announced its first Euro-denominated perpetual preferred stock offering for global institutional investors. MSTR stock closed 1.80 percent lower at $264.68 on Monday and fell an additional 2.60 percent after market hours. The company will pay regular cumulative dividends on STRE stock starting December 31, 2025. Unpaid dividends on STRE stock will compound annually [...] The post MSTR Stock Drops as Strategy Unveils Euro Preferred Shares Plan appeared first on CoinCentral.
Share
Coincentral2025/11/04 23:32
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40