Payit is celebrating the honor of securing two prestigious awards. On September 11, 2024, Payit was crowned the Excellence in Mobile Wallet Innovation Award at the FINNOVEX Middle East 2024 Awards. And on September 12, 2024, it won the Best Digital Overlay Payment Service Provider Award at the MEA Finance Awards. Payit was also a sponsor at FINNOVEX Middle East 2024 Awards, 27th edition.
Payit has continuously provided exceptional services to its customers. These are the most important factors Payit excelled for eligibility:
The award considered solutions that have had a transformative effect on the financial ecosystem. They considered faster, more secure, and accessible payment methods for users. The award was searching for solutions that have contributed to driving digital adoption and financial inclusion.
The focus was on the use of advanced technologies—blockchain, artificial intelligence, or machine learning. They must have created new features that enhance wallet functionality, security, or user-friendliness.
The awards judged organizations based on how well they have optimized customer journeys by integrating mobile wallets into daily financial activities. They must have made the experience seamless, intuitive, and safe.
The award considered the mobile wallet solution’s scalability and potential for widespread adoption across different sectors.
Read also: 2021 Best Neobank and UX Innovation Awards
Here are five specific features that make Payit the best e-wallet in UAE:
With Payit, you can easily send money both locally and internationally. You can make quick international transfers to over 200 countries through MoneyGram without visiting a bank. In addition, all transactions are fee-free, making them highly convenient.
Payit supports cashless payments across a network of more than 1,500 outlets in the UAE. Additionally, it offers features like QR code payments. These make it easy to pay at various retailers, restaurants, or malls by simply scanning a code.
Payit simplifies everyday financial tasks. It lets you pay utility bills and split restaurant bills effortlessly. The app’s bill-splitting feature ensures you can quickly share costs with friends. It avoids the hassle of calculating each person’s share.
Unlike many traditional banking options, Payit does not impose minimum balance requirements. Users get greater financial flexibility—especially for individuals earning less than AED 5,000.
Payit provides cashback deals and offers across various purchases. You get offers and frequent rewards. You can save while dining, shopping, and more.
Read also: Payit Wins Best E-wallet Award 2023
All these qualities make Payit an ideal payment solution for you. Payit provides discounts and offers on all the money you spend using the app. Pay bills, transfer money, request payments, receive dividends, and more with a dual award-winning payment app.
Download the app and enjoy a range of benefits with discounts and cashback offers.