1. Introduction
These Terms and Conditions (“Terms”) apply to the Borrow Your Way to a Million onDemand Payit Campaign – Payit Plus (“Campaign”) conducted by Payit Wallet, powered by First Abu Dhabi Bank PJSC (“FAB”). By participating in the Campaign, customers agree to be bound by these Terms.
2. Campaign Overview
The Campaign is designed to encourage eligible Payit Plus customers to complete a Money on Demand (“onDemand Payit”) transaction through Payit. Eligible customers who successfully complete a qualifying onDemand Payit transaction during the Campaign Period will be entered into a draw for a chance to win. The winner will receive 1,000,000 Payit Reward Points, subject to these Terms and the approved draw process.
3. Campaign Period
The Campaign will run from 01 November 2026 to 30 November 2026, both dates inclusive (“Campaign Period”).
4. Eligibility
4.1 The Campaign is open to customers who:
- Hold an active Payit Plus account;
- Are eligible for onDemand Payit under the applicable product eligibility and assessment criteria;
- Receive and successfully complete an approved onDemand Payit transaction during the Campaign Period; and
- Meet all applicable Payit account, know-your-customer, onDemand Payit and Campaign requirements.
4.2 onDemand Payit eligibility, approval, available amount and applicable terms are determined independently under the relevant product rules. Participation in the Campaign does not guarantee onDemand Payit approval or access to any specific amount.
4.3 The customer’s Payit Plus account must remain active and in good standing throughout the Campaign Period and at the time of prize fulfilment.
4.4 Employees of FAB and Payit, and any other persons excluded under the final approved Campaign rules, are not eligible to participate or win.
4.5 onDemand Payit transactions that are cancelled, reversed, unpaid, fraudulent, suspicious, unsuccessful or otherwise deemed invalid by Payit will not qualify.
4.6 Payit reserves the right to disqualify any participant found engaging in suspicious, irregular, abusive or fraudulent activity.
5. Campaign Entry Mechanism
5.1 No separate Campaign registration is required. Entry will be recorded automatically based on Payit system records after completion of a qualifying onDemand Payit transaction during the Campaign Period.
5.2 Each qualifying onDemand Payit transaction will provide the eligible customer with an entry into the Campaign draw, subject to the final approved entry-frequency rules and maximum entries per customer.
5.3 A onDemand Payit transaction will qualify only after it has been approved, successfully disbursed or completed, and validated in Payit’s records in accordance with the final approved qualifying definition.
5.4 Payit reserves the right to verify customer and transaction eligibility before including an entry in the draw.
6. onDemand Payit Product Obligations
6.1 The Campaign does not amend, waive or replace any onDemand Payit product terms, repayment obligations, fees, charges, due dates or eligibility requirements applicable to the customer.
6.2 Customers remain responsible for reviewing and accepting the applicable onDemand Payit product terms before completing a transaction.
6.3 Participation in the Campaign should not be interpreted as financial advice or as a recommendation to borrow. Customers should consider their financial circumstances and repayment ability before using onDemand Payit.
6.4 Winning or participating in the Campaign does not reduce, offset or cancel any onDemand Payit repayment obligation.
7. Draw and Prizes
7.1 Five winners will be selected through an approved draw process after the Campaign Period.
7.2 Each winner will receive 1,000,000 Payit Reward Points.
7.3 The draw date, draw supervision requirements and winner-selection method will be confirmed in accordance with applicable approval and regulatory requirements.
7.4 A customer may win only once under the Campaign unless otherwise permitted under the final approved draw rules.
7.5 Reward Points have no cash alternative, are non-transferable and remain subject to the applicable Payit Rewards programme terms and conditions.
8. Winner Validation, Notification and Fulfilment
8.1 Potential winners will be subject to customer, onDemand Payit transaction and Campaign eligibility validation before being confirmed as winners.
8.2 Winners will be contacted using the contact details registered with Payit. Customers are responsible for ensuring their registered details are complete and current.
8.3 If a potential winner cannot be contacted, does not respond within the communicated timeframe, fails validation or is found to be ineligible, Payit may select an alternate winner through the approved process.
8.4 Reward Points will be credited to the verified winner’s eligible Payit account within the fulfillment timeline communicated by Payit following completion of all required checks.
8.5 Payit may request information or documentation reasonably required to validate eligibility and fulfil the prize, subject to applicable requirements.
9. Communication and Publicity
9.1 Payit may communicate the Campaign through push notifications, SMS, in-app messages, banners, tiles, email, website, social media or other approved channels.
9.2 Any publication of winner information, testimonials, images or promotional content will be subject to applicable consent and approval requirements.
10. General Conditions
10.1 Participation in the Campaign is voluntary and subject to these Terms and all applicable Payit account, onDemand Payit and Rewards programme terms and conditions.
10.2 Payit is not responsible for any delay or failure caused by inaccurate customer information, technical interruption, transaction rejection, eligibility reassessment, compliance review or circumstances outside Payit’s reasonable control.
10.3 Payit reserves the right to amend, suspend, extend or terminate the Campaign or these Terms, subject to applicable approval and regulatory requirements.
10.4 Payit’s decision regarding eligibility, qualifying onDemand Payit transactions, draw entries, winner validation and prize fulfilment will be final and binding, subject to applicable law.
10.5 If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions will continue in full force and effect.
11. Governing Law
These Terms and Conditions are governed by and construed in accordance with the laws of the United Arab Emirates, and any disputes will be subject to the exclusive jurisdiction of the courts of the United Arab Emirates.