Category: Blog Posts

Ways to Go ‘Back to School’ With Your Finances

When someone says it’s time to go “Back to School” most people generally assume little kids are going off to class. However, it’s become even more common for adults to go back to school now too. There are many reasons why even after graduating, you’re deciding to pursue higher education.  It could be to successfully

Why Does payit Digital Wallet Become Your Primary Way to Make Payments?

Despite the advent of digital wallets, we haven’t completely replaced credit or debit cards or even traditional cash. We still use them to pay utility bills, make online and in-store purchases, make payments for restaurants, hospitals, schools, and so on.  Naturally, you’d ask why one would want to choose an e-wallet such as payit over

What Are The Benefits Of a Mobile Wallet Over Mobile Banking?

The modern world has produced innovative ideas to make transactions quicker and easier for the average consumer. This has been done by introducing various payment services such as mobile wallets and mobile banking.  Mobile wallets, such as payit, can be used anywhere that accepts cash or credit. You can input various bank cards, loyalty cards,

How to Save Money in Back-to-School Shopping

For most school-going people in UAE, the back-to-school season will begin in September. The excitement is already in the air because this long break from regular studies has been pretty excruciating for our young generations. However, the Coronavirus pandemic has taken a serious toll on everyone’s savings and earnings, especially parents who have to pay

Best Online Shopping Tips And Tricks You Need To Know

Online shopping has become more and more mainstream, and now everyone is guilty of having bought at least one thing from the internet.  The accessibility can make things very expensive because of the quick and easy access you have to all possible stores through the comfort of your own home.  There are a few ways

Which Businesses Need Online Payment?

As the world evolves, businesses are looking to expand their payment options to online platforms. When you expand your business payment options, you provide more opportunities for your customers to pay in a manner that they are comfortable with- it might even increase your customer base within time. Hence, it is good to incorporate online

Neobanking – All You Need to Know About

After seeing internet-based technology skyrocket over the past decade, it shouldn’t come as a surprise to know that a set of all-new virtual banks have also come into existence.  Virtually set neobanks do an excellent job at providing users with a seamless, speedy banking experience through the internet. They can also help overcome specific core

Transfer Money For Free To Support Family Overseas This Eid

Approximately $550 billion in remittances are sent to the developing world from the developed world. Transferring money to your family is essential if you need to support them.  However, international money transfers usually come with high fees. A lot of banks or money transfer services will take around 5-7% of your total transfer amount as a transaction

Having A Digital Wallet Vs. A Regular Online Bank Account

Thanks to technology, a completely cashless society is no longer a pipe dream. payit is created to ensure that the UAE eventually becomes an entirely cashless society. However, for a lot of people, the concept of a wholly cashless society looks pretty daunting. Many don’t even understand what a digital wallet is and fail to

10 Reasons Why Online Money Transfers Can Be Delayed More Than Usual

The invention of online banking has transformed a hectic and lengthy process into a quick and secure method of sending money. According to the Nilson report, around 1.01 billion online transactions occur worldwide.  While online money transactions have many benefits, we all know that online money transfers can be sometimes delayed than usual. This article