Category: Fintech

From Splitting Bills to Gifting: Here are Creative Ways You Can Use Payit App

Digital wallets are reshaping how we handle money, offering ease and flexibility that often outperform traditional banking methods. Payit, a standout in this field, has been instrumental in this transformation, especially in the United Arab Emirates.
According to a study from the University of Oxford, frequent communal dining is linked to increased happiness and life satisfaction. This makes the ability to easily split bills for meals with friends and family not just a financial convenience but also a contributor to well-being.

Your Guide to Successful Online Money Transfers: Do’s and Don’ts to Remember

Online money transfers have become integral to your financial routine, whether sending money to your home country or simply paying the bills. The ability to send money across borders with a few clicks has brought unprecedented convenience to our lives. However, with this convenience comes the responsibility to navigate the digital domain safely and securely.

Personalized Rakhi Greetings: Send Payit eGift Cards for Lasting Smiles

Rakhi, an Indian festival for siblings, is around the corner, and the festival becomes more precious when siblings are together.
A general ritual of this festival is that the sisters tie a thread (representing a bond between brother and sister) on the brother’s wrist, and the brothers, in return, give a token of gift.

Avoid These Most Repeated Mistakes While Sending Your Money Abroad

International money transfers have become crucial for personal and business activities, with the world becoming more connected. Whether sending money to your family living abroad or making cross-border payments for your business needs, picking the right money transfer provider is essential.

5 Key Benefits of Using Virtual Cards

With the virtual cards market projected to reach a staggering $1.3 trillion globally by 2032, experiencing an impressive compound annual growth rate (CAGR) of 12.2%, it’s evident that this digital payment space is revolutionizing the financial landscape

UAE’s Top Fintech Trends to Look for in 2023

The United Arab Emirates (UAE) has emerged as a frontrunner in the global fintech landscape, with its market exhibiting remarkable growth potential, size, and innovation.

Navigating the Crypto Market: Understanding Exchange Types

Trading volumes of crypto have reached $139 million. In fact, 97% consider digital assets like cryptocurrency a safe way of investment.

Types of Virtual Cards for Business – Corporate, Expense, Travel Cards

Gift-giving just got much easier with Payit’s latest feature, eGift Card. As one of the UAE’s leading digital wallet apps, Payit presents you with a sustainable, hassle-free, and personalized way of gifting through Payit’s eGift Card.

Future of Payment Cards: Are Virtual Cards Taking Over the Physical Cards?

The UAE is projected to reach AED 345.2 billion (US$94.0 billion) in card payments by 2025 at a compound annual growth rate (CAGR) of 7.3%, per GlobalData’s Payment Card Analytics. With more people shifting towards using virtual or digital cards, there is no denying the importance of payment cards in the UAE’s economy.

How Virtual Cards Work: An In-Depth Look

With card payments accounting for almost half of all transactions in the UAE, 2023 is seeing a significant shift in how we make online payments. The trend has paved the way for virtual cards, giving traditional cards a virtual facelift.