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.
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.
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 payments in your business if it is compatible with your payment procedure.
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.
Table of Contents 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
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.
Online shopping has taken over the world. Long gone are the days when you would need to leave the house to get something you need. Everything is available on the internet now, and it is very easy finding good deals and discounts since you can visit multiple stores within minutes!
As the UAE is leading the GCC region in accepting digital payments to become a cashless economy, businesses from all sectors have also adopted more innovative payment methods.
Although Etisalat is the Emirates-based multinational telecommunication Provider, some customers may still find Etisalat recharge confusing. However, it is not hard and, by following the right tips, you can do it successfully.
A few years ago, people treated the idea of a digital wallet as one bound to fail. No one was willing to put their money in the hands of this completely foreign idea, especially when you could just use your credit card to make payments just as easily.