Category: payit for business

UAE’s Payit partners with Platx for WhatsApp payments in the region

Merchants who enroll for this service can simply provide their WhatsApp enabled mobile numbers to their customers payit, the UAE’s digital wallet, powered by First Abu Dhabi Bank (FAB), has partnered with Platx omni channel conversational commerce, a provider of digital support services. The new service which is also the first of its kind in

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

Why Businesses Need Digital Payments

Since the 70s brought computers under mass ownership, the process of electronic payments has become quite popular. Though previously, these weren’t as systemic and organizational as they are right now, there’s no denying that electronic funds transfer brings with it a lot of ease and convenience.  Going electronic with their payments is beneficial for the

How Can Your Business Benefit From Using A Mobile Wallet Over Mobile Banking?

  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.  However, recent years have seen a

How Is The Mobile Wallet Helpful For Small Businesses?

  It should come as no surprise to anyone that the use of mobile wallets is on the rise. Mobile wallets offer a secure and convenient way of making payments, so who wouldn’t want to use them?  Their growing popularity means that many businesses have now adopted the mobile wallet model. However, this shift in

Get Ready For Ramadan With Payit Marketplace

The holy month of Ramadan is almost here, and it’s one of the most peaceful times of the year. It’s a time of the year that helps refresh the mind, body, and soul. However, if you approach Ramadan without the proper planning, it can get hectic getting all the groceries you need. That’s why you

FAB launches Digital Marketplace through payit to support retailers

Designed to help SMEs and local businesses in moving online