Your Cashless Payments Knowledge Hub

What Is an E-wallet and How Does It Work?

It’s the year 1997, you’re standing in front of a Coca-Cola vending machine in Helsinki. Following the company’s instructions, you send a text message, and your payment is made. The soda can pop out, and you walk away with it. This was one of the first demonstrations of digital payments, which eventually led to the birth of e-wallets. But what is an e-wallet, and how does it work?

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 must approach the month with practical organizing steps, especially for Ramadan shopping lists.

Schoolvoice teams up with payit

Schoolvoice teams up with payit to equip UAE schools with a fully-fledged digital payment solution

FAB launches Digital Marketplace through payit to support retailers

Designed to help SMEs and local businesses in moving online

FAB partners with MOHRE to deliver a unified payment solution.

Designed to facilitate monthly salary transfers of domestic workers in UAE

Pay your Domestic Help with payit

Employers can pay domestic help conveniently, instantly and cashless, thanks to payit in just a few clicks.

Payit partners with Mastercard to deliver cross-border payment solutions

International fund transfers to more than 100 corridors