In a significant milestone, Payit, the innovative digital wallet powered by First Abu Dhabi Bank (FAB), has won the prestigious Best Bank Digital Wallet Award at the MEA Finance Banking Technology Summit 2024. The award was announced on 15th October 2024.
Launched as the UAE’s first fully-featured digital wallet, Payit has grown and is a leading player in the country’s digital payment sector. Payit focuses on financial inclusion and ease of payment. Unlike traditional banking services, Payit doesn’t require maintaining a minimum balance or even having a bank account.
This is not Payit’s first win this year. The company recently won the Excellence in Mobile Wallet Innovation Award at the FINNOVEX Middle East 2024 Awards and the Best Digital Overlay Payment Service Provider Award at the MEA Finance Awards in September 2024.
Payit has a user-centric approach and offers a wide range of services. Here are a few factors that drove Payit’s success:
The app streamlines bill payments, allowing you to manage utilities, telecom services, and even top up prepaid accounts for Du, Etisalat, NOL, Mawaqif, and Salik. You can do all this under one app.
With features like QR code payments and the ability to split bills among friends, Payit promotes a cashless ecosystem. This provides you with ease of payment. You can effortlessly send money to over 200 countries and territories using Payit.
You can make easy payments of school, university, nursery, and institute fees, coupled with exclusive benefits and offers using Payit.
Read also: The Best E-wallet’ at Leaders in Fintech Awards 2023
If you are an employer, you can conveniently pay for domestic help through the Payit Wallet app.
Along with all the above benefits, Payit also extends numerous deals and discounts to you. From Agoda, VISA, Jumeirah, and Namshi to Swarovski, Sephora, Noon, and Aldo, you can get offers that help you indulge in splurges without breaking the bank.
The platform extends its services globally. You can top up mobile accounts internationally using the mobile app.
The Payit Wallet app has an intuitive interface, making navigation easy. It is also highly secure, giving users like you peace of mind.
The platform has millions of downloads and maintains high ratings on app stores. This showcases its reliability and user satisfaction.
Read also: Payit Wins Dual Prestigious Awards for its Exceptional Services
Payit’s recognition as the Best Bank Digital Wallet at the MEA Finance Banking Technology Summit 2024 is a milestone for the company. Download the app to win cashback and get exciting deals and discounts whenever you use Payit Wallet for a transaction. You can also transfer funds across the globe quickly and easily with Payit.
Download the Payit Wallet App now to save money on your every spend.