Tag: Contactless Payments

Do’s and Don’ts While Selecting International Mobile Top-Up Providers for the NRIs

As a Non-Resident Indian (NRI), you must have tried different online payment service providers to send your money to your families in India. Be it a mobile balance recharge, bill payment, or utility payment, you need a service provider who can help you make international payments hassle-free.

International Mobile Recharge From the UAE – Top 5 Challenges and How to Avoid Them

Major Asia-Pacific countries such as India, Bangladesh, China, Philippines, etc have on average, more than 70% prepaid phone users leaving the post-paid service users at 30%.

5 Reasons to Use Payit for School Fees Payment

While more than 50% of UAE consumers want to go cashless by 2024, they have already started their march towards using digital wallets for various payments. Consumers demand faster, safer, and more convenient (simple-to-use) payment options and, most importantly, contactless payment methods.

Pay School Fees Online Via Payit & Get a Chance to Win PlayStation 5

As the school vacation will be over by this month-end, mums and dads of the UAE will be seen rolling up their sleeves to be prepared for another academic year for their children.

How is Metaverse Redefining the Future of Digital Payments in the UAE?

Index Just as technology plays an essential role in the virtual world, payments are another crucial part. While it is paramount to offer a seamless user experience through the metaverse, virtual assets will have to be transferred using virtual currency. But are we future-ready to experience the metaverse with digital currency? Which digital payment methods

Digital Currency in the UAE: Way to Becoming a Global Cryptocurrency Hub

Index The United Arab Emirates (UAE) is the third largest crypto market in the world as per Chainalysis in October 2021. While the Middle East makes 7% of the global trading volume for cryptocurrency markets, UAE, among all, runs an extra mile toward becoming a global digital asset hub.  But, what is so special about

Digital Payment Methods Enabling Financial Inclusion for the Unbanked in the UAE

Around 1.7 million people (32% of the total population) in the UAE are unbanked, earning approximately AED 2,494 per month (~ $679) as per the data released by the UAE Federal Competitiveness and Statistics Authority.

The Future of Digital Payments In UAE – 5 Key Trends of 2022

One of the major drivers for the United Arab Emirates (UAE) consumers to turn more digital about payments is the global pandemic. People started adopting digital ways (e-wallets, payment links, etc.) to make payments and money transfers.