Carrying cash or waiting for card machines feels like a burden? Modern tech solves that with digital payment services like QR code payment. It is quick and contactless. Buying coffee from a roadside cafeteria, paying for groceries at Carrefour, or tipping a delivery driver — everything with just a few clicks. And it’s growing faster than you can imagine.
Dubai’s Salik toll system ensures smooth and efficient traffic flow across major highways, but your Salik account must always be sufficiently funded to keep your journeys seamless. But how to recharge your Salik account online?
The global eWallet market is projected to reach $140.6 billion by 2028. But what are eWallets? eWallets are digital solutions that store payment information securely and allow you to pay, transfer money, and shop online. You don’t need to carry physical cash or cards. eWallets offer convenience, speed, and security.
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.
Recharging different accounts, wallets, and cards has become challenging due to the frequency and various channels used. Moreover, certain recharges like Salik, Hafilat, and Nol, and mobile and wifi recharges like Du and Etisalat are so crucial that you can’t afford to miss them.
With the virtual cards market projected to reach a staggering $1.3 trillion globally by 2032, experiencing an impressive compound annual growth rate (CAGR) of 12.2%, it’s evident that this digital payment space is revolutionizing the financial landscape