Payit, the UAE’s first fully featured digital wallet, is expanding access to cashless transactions with the launch of the new Letsgo Payit Visa Platinum Card, powered by First Abu Dhabi Bank (FAB). This will connect the user’s wallet to Visa merchant acceptance location of 80+ million for a complete range of point-of-sale and online transactions.
Despite the advent of digital wallets, we haven’t completely replaced credit or debit cards or even traditional cash. We still use them to pay utility bills, make online and in-store purchases, make payments for restaurants, hospitals, schools, and so on.
Payit digital wallet, powered by First Abu Dhabi Bank (FAB), and Magnati, the fully-owned payment subsidiary of FAB, has partnered with WOW Electronics Transport Services to launch a state-of-the-art digital payment service for its leaders and their riders. With this partnership, WOW riders can now make cashless mobile payments for their rides seamlessly using the
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.
With almost everything being digitalized, it comes as no surprise that people are looking for ways to manage their transactions online. Just like online banking and credit cards, an eWallet allows you to manage your payments online. It is a digital wallet where you can store your payment information and make purchases, transfers, and payments.