Festive Raffle Campaign

1. Eligibility Criteria

  • This campaign (the “Festive Raffle Campaign”) is open to all Payit users with an active account.
  • Users must complete at least one qualifying activity during the campaign period (see Section 2) to be eligible for one or more raffle entries.
  • Employees of Payit and FAB are not eligible to participate.
  • Users found to have engaged in fraud, misuse, or abuse will be disqualified.

2. Qualifying Activities

  • A raffle entry will be awarded for each of the following activities completed during the campaign period:
  • 1. Sending a remittance via Payit.
  • 2. Applying for a Payit Loan.
  • 3. Topping up wallet with AED 2,000 and maintaining the balance for 15 consecutive days.
  • 4. Making a purchase at Joyalukkas via Payit.
  • Multiple qualifying activities by the same user count as multiple entries.

3. Campaign Period

  • The campaign starts on 1st October 2025 and ends on 9th November 2025 (40 days).
  • Only activities completed during this period are eligible for raffle entries.
  • Entries submitted after the campaign period will not be accepted.

4. Reward Tiers & Prizes

100 Winners will receive an AED 100 Joyalukkas voucher.

  • Voucher redemption criteria: minimum spend of AED 500.
  • Not applicable for coins, 24kt products (including bars), or gift cards.

10 Winners will each receive a 2g, 22kt gold coin.

  • 5 coins sponsored by Joyalukkas.
  • 5 coins sponsored by Payit.

1 Winner will receive a 5g gold coin, sponsored by Payit.

5. Prize Distribution

  • Winners will be selected at random within each prize tier.
  • Winners will be notified within 15 working days after the campaign ends.
  • All prizes will be delivered or credited within 30 working days of the winner announcement.
  • If a winner does not collect their prize within 30 days of notification, the prize will be forfeited and may be used for future Payit campaigns. This condition is not applicable for vouchers 
  • Prizes are non-transferable and cannot be exchanged for cash.

6. General Conditions

  • Payit reserves the right to verify eligibility of all participants.
  • Payit reserves the right to modify, extend, or cancel the campaign at any time with prior notice.
  • All participants must comply with these terms and applicable laws.

7. Fraud & Abuse

  • Any attempt to manipulate the campaign (e.g. fake accounts, repeated unallowed entries) will lead to disqualification.
  • Payit reserves the right to take any legal or corrective action in cases of fraud or abuse.

8. Data Usage & Privacy

  • Use and handling of personal data will be in accordance with applicable data protection laws and Payit’s privacy policy.

9. Liability

  • Payit and FAB are not liable for any loss, damage, or disappointment suffered by participants as a result of entering the campaign or accepting any prize.
  • Payit’s liability is limited to the prize itself.

10. Governing Law & Dispute Resolution

  • These terms are governed by the federal laws of the United Arab Emirates.
  • Any disputes arising from or connected to this campaign shall be referred to the exclusive jurisdiction of the courts of the UAE.