Payit

Payit is a new payment platform powered by the First Abu Dhabi bank (FAB) that has greatly simplified how we pay. In this article, we will go through the nitty-gritty of Payit, right from how to set up an account and how to add debit or credit cards to Payit to how to use the platform to make payments. We will also discuss the features and benefits of using Payit so that you can decide whether it is the right payment platform for you!

What is Payit?

Payit, as mentioned earlier, is an innovative payment and financial services platform transforming how people manage their money. It is an all-in-one, mobile-first solution that lets consumers securely make payments, send money, and manage their finances quickly and conveniently.

Payit was founded in 2018 as a digital wallet to empower and enable individuals to take control of their financial life. It has a user-friendly interface with a range of features such as bill payments, international transfers, and digital wallets. Moreover, the company has partnered with several banks in the UAE to provide its customers with access to banking services.

How to Add Debit or Credit Cards to Payit?

If you want to find out how to add debit or credit cards to Payit, simply refer to the simple steps mentioned below - 

Step 1: Launch the Payit app and sign into your account. 

Step 2: Tap the icon for cards on the screen. 

Step 3: Select the option to add a card and enter your debit or credit card information. 

Step 4: Follow the instructions to link your card to your Payit account securely. 

Step 5: Once your card has been added, you can make payments, transfers, and more.

Features & Benefits of Payit

Payit has numerous features and benefits that make it an ideal choice for users who need a reliable and secure payment system - 

• Fast and secure payments: Payit uses advanced security measures to ensure that all transactions are safe and free from fraud. It also uses encryption technology to protect user data from third-party access. 
• Convenient payments: With Payit, you can make instantaneous payments without much effort. This makes it the perfect choice for people who need to make quick payments frequently.
• Easy money transfers: Payit allows users to send and receive money from anyone, regardless of their bank or payment platform. It is compatible with central banks and payment platforms, making it easy to send and receive money anywhere in the world. Its notable feature in this regard is MoneyGram, which allows international money transfers to 200+ countries.
• Flexible payment options: Payit supports multiple payment options such as credit and debit cards, bank transfers, and e-wallets. This makes it easy to find the best payment option for every situation.
• Low fees: Payit is among the top payment platforms in terms of fees. It doesn’t have any fees for subscription and has low transaction fees that make it highly affordable.
• Streamlined payments: Payit provides a single point of access to all payments, allowing businesses to manage their payments in one place. 
• Attractive offers: On Payit, you can find numerous offers and cashbacks. With these, you can make considerable savings and make the most of your transactions. 
• Multiple Currencies Accepted: Payit is compatible with multiple currencies, which allows customers to make payments in their preferred currency without any hassle. 

How to Manage Debit Cards and Credit Cards in Payit?

Here are the steps to follow to manage your debit cards and/or credit cards in Payit and perform operations related to them - 

Step 1: Log into your Payit account. 

Step 2: Select the ‘Cards’ tab to see a list of your added debit cards and credit cards. 

Step 3: To add a card, select the ‘Add Card’ button and enter the specified card details. Step 4: To delete a card, select the ‘Delete Card’ button. 

Step 5: To manage a card, select the ‘Manage Card’ button. 

Step 6: You can set spending limits, receive notifications, and enable or disable the card. 

Step 7: Select ‘Save Changes’ when you're finished.

How to Make Payment Through Payit? 

Making payments through Payit, as we saw earlier, is quite easy and secure. You can follow these steps to find out how to make payments through Payit - 

Step 1: Visit the Payit website or app. Register your account if you are a new user. 

Step 2: Log into your account. If you’ve not added money, you can top-up your account using the app (linked to your debit card), bank account transfers, or the FAB mobile app.

Step 3: Select the type of payment you wish to make – bill payment, money transfer, and so on. 

Step 4: Enter the relevant details, such as the recipient’s details, the amount you wish to transfer, the payment reference, and so on. 

Step 5: Follow the prompts to complete the payment. 

Step 6: Once your payment is successful, you will receive a confirmation message.

How to Remove a Debit card or Credit Card on Payit?

To remove a debit or credit card from your Payit account, follow these steps -  

Step 1: Log into your Payit account.

Step 2: Go to the ‘Settings’ tab.

Step 3: Select ‘Cards’.

Step 4: Choose the card you want to remove. 

Step 5: Click on the ‘Remove Card’ button and confirm your action.

Step 6: The specific card will be removed from your account.

Discussed below are a few frequently asked questions related to Payit UAE - 

FAQs