What is payit? Launched by FAB, payit is a digital wallet that lets you open a Stored Value Account in seconds to deposit money and pay your friends, restaurants, shops, and bills. At payit, our mission is for you to be cash-free, and for payit to be the easiest, most convenient payment method in the UAE.
Who can use payit? Anyone in the UAE. With payit, it doesn’t matter who you bank with. All UAE residents (holders of an Emirates ID) can download the payit app and be up and running in seconds.
What can you do with payit? payit lets you make person-to- person transfers (instantly and 24/7), pay at merchant locations that accept payit, and pay your bills - all 24/7, 365 days a year, from your couch or the beach. What’s even better is that we’re continuously working to make payit better and better, and will be launching new features regularly.
How can you top-up payit? payit offers multiple ways for you to top up their account including top-up via most FAB Cash Deposit Machines, funding via domestic Debit & Prepaid Cards as well as transfer from your own bank accounts. Unfortunately you cannot use a Credit Card top-up to topup your payit account.
How can you withdraw funds from payit? payit allows cardless cash withdrawals through FAB ATMs and well as transfer out to you own bank accounts.
What is the minimum OS requirement for downloading and using the payit app? The Payit application requires you to have a minimum OS version of iOS 9.0 for Apple or Android 5.0 for Android handsets .