Payit starts to collect WhatsApp payments

Payit, the UAE’s first fully featured digital wallet, powered by First Abu Dhabi Bank (FAB), has partnered with PLATX to offer payment solutions through WhatsApp.

The new service enables merchants to collect payments via WhatsApp from their customers.

Merchants who enrol for this service can provide their WhatsApp enabled mobile numbers to their customers who then engage with a conversational BOT and make secure payments in a matter of minutes with the merchant receive the confirmation of payment on a real time basis. “The solution was designed in line with our robust multilevel encryption to ensure all transactions are secure,” said Ramana Kumar, Chief Executive Officer of Magnati — a fully owned FAB subsidiary.

Digital wallet

Launched in 2018, payit is the UAE’s first fully featured digital wallet, and the first lifestyle payment wallet in the UAE accessible from any smartphone. The safe and secure service is available to anyone with a valid Emirates ID, regardless of who they bank with, and the sign-up process takes less than two minutes.

Walid Tarabih, Founder and CEO of PLATX commented: “It was an honour to work with payit on such a high profile and innovative solution that will change the way people pay in the region forever.”