Payit

Abu Dhabi, United Arab Emirates Founded: 2018 • Age: 8 yrs
Payit is recognized as a digital wallet provider in UAE.

About Payit

Payit is a company based in Abu Dhabi (United Arab Emirates) founded in 2018. It operates as a FinTech and Commission-Based. Payit offers products and services including Payit E-Wallet, Money Transfer, and Bill Payment. Payit operates in a competitive market with competitors including Paytm, MoneyGram, Pyypl, Ziina and QIWI, among others.

  • Headquarter Abu Dhabi, United Arab Emirates
  • Sectors
    Financial Services
  • Website category Finance · Banking Credit and Lending
  • Email
    ••••••••
  • Website payit.ae
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Payit Wallet Powered By First Abu Dhabi Bank

Products & Services of Payit

Payit offers a comprehensive portfolio of products and services, including Payit E-Wallet, Money Transfer, and Bill Payment.

Payit E-Wallet
Digital Wallet

Digital wallet for payments and money transfers offered.

Money Transfer
Financial Services

International money transfers to over 200 countries provided.

Bill Payment
Financial Services

Instant bill payments for utilities and services enabled.

Apps and channels of Payit

Payit publishes 1 mobile app with over 1M+ downloads; its YouTube channel Payit wallet has 4.08K subscribers and 30 videos.

Payit- Shop, Send & Receive
Google Play Finance Rated for 3+ Free 1M+ downloads
Developer: FIRST ABU DHABI BANK
View on Google Play
Payit wallet
YouTube 4.08K subscribers 30 videos Science & Technology
Open channel

Videos from Payit

The most watched videos on Payit's YouTube channel, Payit wallet (4.08K subscribers). Click a video to play it here.

Say hello to the Letsgo life! Activate your Letsgo Payit card on the Payit app today #LetsgoPayit
33.2K views
Payit Plus I How to open your Payit Plus Account | EN
8.8K views
Meet Payit Plus | EN
8.1K views
Activate Your Letsgo Payit Card
5.6K views

More on Payit wallet.

People of Payit

1 people are tracked at Payit (1 in leadership).

NameRoleGroup
John Thomson
CEOLeadership
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Complete people profiles for Payit

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Competitors of Payit

Payit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paytm, MoneyGram, Pyypl, Ziina and QIWI, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
paytm.com2000Noida, India$4.14B14,760
Digital payments, financial services, and e-commerce platforms are provided.
moneygram.com1940Dallas, United States––
Cross-border payments are enabled via wallet solutions for consumers.
pyypl.com2017Abu Dhabi, United Arab Emirates$31M–
Card-linked wallet services are offered via mobile app for consumers.
ziina.com2020Dubai, United Arab Emirates$30.48M–
App-based digital wallet for consumer payments
qiwi.com2008Moscow, Russia––
Consumer payments are enabled via a card-linked wallet app.
jinglepay.com2017Dubai, United Arab Emirates––
NFC-enabled prepaid wallet is linked to cards for payments.
carepay.com2015Amsterdam, Netherlands$61.81M–
Provider of a health insurance platform for global insurers
beamwallet.com2012Lisbon, Portugal$27M–
Digital wallet and reward services for electronic payments are provided.
payby.com2005Abu Dhabi, United Arab Emirates––
Mobile payment and money transfer app for consumers and businesses
foloosi.com2018Dubai, United Arab Emirates$2.5M–
App-based wallet for individuals
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Detailed competitors of Payit

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of Payit

The website of Payit (payit.ae) receives about 89.3K visits a month and ranks #488,206 among all websites worldwide, #6,599 in Banking Credit and Lending.

  • Monthly visits
    89.3K

    ▲ 9% vs previous month

  • Unique visitors
    38.8K

    per month

  • Global rank
    #488,206

    among all websites

  • Category rank
    #6,599

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with Payit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
uaecashloans.com
100%
––View details
simplylife.ae
99%
––View details
bankbychoice.com
95%
2K#7,976,167View details
deem.io
90%
69.7K#374,596View details
nationalbonds.ae
86%
95.1K#429,107View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 27 similar websites and full traffic analytics for Payit

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 27 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Payit

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Complete news archive for Payit

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Payit

10 companies that operate in the same segment as Payit (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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Frequently Asked Questions about Payit

Payit was founded in 2018.

Payit is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.

Payit is established as a leading digital wallet in the UAE, offering a wide range of financial services. Solutions such as money transfers to over 200 countries, bill payments, and QR code transactions are provided. The platform also supports education fee payments, mobile top-ups, and cash withdrawals. Various sectors including retail, education, and personal finance are served through partnerships and promotional offers. Convenience and accessibility are prioritized with no registration fees or minimum balance requirements.

Payit's top competitors include Paytm, MoneyGram and Ziina.

Payit offers Payit E-Wallet, Money Transfer, and Bill Payment.

Payit operates through Payit Wallet Powered By First Abu Dhabi Bank.

Yes. Payit publishes Payit- Shop, Send & Receive, with over 1 million downloads.

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