Payit

pmt_payit

Payit is First Abu Dhabi Bank’s UAE mobile-money and account service, connecting spending with transfers and cash access. Its 2026 Universal Account extends the proposition to underserved users, while FAB ATMs and digital payment options link the app with cash and electronic funds.

Use cases:
Initiation:
Users
224K
Markets
1
TPV
$172M
Transactions
1.1M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

Schemes

Compliance

Standards