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E& Enterprise and Payit Team Up to Provide Seamless and Secure Payment Solutions in the UAE

Reading Time: 2 minutes

e& enterprise, a leading provider of payment solutions, has recently announced a strategic partnership with Payit from First Abu Dhabi Bank (FAB) to revolutionize the payment experience for businesses in the UAE. This collaboration aims to offer a seamless and secure payment experience for UAE businesses by integrating Payit’s advanced digital wallet technology with e& enterprise’s Payment as a Service (PaaS) Layer.

The partnership between e& enterprise and Payit is expected to drive digital payment adoption rates, increase conversion rates, and enhance overall customer satisfaction. Miguel Angel Villalonga, COO of e& enterprise, expressed his excitement about the partnership, stating that it marks a significant step towards enabling digital transformation and cashless payments for businesses in the UAE. He emphasized the role of e& enterprise’s Payment as a Service platform in providing a secure and comprehensive payment acceptance ecosystem to businesses.

e& enterprise is committed to empowering businesses of all sizes with secure, reliable, and customizable payment acceptance solutions to facilitate their digital transformation journey. With a strong focus on customer satisfaction and innovative digital payment tools, e& enterprise aims to be a valuable digital transformation partner for UAE businesses, offering a frictionless payment experience tailored to the unique needs of each customer.

Nitin Bhandari, SVP and Head of Wallet at First Abu Dhabi Bank (FAB), expressed his satisfaction with the partnership, highlighting the opportunity to bring Payit’s digital wallet technology to businesses across the UAE through e& enterprise’s PaaS platform. He mentioned that all current and future merchant partners using e& enterprise’s PaaS Platform will now be able to accept digital payments directly from Payit wallets without the need for additional technical enhancements or investments. The Payit digital wallet is designed to provide cash-dependent consumers with a convenient alternative to traditional bank products, offering a wide range of services including international money transfers, peer-to-peer payments, merchant payments, bill payments, and local bank transfers.

Overall, the partnership between e& enterprise and Payit is set to transform the payment landscape for businesses in the UAE, making cashless transactions more accessible and convenient for both merchants and consumers. With a focus on innovation, security, and customer satisfaction, this collaboration is poised to drive digital transformation and accelerate the transition to a cashless society in the region.

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