UAE’s e& enterprise & Payit unite to offer secure payment experience

E& enterprise-Payit Partnership
Officials during the signing ceremony.
By Shilpa Annie Joseph, Official Reporter
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e& enterprise has announced a strategic partnership with Payit from First Abu Dhabi Bank (FAB) in order to transform payment acceptances and elevate customer satisfaction for businesses across the UAE.

By integrating with e& enterprise’s Payment as a Service (PaaS) Layer, businesses can offer their customers a simplified and secure payment experience through Payit’s advanced digital wallet technology.

Further, the partnership will increase digital payment adoption rates, boost conversion rates, and enhance overall customer satisfaction.

Miguel Angel Villalonga, COO of e& enterprise, said that, “We’re excited to partner with Payit, taking a big step towards enabling digital transformation and cashless payments for businesses. Our Payment as a Service platform plays a key enablement role in this process, providing a secure and comprehensive payment acceptance ecosystem.”

“With this partnership, we aim to offer businesses enhanced payment acceptance instruments, empowering them to provide their customers with a frictionless payment experience. By leveraging our strengths and expertise, we’re confident that we can revolutionize business transactions, enhancing operational efficiency and customer satisfaction,” the e& enterprise COO added.

Nitin Bhandari, SVP and Head of Wallet at First Abu Dhabi Bank (FAB), stated that, “We are happy to partner with e& enterprise and be part of their PaaS platform for online payment processing, bringing our digital wallet technology to businesses across the UAE. All current and future merchant partners using e& enterprise’s PaaS Platform can now also accept digital payments directly from Payit wallets, with no additional requirement for technical enhancements or extra investments. Our Payit digital wallet has already introduced many individuals to the convenience of cashless transactions, and we look forward to expanding its reach with e& enterprise’s PaaS platform.”

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