First Abu Dhabi Bank (FAB), the UAE’s largest bank, has launched a new sound-based payment system through its digital wallet payit.
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Customers can now use payit across many merchants in the UAE and make secure payments using their mobile phones by listening to the sound and clicking “pay”.
FAB said it is continuously investing in developing innovative solutions for clients to deliver value.
Hana Al Rostamani, group head of the Personal Banking Group, said: “FAB is committed to bringing innovative solutions to its customers to enable them to grow stronger.
The sound-based payment technology on payit was developed in collaboration with our fintech partners.
“The move, yet again, demonstrates that we are open to working with the right fintech companies to provide value to our clients. The payments industry is going through an enormous evolution and at FAB we aim to be at the forefront in driving innovation”.
UAE residents can download the payit app from the App Store or Google Play Store.
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