Yes, you can use payit immediately after you on-boarded in less than 2 minutes and start making transactions on the app itself. You only need your Emirates ID and your mobile phone.
However, note that individuals will fall under 2 categories – Verified or Unverified. Verified individuals are users who have submitted their KYC documents. These users have full access to the app with higher limits (AED 25,000). Unverified individuals who have completed registration in-app and are yet to submit their KYC documents. They have restricted access to the app (no cash out allowed) and have small limits (up to AED 3,500). They will remain in this state until the completion of the KYC handover, which can be requested in the app seamlessly.
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