Collect business payments with a Virtual Account and Digital Wallet
Trusted by leading brands in UAE
Everything you need to collect and map payments seamlessly
Unique virtual bank account
Get a unique virtual account for your business in association with FAB with a unique identification number associated with your merchant wallet.
All you need to do is share a few details about you and your business to complete KYC.
Connected merchant wallet
Collect payments from over 1.5 billion wallet users worldwide with AliPay, Botim and PayBy. Easily streamline payments collected via other PayBy payment modes including POS, online payment gateway, auto-debit, etc.
Accept cash and cheque payments
Let customers make payments via cash and cheques deposited at FAB kiosks.
Transfer your account balance in parts or in full to any other VAM, merchant wallet or bank account.
Enhance safety and prevent fraud by leveraging a virtual account and wallet built using robust technology that meets up-to-date industry compliances.
Your virtual bank account number stays hidden during all transactions.
Real-time reconciliation and settlements
Match all incoming and outgoing business payments to individual branches/ departments/ accounts in real-time, and easily keep track of all transactions on one dashboard.
Automate payment reconciliation and settlements.
Stay on top of your business’s daily, weekly, and monthly sales with easy-to-read graphs and downloadable reports.