What is PayBy? PayBy Review

PayBy is a local mobile payment service jointly launched by Abu Dhabi-based financial technology company PayBy and First Abu Dhabi Bank (FAB). Consumers can use the PayBy application on their smartphones to make cashless payments at physical stores. In addition, users can also use PayBy to complete cash on delivery, purchase goods online, receive instant transfers, and share cash gifts with family and friends.

About Pay By Group

PayBy Group is a company that solves the problem of users splitting expenses when dining out with friends or family. It also works in retail and gift registries, but travel is its main target market, mainly appearing in the checkout process on merchant websites.

Recently, PayBy Group received US$3.4 million in seed round financing, led by SparkLabs Global Ventures, with participation from Great Oaks CAPItal, 500 Startups, Payment Ventures, Amino Capital and Kima Ventures.