FAB launches Send Now Pay Later service for international money transfers
Abu Dhabi: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has announced that Payit, its digital financial platform, has launched Send Now Pay Later (SNPL), giving eligible customers greater flexibility and control over how they send money internationally. Whether it’s supporting family during an emergency, responding to an…
Abu Dhabi's First Abu Dhabi Bank (FAB) has launched a new Send Now Pay Later (SNPL) service through its digital financial platform, Payit. This initiative aims to provide eligible customers with greater flexibility and control over sending money internationally. Payit recognizes that customers often face challenges in sending money when it's most needed, such as during emergencies or unexpected expenses.
The new service enables customers to complete international transfers immediately and repay the amount within 30 days. The integration of SNPL within Payit's existing remittance experience allows customers to continue transacting in the familiar Payit way while enjoying a more convenient financial experience. As Payit continues to evolve with customers' changing financial needs, the platform now offers smarter and more flexible ways to manage, move, and access money in a seamless digital experience.
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