Payit Launches Send Now Pay Later, a BNPL Feature Built Into International Transfers

Payit, First Abu Dhabi Bank’s (FAB) digital wallet, has launched Send Now Pay Later (SNPL), a feature that lets eligible customers send money internationally immediately and repay within 30 days. Rather than launching a standalone lending product, FAB built Payit Send Now Pay Later directly into the wallet’s existing remittance flow, so sending and repaying happen inside the same transfer a customer already knows how to make.

How Send Now Pay Later actually works

The flow runs in five steps, per Payit’s own product page: open the SNPL section in the app, complete an eligibility check, get an approved credit limit within minutes, send the transfer using that limit, then repay the full amount within 30 days. If a transfer exceeds the approved SNPL limit, the customer can cover the remaining balance directly from their Payit Digital Account.

Eligibility runs on KYC information, income verification, and repayment history already on file with FAB, checked instantly in the app rather than through a branch visit or a separate loan application. Payit markets the feature around specific, time-pressured use cases: emergency family support, tuition and school-fee deadlines, medical bills, and festival remittances, moments where a customer needs to send money before the funds to cover it have actually landed.

The fee detail the news coverage missed

Payit mentions an AED 10 late-payment fee applies if the 30-day window is missed, on top of the one-time service fee and standard transfer fee that already apply to the underlying remittance. Neither the credit limit range nor an interest rate is disclosed anywhere, and no named FAB or Payit executive has publicly commented on the launch.

Also, read 5 Fintech Apps Every UAE Resident Actually Uses in 2026

Why it matters

For customers who send money regularly

A UAE-based earner sending money home against a paycheck that hasn’t landed yet, or covering an unplanned medical or family expense abroad, no longer has to choose between waiting or finding cash upfront. Send Now Pay Later closes a real timing gap rather than an access gap: the customer already banks with FAB and already uses Payit to send money, so the feature adds flexibility to an existing habit instead of asking them to adopt a new one.

For Payit and the wider BNPL market

Embedding a credit feature inside a high-frequency use case like remittances gives FAB a lending touchpoint it can underwrite against data it already holds, rather than building a standalone BNPL brand from scratch. It also puts a bank-owned wallet directly into a market segment, buy-now-pay-later on cross-border transfers, that has mostly been built by standalone fintechs rather than banks themselves, a distinction worth watching as more UAE banks look at BNPL as a feature rather than a separate product line.

FAQ

Editor’s take: Worth checking a bank’s own product page directly before assuming a flexible remittance feature is free, the answer is usually already published, just not in the press release. What’s still open is the credit limit range and how FAB actually prices the risk on instant, data-driven approvals, neither of which is public yet.