Remit Now and Pay Later in Instalments with This New Service
- Publish date: Friday، 20 September 2024 | Last update: Tuesday، 10 December 2024
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Botim Ultra App is set to introduce a groundbreaking 'Send Now, Pay Later' (SNPL) service, allowing users to send money internationally while paying for the transaction later in installments. This new feature aims to support the UAE's large expatriate community by offering them more financial flexibility during demanding times, such as the end of the month.
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Flexible Payment Solutions
With the SNPL service, users can send remittances instantly and choose to pay in manageable installments later. This approach is designed to ease financial pressure for those who need to support their families abroad without the immediate burden of full payments. Botim’s innovative solution positions it as the first fintech company in the MENA region to offer this unique service.
Pre-Registration for Early Access
Botim will open a pre-registration form for its 9 million users, inviting early adopters to experience instant remittance transfers with flexible payment options. This initiative follows Botim’s 2023 transformation into an all-encompassing digital platform, integrating fintech, e-commerce, GPT, and communication services.