Abu Dhabi, UAE, 19 August 2026: 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 financialplatform, 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 unexpected expense or managing finances between paydays, customers don’t always have the flexibility to send money when it’s needed most. Payit is addressing this everyday challenge by enabling eligible customers to complete international transfers immediately and repay the amount within 30 days.
The launch reflects Payit’s continued focus on designing financial services around customers’ lives – not products. As customers’ financial needs evolve, Payit is evolving with them, offering smarter and more flexible ways to manage, move and access money through one seamless digital experience.
Fully integrated within Payit’s existing remittance experience, Send Now Pay Later allows eligible customers to access additional flexibility without changing the way they transact. Customers can continue sending money through the familiar Payit journey while benefiting from a more convenient and seamless financial experience.
The new capability is the latest addition to Payit’s growing digital financial platform, which is designed to simplify everyday money management by bringing together payments, remittances, rewards and financial services in one secure and intuitive experience.
By continuously introducing solutions that solve real customer needs, Payit is redefining digital financial services-not by adding complexity, but by giving customers greater flexibility, convenience and control over their finances.
-ENDS-
About First Abu Dhabi Bank (FAB)
Headquartered in Abu Dhabi with a global footprint beyond 20 markets, FAB is the finance and trade gateway to the Middle East and North Africa region (MENA). With total assets of AED 1.41 trillion (USD 384 billion) as of June-end 2026, FAB is among the world’s largest banking groups. The bank provides financial expertise to its wholesale and retail client franchise across three business units, including Investment Banking & Markets, Wholesale Banking, and Personal, Business, Wealth & Privileged Client Banking Group.
FAB is listed on the Abu Dhabi Securities Exchange (ADX) and rated Aa3/AA-/AA- by Moody’s, S&P, and Fitch, respectively, with a stable outlook.
On sustainability, FAB holds an MSCI ESG rating of ‘AA’, ranks first among MENA banks and is within the top tier of global banks according to LSEG ESG Scores (formerly Refinitiv ESG Scores). FAB is also rated in the best Sustainalytics ESG Risk Rating category among global banks, with a Low ESG Risk.
For further information, visit: www.bankfab.com
To access our latest disclosures and presentations, please visit www.bankfab.com/en-ae/about-fab/investor-relations
For investor-related queries, please contact FAB Investor Relations team on ir@bankfab.com
About Payit Digital Wallet
Payit is a multi-service digital financial platform designed to help customers send, spend, save, and borrow through one simple and secure app experience.
Built around everyday money needs, Payit enables customers to send money locally and internationally, pay bills, shop online and in-store, access digital payments, receive salaries, earn rewards, and access instant borrowing and microfinance capabilities.
Payit offers customers a range of account options, including the Payit Universal Account and Payit Plus salary account, providing accessible and user-friendly digital experiences designed to support different customer needs and lifestyles.
With multilingual support, fast digital onboarding, rewards, and a growing ecosystem of everyday money features, Payit continues to expand access to digital banking experiences and support inclusive digital banking across the UAE.