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UAE-based expats sending money to their families every month can soon avail of a new remittance service. Send money now pay later with emirates id Tech company Astra Tech has launched the MENA region’s first-ever ‘Send Now, Pay Later’ (SNPL) service via its Botim Ultra app. The innovative service allows users to transfer money internationally instantly, with deferred payments, marking Botim as the first fintech in the region to offer this solution. The SNPL service builds on Astra Tech’s growing fintech ecosystem, which has seen rapid increases in transaction volumes. This launch positions Astra Tech to capture a larger share of the UAE’s multi-billion-dirham remittance market, following the success of its remittance services expansion in 2023. SNPL, supported by Astra Tech’s acquisition of a finance company license through Quantix, further enhances these capabilities by providing credit solutions. Botim’s nine million users will be invited to pre-register for the SNPL service ahead of its official launch.