Botim becomes 1st fintech platform to offer Aani Solution via AEP

  • Date: 08-Feb-2024
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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Botim becomes 1st fintech platform to offer Aani Solution via AEP

Astra Tech, the leading consumer technology holding group in the MENA region, has entered into a partnership with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), for the launch of Aani, an advanced instant payment platform. Operated by Al Etihad Payments, Aani will allow digital payments to be processed […]Astra Tech, the leading consumer technology holding group in the MENA region, has entered into a partnership with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), for the launch of Aani, an advanced instant payment platform.

Operated by Al Etihad Payments, Aani will allow digital payments to be processed instantly, on a 24×7 basis, securely and seamlessly.

Further, Aani simplifies the payment process by allowing instant fund transfers using only the recipient’s mobile number, email, or QR code, thus eliminating the need to ask for or remember complex IBANs. The integrated solution is available on the PayBy-powered Botim app, making it the first fintech platform to offer the AEP’s Aani solution.

This innovative service enables instant and secure number-to-number money transfers, revolutionizing the fintech sector across the country. Aani sets a new industry standard by offering full interoperability across all payment services,