UAE FinTech unveils save now, buy later service to encourage responsible spending – The National

UAE FinTech unveils save now, buy later service to encourage responsible spending – The National

UAE FinTech app Sav has introduced a save now, buy later feature to promote disciplined savings among residents amid increasing price pressures and higher borrowing costs.

The feature encourages people to adopt a savings-focused approach to big-ticket purchases rather than rely on credit and accumulate debt, the company said this week.

The SNBL feature presents an alternative to the buy now, pay later, or BNPL trend and incentivises users to practise good money behaviour and responsibly plan their purchases.