MTN Uganda, M-KOPA unveil partnership to ease acquisition of 4G Smartphones with flexible payment terms.
In a bid to make it easier for customers to acquire 4G Smartphones at affordable installment payment terms, MTN Uganda unveiled a partnership with M-KOPA, where customers can choose from a wide range of up to 11 assorted Samsung and Nokia devices from M-KOPA and finance them for up to one year while enjoying free daily data from MTN, for a year as they use their smartphones.
Customers can opt for a daily, weekly, or monthly payment plan for any of the devices they choose to purchase upfront deposit of between UGX 100,000 to UGX 200,000, depending on the model of the phone.
Attending the official launch of the MTN and M-KOPA partnership, Ian Mugambe, the MTN Uganda High-Value Segment Marketing Manager said the partnership is aimed at enabling the public to acquire smartphones in the most financially convenient way that doesn’t affect their cash flow.
“With the current digital evolution, a smartphone is an enabler for work, business, education and access to information. However, many people fail to own smartphones due to their high cost of purchase. By availing such a flexible payment solution coupled with free daily data, we believe many more people will now find owning a smartphone much easier,” said Mugambe.
Brendah Nambalirwa; the spokeswoman M-KOPA Uganda said the partnership has already proven to be a successful way to accelerate smartphone penetration and digital inclusion in Uganda.
“Customers, who would ordinarily find it difficult to access credit or save large deposits, can now instantly have a 4G smartphone in their hands and connect to the internet for countless services,” said Nambalirwa.
By partnering with M-KOPA, MTN has demonstrated its commitment towards breaking the barriers to smartphone penetration in the country, as well as helping customers access the best internet experiences in the land with the world-class devices provided by M-KOPA.
Customers will also get free daily data of 50MBs from MTN for a full year while they finance their smartphones relatedly following MTN’s repackaging of its daily data bundles to offer customers up to 80% more data at the same existing prices, thus making the internet more affordable and giving customers more value for their money.
The 2021 partnership between MTN and M-KOPA successfully enabled the sale of over 70,000 smartphones on M-KOPA’s Fintech platform, which has financed over 2 million customers across Africa.
By Racheal Nuwahereza.