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Haq launches Interest-free installment smartphone scheme

MM News Staff by MM News Staff
November 23, 2022
Xiaomi introduces 13T and 13T Pro mobile phones in Pakistan

Xiaomi introduces 13T and 13T Pro mobile phones in Pakistan

ISLAMABAD: Federal Minister for Information Technology and Telecommunication Syed Amin Ul Haq launched an interest-free installment scheme for the masses interested in buying smartphones.

As per details, the smartphone-for-all scheme was launched for low-income people who cannot afford to pay a huge sum of the amount at once.

The initiative was launched by the IT ministry in a joint collaboration between GSMA and Pakistani start-up QisstPay.

Read more: PSX under pressure as KSE-100 falls 48 points

Addressing the launching ceremony, federal minister Amin Ul Haq said that under the scheme anyone can obtain a Smartphone easily just through CNIC, without any lengthy documentation hassle.

In the first phase smartphones worth 10,000 to Rs. 100,000 will be distributed in 3 to 12-month instalments.

Earlier, the Federal Minister for Information Technology and Telecommunication Syed Aminul Haque urged Meta, the parent company of Facebook, to establish its office in Pakistan.

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