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Telemart, one of Pakistan’s top e-commerce platforms, has joined hands with Alif Innovations to address the growing issue of smartphone affordability in Pakistan by introducing installment facility for Pakistanis using Debit and Credit Cards of Master and Visa.
“With around 50 million debit and credit card users in Pakistan, this partnership opens up opportunities for consumers to purchase smartphones in 6 monthly installments. The installment plan is available for smartphones priced between PKR 30,000 and PKR 100,000. This installment program is designed to ease the financial burden of tech upgrades, a key need in a nation with low smartphone penetration,” the release maintained.
It added “The plan is available online via Alif Shop App, ensuring that customers across Pakistan can benefit from the convenience of purchasing smartphones on easy terms. For offline shoppers, the installment service will initially be available at selected Telemart stores during the pilot phase. Following the pilot, the plan will be expanded to more stores across the country, making it accessible to a wider audience.”
To ensure secure payments, Telemart is using state-of-the-art technology in partnership with a Global Tech company to block smartphones in case of default or non-payment from customers.
The collaboration between Telemart and Alif Innovations brings smartphones within easier reach for millions of Pakistanis. This initiative aims to provide a practical solution to smartphone affordability, supporting greater access and convenience for consumers across the country, it concluded.
