In a groundbreaking partnership set to revolutionize smartphone accessibility, Infinix, a leading global smartphone brand, has joined hands with PalmPay, a prominent fintech platform, to make premium smartphones more affordable for users worldwide. This collaboration combines Infinix's cutting-edge technology with PalmPay's innovative financial solutions to bridge the digital divide and empower millions with modern connectivity.
Partnering
with PalmPay, Infinix is making smartphone ownership more accessible, enabling
users to stay connected in the rapidly evolving digital world. The
collaboration reflects a commitment to making advanced mobile technology
attainable for all, regardless of financial limitations.
This
partnership is set to empower budget-conscious consumers, especially those from
the limited-income segment, to own their dream smartphones without the
financial strain of upfront payments. PalmPay’s advanced and user-friendly
platform provides customers with secure, interest-free or low-interest payment
options, further enhancing accessibility to Infinix’s latest devices.
Empowering
Dreams with Easy Installments
Smartphones
have become essential tools for education, career growth, and connectivity.
However, many individuals face challenges in purchasing high-quality
smartphones due to the financial burden of single payments. The partnership
between Infinix and PalmPay addresses this gap by providing an affordable and
hassle-free installment option, enabling consumers to enhance their lives with
technology while staying within their means.
Simple,
Transparent, and Affordable
The
process is designed to be straightforward and transparent. To purchase a
smartphone worth BDT 10,000, for instance, customers need to make an initial
down payment of only BDT 2,505. This includes:
· 20%
down payment: BDT 2,000
· One-Time
Membership Fee: BDT 25
· Processing
Fee (1% of loan amount): BDT 80
· Security
Deposit (5% of total price): BDT 400 (adjusted in the last installment)
The
remaining balance, along with a nominal service charge of 2% per month, can be
paid in six equal installments of BDT 1,494 each. The last installment, reduced
by the security deposit, will be BDT 1,094. This ensures that consumers enjoy
financial flexibility without hidden costs.
How
to Avail the Facility
To
make the process accessible to all, the requirements are minimal. Customers
need to provide:
· A
copy of their NID card and mobile number
· An
original office ID card
· A
copy of their guarantor’s NID card (the guarantor must be a family member).
· Buyer
must provide proof of correct income statement
Breaking
Barriers for the Limited-Income Class
This
initiative is more than just a financing option; it’s a lifeline for those who
have long aspired to own a high-quality smartphone but were held back by
financial constraints. The partnership between Infinix and PalmPay removes the
need for credit cards, which are often inaccessible to many, and replaces it
with a flexible, inclusive solution.
For
students pursuing education, young professionals’ kick starting their careers,
and families looking to stay connected, this collaboration provides a tangible
way to enhance their quality of life. It’s a testament to the commitment of
both Infinix and PalmPay to foster inclusivity in technology adoption.
Consumers
can visit their nearest Infinix store or authorized retailer to take advantage
of this offer. With this innovative EMI facility, Infinix and PalmPay are not
only enhancing smartphone accessibility but also bringing dreams within reach
for countless individuals and families across Bangladesh.
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About
Infinix:
Infinix Mobility is an
emerging technology brand that designs, manufactures and markets an expanding
portfolio of devices worldwide under the Infinix brand, which was founded in
2013. Targeting today’s youth, Infinix focuses on developing cutting-edge
technology embodied in meticulously designed mobile devices that offer refined
style, power and performance. Infinix devices are trendy and attainable with
the end-user at the forefront of every step forward.
With “THE FUTURE IS NOW”
as its brand essence, Infinix aims to empower today’s youth to stand out from
the crowd and show the world who they are.
The company’s portfolio
of products is sold in more than 70 countries around the world in 8 regions,
covering Africa, Latin America, the Middle East, Southeast Asia, and South
Asia. As of April 2023, Infinix has one concept store in Morocco, 74 authorized
stores abroad (a 30% YoY increase), and over 46,700 retail stores worldwide. Infinix
has cultivated a strong global fanbase and hosts regular offline events to
provide early access to new products and technologies, as well as testing of
the XOS fan edition.
For more information, please visit: http://www.infinixmobility.com/
For regular updates on Infinix Bangladesh follow us
on:
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