Pakistan’s IT Minister starts interest-free instalment programme for smartphones
The government’s most recent initiative to make technology more widely available has made buying cell phones significantly simpler.
The “Smartphone For All” project, which would let individuals with modest incomes purchase mobile phones through simple instalments, was introduced today in Islamabad by Federal Minister of IT and Telecom Syed Amin Ul Haque.
The programme was started in partnership with the GSMA and QisstPay, the fastest-growing instalment payment provider in Pakistan.
Julian Gorman, the GSMA’s Head of Asia Pacific, also spoke at the event in addition to Amin Ul Haq. Janet White, the head of policy, Major General (R) Aamir Azeem Bajwa, the chairman of the Pakistan Telecommunication Authority (PTA), Asif Jafri, the CEO of QisstPay, and the CEOs of Ufone, Jazz, Telenor, and Special Communication Organization (SCO) were also present at the launch event.
Amin Ul Haq, a federal minister, said during remarks at the ceremony that anyone can participate in the programme and purchase a mobile phone by paying 20 to 30 per cent of the device’s total price. He said that simply the ID card would be enough to finalise the sale, eliminating the need for any assurances or extensive paperwork.
Pakistan’s IT Minister starts interest-free instalment programme for smartphones
He added that phones priced between 10,000 and 100,000 rupees would initially be delivered over a period of three to twelve months. Modern software will be utilised in the gadgets, which won’t cost money and won’t be used anyplace else on the globe.
The plan, according to Amin Ul Haq, aims to increase phone accessibility for the general public while also introducing small enterprises to e-commerce as a way to take advantage of the industry’s potential.
