MTN, M-KOPA introduces flexible payment terms for 4G Smartphone lovers in Uganda

Date: 2022-03-17
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MTN Uganda says it has reinforced its partnership with M-KOPA, a fintech platform in a bid to avail 4G smartphones at instalment payment terms as a way of making them accessible to the people who may not be able to pay for smartphones, upfront.

This according to a statement issued on the official website of MTN Uganda, follows a successful partnership between MTN and M-KOPA last year that enabled the sale of over 70, 000 smartphones on M-KOPA’s fintech platform, which has financed over 2 million customers across Africa.

The statement noted that under the partnership 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 data from MTN, every day for a year as they use their smartphones.

The MTN Uganda High-Value Segment Marketing Manager, Ian Mugambe noted that 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 more than just a phone. It is an enabler for work, business, education, and access to a wealth of information that can help people get ahead in life. However, many people fail to own smartphones due to their high cost of purchase. Therefore, by availing of such a flexible payment solution coupled with free daily data, we believe many more people will now find owning a smartphone much easier,” he said.

Commenting on the partnership M-KOPA Uganda spokeswoman, Brendah Nambalirwa also stated that the partnership has already proven to be a successful way to accelerate smartphone penetration and digital inclusion in Uganda.

“Affordable payment solution for our 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 a myriad of services. Many of our customers are doing so for the very first time,” she noted.

The partnership, MTN Uganda believes is one of the various customer-centric partnerships it has undertaken with a vision of driving digital inclusion through accelerating penetration.

By: Kanto Okanta

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