Technology Distributions Mobile has unveiled a revolutionary, technology-driven device financing scheme to enable Nigerians from all walks of life own high-end devices.
The scheme which is in partnership with MTN Nigeria, PayJoy, Samsung and Sterling Bank, will enable Nigerians pay for devices at flexible installments.
The Managing Director, TD Mobile, Gozy Ijogun, said in a statement in Lagos, that the scheme was an opportunity to deepen smartphone penetration in the country.
Ijogun said: “With TD’s agility, millions of Nigerians are assured of the constant availability of the devices at multiple locations and in every MTN store nationwide.
“We are delighted at this development, as it will not only empower more Nigerians to own devices that are hitherto out of their reach, but will also boost smartphone penetration in Nigeria.”
The General Manager, PayJoy Africa, Dominique Friedl, said that the revolutionary nature of the device financing scheme relied heavily on technology in creating a seamless process for subscribers.
Friedl said that PayJoy’s mobile locking technology and data science enabled financial inclusion for billions worldwide.
He said: “Our secure mobile locking technology and world class data science enables people in emerging markets worldwide to qualify for smartphone financing and cash loans that would otherwise be unavailable.
“You do not have to be a working-class Nigerian or salary earner to subscribe to this scheme or own that desired device.
“All you need to do is walk into the nearest MTN store.”
The scheme will be available in designated MTN stores in Lagos, Abuja and Port Harcourt during the week.
MTN Nigeria’s Senior Manager, Data and Devices, Abiodun Ajayi, said that the offer stood out from other device financing schemes due to the convenient, flexible and value-adding benefits it provided to subscribers.
Ajayi said that there were loads of freebies and incentives to help interested customers derive more value.
He said: “These include free 2GB data every month and access to a suite of MTN offerings such as MTN Pulse, MTN Music Plus and many others.”
Shina Atilola, the Group Head, Strategy and Innovation, Sterling Bank urged Nigerians to sign up for the offer, notwithstanding their social status.
Atilola said that Sterling Bank was committed to ensuring that the devices were readily available for people’s convenience.
He said: “The scheme is open to all classes of Nigerians and you do not necessarily have to be a salary earner to qualify, so I encourage everyone to sign up for it.
“This is one of the surest and most convenient ways to own a high-end smartphone without burning a hole in your pocket.”