In an unprecedented effort to provide customers with cheap smartphone financing options, Telenor Pakistan has partnered with Kistpay, Pakistan’s top smartphone finance provider.
In order to emphasize the significance of this partnership, a signing ceremony was held. Irfan Wahab Khan, CEO of Telenor Pakistan, Asif Jafri, CEO of Kistpay, Julian Gorman participated in the signing cermony. Also the Head of the APAC Region GSMA, Saira Faisal, Country Lead, and Jeanette Whyte, Head of Public Policy APAC GSMA, participated virtually.
The partnership’s centerpiece is the introduction of Shariah-compliant phone installment plans. These were developed especially for the substantial number of Pakistani customers of Telenor.
With user-friendly installment-based financing solutions that adhere to Shariah (interest-free) rules. Moreover. the collaboration provides an inclusive solution for people from middle to low income socioeconomic groups and encourages smartphone ownership.
Through this first-of-its-kind relationship, the partnership intends to accelerate digitalization in the nation. Also to empower communities by making smartphone purchases simple and affordable.
Chief Executive Officer of Telenor Pakistan, Irfan Wahab Khan, reacted on the development, saying, “We are committed to forming significant alliances. It will improve the quality of life for our clients.
Furthermore our collaboration with Kistpay represents a major advance in providing innovative and essential solutions. That close the digital divide and advance inclusion. Our smartphone financing enables digital inclusion for all. It fosters connectivity and participation in the digital revolution.
‘We are delighted to be collaborating with Telenor Pakistan to bring smartphone payment to clients all over Pakistan. As it falls in line with the ‘Smartphone for All’ effort that Kistpay and GSMA initiated last year in October 2022,’ said Mr. Asif Jafri, CEO of Kistpay.
We are comfortable in our capacity to increase smartphone accessibility and affordability for a larger segment of the public. By fusing our knowledge of digital financing with Telenor Pakistan’s enormous reach and reliable services.
By addressing the changing needs of digital consumers, the collaboration of Kistpay and Telenor Pakistan represents a milestone in cellphone financing in Pakistan.
However, this collaboration enables people to fully engage in the online economy. By increasing the variety of affordable and accessible smartphone buying solutions.
As a team, both of these organizations are dedicated to building a future that is inclusive, digital, and more connected for everyone.
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