Govt launches interest-free installment smartphones scheme

Interest-Free Installment services

ISLAMABAD: Federal Minister for Information Technology and Telecommunication Syed Amin Ul Haq launched an interest-free installment scheme to buy smartphones, ARY News reported.

As per details, the smartphone-for-all scheme was launched for low-income people who cannot afford to pay a huge sum of the amount at once.

The initiative was launched by the IT ministry in a joint collaboration between GSMA and Pakistani start-up QisstPay.

Addressing the launching ceremony, federal minister Amin Ul Haq said that under the scheme anyone can obtain a Smartphone easily just through CNIC, without any lengthy documentation hassle.

In the first phase smartphones worth 10,000 to Rs. 100,000 will be distributed in 3 to 12-month instalments.

Read more: IT MINISTER AMINUL HAQUE URGES META TO OPEN OFFICE IN PAKISTAN

Earlier, the Federal Minister for Information Technology and Telecommunication Syed Aminul Haque urged Meta, the parent company of Facebook, to establish its office in Pakistan.

In a series of tweets, the Ministry of IT & Telecom shared that the minister met a high-level delegation from Meta in Romania. Some 186 ministerial delegations have gathered in Bucharest, Romania for the Ministerial Conference of the International Telecommunication Union



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