Credit Mall Limited has launched the Buy Now, Pay Later with Ascend Smartphone Financing Initiative, aimed at increasing smartphone accessibility for low-income Ghanaians. The initiative allows customers to acquire smartphones with a minimal 10% down payment, followed by flexible payment plans that can be tailored to their financial situations—daily, weekly, or monthly. Gerard Badaweh Yitamkey, the Managing Director, emphasized that this initiative is designed to empower more individuals to enter the digital space by making smartphones financially accessible. Customers have a maximum of six months to pay off the remaining balance after the down payment. However, there's a caveat: failure to complete payment will result in the smartphone being locked, restricting the user from making calls or sending messages. Currently, the financing option is available for select Android brands, including Samsung, Tecno, and Infinix, making it a practical choice for many looking to upgrade their mobile devices.
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