Samsung launches Finance+ programme in India
Samsung India on Tuesday launched its popular digital lending programme Samsung Finance+ for consumers to buy its wide range of consumer electronics products this festive season.
New Delhi, Oct 18 (IANS) Samsung India on Tuesday launched its popular digital lending programme Samsung Finance+ for consumers to buy its wide range of consumer electronics products this festive season.
The company said that Samsung Finance+ is a simple, universally accessible digital lending platform wherein consumers will be able to upgrade to their favourite premium Samsung consumer electronics product by getting a loan sanctioned within 20 minutes at retail stores across the country.
"At Samsung, consumers are at the heart of everything we do. Samsung Finance+ is a testimony to our consumer-centric innovation and will help drive financial inclusion, furthering our commitment to Powering Digital India," Mohandeep Singh, Senior Vice President, Consumer Electronics Business, Samsung India said in a statement.
"We are positive that Samsung Finance+ will touch the lives of millions of consumers, especially those who are new to credit and are in semi-urban and rural markets," he added.
The company mentioned that it is launching Samsung Finance+ at around 3,000 consumer electronics stores in 1,200 cities across the country.
It also plans to take Samsung Finance+ to more than 5,000 retail outlets in appx 1,500 cities by the end of 2022, supporting consumers during the festive period.
The Samsung Finance+ platform was developed in India at the Samsung R&D Institute Bangalore (SRI-B), where engineers worked closely with the Samsung India team to assess consumer requirements and design the features of the platform, the company noted.