Youths to get smartphones without credit card

Smartphone giant Samsung's local franchisee, Fair Electronics (FE) is planning to offer young people, especially entry level executives and students, to have midlevel smartphones at easy installments with affordable price, reports BSS.

"Within the next 10 to 14 days, we will run a pilot scheme where customers can have smartphones within price between Tk 15,000 and Tk 20,000 with 6-12 installments, but no credit is required for it," said FE Chairman Ruhul Alam Al Mahbub at a press conference at a city hotel on Saturday.

The Fair Electronics also has employee purchase scheme offer which also helps grow the 4G services and to push forward the country's overall digitisation, he mentioned.

"Without any credit card, customers can easily have a smartphone with almost zero down payments, but only they will have to deposit some advance cheques," said Mohammad Mesbah Uddin, Chief Marketing Officer of FE.