MTN Zambia launches payment plans for mobile devices

October 3, 2017 • Mobile and Telecoms, Southern Africa, Top Stories

MTN Zambia and Stanbic bank

MTN Zambia has partnered with Stanbic Bank to launch payment plans for mobile devices.

MTN Zambia has launched a financing system that will enable customers to acquire mobile devices and data packages using flexible payment plans. The financing system will be offered by the bank and it will be exclusively for Stanbic Bank clients who need flexible payment plans.

Stanbic Bank clients can also buy voice and data connectivity plans offered by MTN using Stanbic Bank channels at agreed payment periods.

According to the company, the device financing solution will give MTN subscribers and Stanbic Bank customers an affordable service that will allow them to access data, voice, SMS and home connectivity plans as part of a package through MTN’s Enterprise Business Unit and Service Centres nationwide and the Stanbic Bank’s Private Banking Suites.

Zweli Manyathi, Standard Bank’s Chief Executive of Personal and Business Banking for Africa, said the partnership by Stanbic and MTN was key to driving financial inclusion for customers.

MTN Zambia CEO Charles Molapisi said the package that was being rolled out would enable more customers to acquire digital devices that have become a major part of people’s lives today. Molapisi said digital inclusion was key to driving financial, health and educational inclusion.

Edited by Fundisiwe Maseko
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