SOLO & Airtel are making upfront payment for phones a thing in Nigeria
In Nigeria, the norm when purchasing virtually anything is to pay the full cost at once. No such thing as upfront payment, or a only a very few practice it. SOLO and Airtel Nigeria are about to change that narrative in the smartphone market.
A device manufacturing and end-to-end digital content company, SOLO has partnered Airtel Nigeria to offer its Solo Aspire M Smartphone [1] to customers on an upfront payment basis.
To get the smartphone, customers will have to first make an initial cash deposit of ₦4,120 (or ₦4,150 as the case may be) and then pay same amount monthly for eleven months.
The device comes along with some goodies – 1GB Data, 60 minutes voice call to any network and 60 SMS for 30 days, and an unlimited social media networks bundle lasting 30 days too.
The sweetest part of the whole deal is customers will make the subsequent (that’s after the initial cash deposit) payments via recharge cards. No cash deposits, or money transfers. Just airtime!!! As for those who default on payments, the device will be locked until payment is continued.
You’re thinking this is too good to be true, right? Well, according to this report, SOLO and Airtel Nigeria will be flagging it off officially later today. Ren Money, a consumer finance company, is also part of the partnership.
This deal is only open to Airtel Nigeria subscribers who have been pre-qualified (they will get an SMS to that effect). They’ll thereafter be required to complete an application at a partner store after which they’ll be issued the Solo Aspire M Smartphone.
[1] The phone comes with 1GB Ram and 8GB ROM, Quad Core MTK6580(MediaTek), 5MP Back Camera, 2MP front Camera, 1800mAh Battery, and Android 5.1 Lollipop.
