bmobile and JMMB Express Finance partner for smartphone financing
Port-of-Spain, Trinidad – December 19, 2018
Owning a smartphone is almost a prerequisite for existing in today’s hyper connected world.
While there are many options on the market, smartphones that boast the latest features and all the “oomph” of a computer can cost a small fortune. For customers who would rather not spend thousands upfront on their dream device, bmobile and JMMB Express Finance(T&T) Limited, the consumer-lending arm of the JMMB Group in Trinidad and Tobago, have partnered to provide an easy financing facility that would make a wide range of handsets available through affordable payment plans.
This Christmas promotion, which kicked off on December 15, promises benefits such as affordability, convenience and accessibility.
TSTT’s Chevon Wilson explained that mobile carriers and financial institutions in the United States, and leading smartphone brands; Apple and Samsung, offer financing facilities that make it easier for customers to purchase handsets of their liking. “bmobile is a customer-centric brand and we never want our customers to have to compromise on quality. Locally, it’s impossible to turn a blind eye to the current financial constraints that many face so we are even more determined to find innovative ways to make the latest technology available to customers. We are extremely pleased that this partnership with JMMB Express Finance affords customers the opportunity to get their hands on the most advanced handsets, without having the financial setback of paying the full price upfront” stated Wilson.
The vast utility of these smartphones, enhanced by the millions of mobile apps available, make them ultra-appealing to users with diverse needs. From having information at your fingertips and access to email and banking on-the-go to navigation, entertainment, education transportation, and social media – the uses for smartphones keep rising.
Through this initiative, customers will have the option of purchasing up to two 4GLTE capable phones, at any authorized bmobile channel partner – at half the interest rates charged by other consumer finance and hire purchase options. JMMB Express Finance’s CEO, Elson James, indicated that he too is extremely pleased with the partnership; “We, at JMMB Express Finance, are excited to bring affordable smartphone financing to bmobile customers. In designing the program, flexibility and financial freedom were placed at the fore. As such, there’s no penalty for early repayment and customers who stay current with their installments will qualify for annual upgrades to their handsets. Our intent is to ensure that all customers, receive quick feedback to their application, a seamless process and most importantly to be treated with their best interest at heart. That’s the JMMB way!”
Framed as a full digital experience, customers can apply for financing from the comfort of their homes and access convenient locations nationwide to pay for their smartphones. These locations include at JMMB Express Finance, JMMB Bank, NLCB Lotto Booths and SurePay locations. Payment options include 1-year and 2-year payment terms and as an added bonus, customers can buy their smartphones this December and not have to make their first payment until February 2019. bmobile customers who are citizens of T&T and meet JMMB Express Finance’s requirements can qualify for this promotion.