Samsung Electronics Indonesia, the leader in the smartphone and consumer electronics market in Indonesia, launched Samsung Finance +, an instant credit solution for Samsung in collaboration with Kredivo , the leading digital financing platform in Indonesia. This is the first financial service in Indonesia that facilitates users to get their favorite Galaxy smartphone with low interest installments through an easy and fast process.
This partnership strengthens the cooperation between the two companies, where Kredivo is a service partner for Samsung Finance+ in Southeast Asia, namely in Indonesia and Vietnam.
Lo Khing Seng, Vice President of MX Business, Samsung Electronics Indonesia said, "Samsung Finance+ makes it easier for people to own quality smartphones from Samsung so they can enjoy innovations that are beneficial to their lives. This program ensures a transparent, clear, efficient and affordable credit application process supported by Kredivo. The presence of this service allows customers who want to own a Galaxy smartphone to immediately get their favorite smartphone and pay for it in installments, without worrying about cash flow."
Users who are entitled to take advantage of Samsung Finance+ services must have the following requirements: be at least 19 years old, have an original e-KTP card, have a personal email and telephone number. The 6 or 12 month installment program at Samsung Finance+ will be extended throughout Indonesia.
Currently, Samsung Finance+ also has a free 1-month installment promo for a 12-month tenor or a discount of up to 500 thousand for every purchase of a Samsung smartphone with 6-month installments until September 30, 2023.
Commenting on this launch, Krishnadas, Chief Commercial Officer of Kredivo, said, "Samsung Finance+ is a continuation of the close relationship between Kredivo and Samsung for more than 5 years in facilitating users with easy, fast and affordable financing options. Samsung Finance+ is the first smartphone financing program in Indonesia and we are very pleased to be chosen as the official launch partner by Samsung. Users across Indonesia can take advantage of lower interest rates, higher approval rates, and attractive promos available exclusively on Samsung Finance+. This program is fully aligned with our mission to serve tens of millions of users in the coming years.”
After the user completes the purchase, the Samsung Finance+ application will be immediately downloaded on the new device which will be useful for showing all loan details, including reminding the payment due date.
The system proactively sends reminders to customers to ensure timely payments. Users can also easily make monthly installment payments directly through the Samsung Finance+ application on their cell phones.
Samsung Finance+ is supported by the Samsung Knox Guard security system which protects smartphones from theft, because the smartphone will be locked if the main SIM card is replaced with another. The smartphone will be deactivated if the customer is late in making routine installment payments.
However, smartphones can automatically be used again after the customer makes payments for arrears in installments. Therefore, smartphones purchased through Samsung Finance+ are not recommended to be sold during the installment period so that people can comfortably use Galaxy smartphones optimally.
Also make sure the Galaxy smartphone you buy has an official warranty. For more information, visit https://www.samsung.com/id/finance-plus/.