Access Bank unveils Smartphone for Device Financing Scheme

Nigeria’s leading retail bank, Access Bank Plc had gone out of their way to lead in innovative economic digital finance solutions, by introducing the Device Finance scheme in order to provide more Nigerians with access to credit. The scheme was initiated to provide salaried customers with the opportunity to purchase smartphones of their choice and pay over a period of twelve months.

According to the Executive Director, Retail Banking, Victor Etuokwu interjected that, “Access Bank has taken the initiative to lead the digitization of lending in Nigeria and wants every customer to benefit from the modern connected lifestyle. Through our revolutionary and ground-breaking credit schemes such as Device Finance, we will see more Nigerians get connected to do more in business online and enjoy social lifestyle of their choice. And that is the kind of change that we want to see.”

“Device Finance is designed to finance the purchase of devices under a contract arrangement. The financing scheme currently includes smartphone devices, where customers can enjoy additional benefits with an optional monthly airtime bundle, which can also be converted to data. Under the Device Finance scheme, we are offering a variety of smartphones from TECNO to the iPhone series ranging from ₦12,500 – ₦325,000, where customers pay anything from ₦1,500 a month to ₦30,000 a month, depending on the selected device.” He assured.

Etuokwu added further that, “The Device Finance airtime bundles range from ₦2,750 – ₦22,750 and our partnership with MTN allows MTN users benefit from huge discounts, where customers can also get some devices for free by adding the monthly MTN airtime bundle subscription.”

In addition, it was stated that, the new revolution is available to all Access Bank salaried customer and it can be purchased at competitive market prices, spread across a twelve-month repayment period. In which Customers can access the Device Finance scheme by downloading the QuickBucks app from their Apple iOS App Store or Google Play store and follow the prompt steps.