Pakistan‘s caretaker minister for IT, Dr. Umar Saif, says that soon the facility of buying mobile phones on contract basis or in installments is being brought in the country.
While holding a press conference along with caretaker Information Minister Murtaza Solangi in Islamabad on Wednesday, caretaker IT Minister Dr. Umar Saif said that the number of mobile users in Pakistan is high but people cannot buy expensive phones.
He said that many people in Pakistan use phones, but they are cheap phones, because buying a phone worth 80,000, 200,000 or 300,000 is not within the reach of everyone.
He said that ‘for this we are bringing a mobile phone scheme on contract basis or in installments along with Pakistan Telecommunication Authority (PTA).’
According to him, under this scheme, people will now be able to buy mobile phones on installments.
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Explaining it, he said that the most important thing was that if someone does not pay the installment, what will happen? ‘So the mechanism has been made for this that if someone does not pay the installment, the mobile phone will be blocked.’
A policy has been made and a procedure has also been made in this regard, which is called cell phone financing. Now people can easily buy phones on installments and the market of high end mobile phones will also increase in Pakistan.
According to Dr. Umar Saif, Pakistan is currently the seventh largest mobile phone market in the world. He says that there are about 12 to 13 crore mobile phones in use in Pakistan.
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#Expensive #mobile #phones #installments #Minister
Analysis: Pakistan Introduces Mobile Phones on Installment Facility – A Game-Changer for the Nation
In a recent press conference held in Islamabad, Pakistan’s caretaker minister for IT, Dr. Umar Saif, announced that the facility of buying mobile phones on contract basis or in installments is being introduced in the country. This move is expected to benefit the large number of mobile users in Pakistan who often struggle to purchase expensive phones.
According to Dr. Umar Saif, despite having a high number of mobile users in Pakistan, many people find it challenging to buy expensive phones. The introduction of mobile phones on installment facility is likely to bridge this gap and make it easier for people to access the latest mobile technology.
Interestingly, this concept is not new to Pakistan. A quick search online reveals that several retailers and online stores, such as Hanif Centre in Lahore [[1]], Winstore.pk in Karachi, Lahore, and Islamabad [[2]], and Qistmarket [[3]], are already offering mobile phones on installment plans. However, with the government’s backing, this facility is expected to become more widespread and accessible to people across the country.
The introduction of mobile phones on installment facility is a significant development for Pakistan, as it will allow people to stay connected and access the internet without having to pay the full price of a mobile phone upfront. This move is also expected to boost the country’s economy, as it will increase the demand for mobile phones and other related accessories.
Furthermore, this facility is likely to benefit low-income households, who may not have the financial resources to purchase expensive phones. With the installment plan, they will be able to pay for the phone in easy installments, making it more affordable and accessible.
the introduction of mobile phones on installment facility in Pakistan is a welcome move that is expected to benefit a large number of people. With the government’s support, this facility is likely to become more widespread and accessible, making it easier for people to stay connected and access the internet. As a nation, this move is expected to boost the economy and bridge the digital divide, making Pakistan a more connected and prosperous country.
References:
[[1]]https://www.hcsupermart.com/product-category/mobile-on-installments-in-lahore/
[[2]] https://www.winstore.pk/collections/mobile-phones-on-installment
[[3]]https://qistmarket.com/product-category/mobiles-on-installment/?srsltid=AfmBOorZPb6fBLV270rBiNmsCaelHCfoVl6OqLgUo8lDBcC97TiYpWmu
