Samsung Finance+, a flexible payment option for Galaxy devices, is launched by Samsung Philippines and UnionBank.
It is an application-based financing product offered by Samsung Electronics Philippines and Union Bank of the Philippines, a Bangko Sentral ng Pilipinas-licensed finance institution. Customers can buy Galaxy devices with 0 percent interest, no processing fees, and no down payment with this app. Among its offerings are access to credit, device upgrades, and a simple application process.
Samsung Finance+, available at all Samsung Experience Stores and over 1,000 partner retailers nationwide, offers the financing. Fully digital applications take 20 to 30 minutes. After loan approval, consumers can buy the device through Samsung Finance Plus.
Further, Samsung Finance+ offers 0 percent interest, zero processing fees, and 0 percent down payment subject to bank clearance, making it more flexible than other finance programs. With one government-issued ID, approvals can be processed faster.
Security measures like Samsung Knox Guard safeguard against theft, loss, and financial default. Samsung devices have built-in hardware-level protection to prevent fraud and theft if lost while still on loan. Once a phone is reported stolen or misplaced, Samsung Finance+ can lock it using Knox Guard.
Meanwhile, Samsung Finance+ helps more Filipinos develop healthy financial habits by providing a systematic budget management framework. Once a customer's loan is accepted, the Samsung Finance+ mobile app is auto-installed on the new device, giving users convenient access to loan details like repayment schedules and payment options.
Min Su Chu, Samsung Electronics Philippines President, said:
Our goal is to provide the opportunity for more Filipinos to experience the Galaxy ecosystem. With Samsung Finance+, owning a Galaxy device is now easier, more accessible, and worry-free than ever before.
Ana Aboitiz-Delgado, Institutional Banking Head of UnionBank, stated:
UnionBank is proud to partner with Samsung in making innovative technology more accessible to Filipinos through Samsung Finance+. Together, we are empowering more individuals to achieve their goals and stay connected in a digital-first world.
During the launch event, Samsung's partner dealers shared their experience with Samsung Finance+ and how it encouraged more customers to buy Galaxy phones. They also discussed their 2025 rollout plans for this financing service with consumers.
Purchasing Galaxy smartphones via Samsung Finance Plus is undoubtedly a fantastic deal and a cost-saving option for customers.
You may now avail yourself of the latest Samsung Galaxy devices, such as the Galaxy Z Fold6 and Galaxy Z Flip6, the Galaxy S24 Series, and the Galaxy A16 LTE and 5G via Samsung Finance+ for up to 24 months at a 0 percent interest rate. Down payment may vary subject to bank approval.
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