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Nairobi Business Monthly
Home»Briefing»OPPO Partners with Lipa Later to offer credit payment plan
Briefing

OPPO Partners with Lipa Later to offer credit payment plan

NBM CORRESPONDENTBy NBM CORRESPONDENT3rd August 2018Updated:23rd September 2019No Comments2 Mins Read
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OPPO Mobile has entered into a partnership with Lipa Later, a credit offering company to allow customers to purchase OPPO devices by instalment as it aims to increase the sales and stump foot in the Kenyan market.

The payment plan will allow customers to enjoy a 3.5% interest rate on purchase of OPPO F7, a drop from the initial 4%.

According to Jesse Wu, brand manager, OPPO Kenya, the new arrangement will have a great impact on OPPO F7 and all OPPO devices sales that currently is performing well in the market because of the quality and uniqueness of the device.

The Nairobi Law Monthly September Edition

“Since we launched OPPO F7 in May, there has been increased uptake of the device because of its unique features including 25 Megapixel and Artificial Intelligence capabilities as well as its 6.23-inch Super Full Screen, the largest in the market. Through this credit payment option; more customers will have an opportunity to access this great device thus boosting our revenue in sales,” said Wu.

At the same time, Lipa Later’s business development manager Claudine Gakundi is optimistic that this partnership will give an opportunity to customers who would like to own a good Smartphone and cannot pay upfront. “At Lipa later we guarantee full payment of your device as we give you an opportunity to pay without a hustle,” Gakundi said.

For the last 10 years, OPPO has been focusing on manufacturing camera phones, while innovating mobile photography technology breakthroughs.  In 2016, OPPO was ranked number 4 Smartphone brand globally, according to IDC. Today, the company is confident that this partnership will increase sales of its products and accelerate Smartphone mobile penetration as Kenya is a strategic conduit in the Eastern African market. 

The Nairobi Law Monthly September Edition
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