MTN Launches Rent-to-Own Smartphone Solution - CAJ News Africa

MTN's New Rent-to-Own Smartphones Can Be Had For "as Little As R10 A Day*" - Stuff South Africa

Smartphones are expensive. Good smartphones even more so, but you already knew that. To combat high purchase and contract prices, MTN MoMo has launched a new initiative — called Handset Rent-to-Own — that gives its prepaid customers the ability to pick up a 4/5G smartphone for “as little as R10 a day*.” MTN’s doing away with all that credit nonsense It’s not nearly as simple as MoMo makes it appear at first glance. R10/day adds up to roughly R30…

MTN launches rent-to-own smartphone solution - CAJ News Africa

by AKANI CHAUKEJOHANNESBURG, (CAJ News) – MTN MoMo South Africa has launched the Handset Rent-to-Own solution, designed to break down barriers and put the power of connectivity directly into the hands of millions of citizens. The company said this is a bold move to redefine digital inclusion. This offering empowers users, especially the unbanked and underserved to own a 4G or 5G smartphone affordably, from as little as R10 a day, with no credit …

MTN MoMo joins South Africa’s rent-to-own smartphone market

MTN MoMo South Africa has launched a rent-to-own smartphone service that allows customers to own a 4G or 5G smartphone, from as little as R10 a day, with no credit checks or paperwork required. The move places the telecom alongside the growing group of fintech-telecom hybrids, such as Vodacom Easy2Own, Pepkor FoneYam, M-Kopa, Rentoza, and Teljoy, also offering rent-to-own models. FoneYam alone has helped over 1.5 million active customers acquire…

MTN MoMo’s R10-a-Day Smartphone Offer Aims to Bridge South Africa’s Digital Divide

The telco’s fintech arm has launched a new Rent-to-Own smartphone programme, offering 4G and 5G-enabled devices for as little as R10 a day. What sets it apart? There are no credit checks, no lengthy paperwork, and users own the phone outright once they’ve completed the term. The solution is designed specifically for the millions of South Africans who are unbanked or underserved, with flexible payment plans available through the MTN MoMo App. “W…