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Samsung announces strategic collaboration with Kredivo

04 March 2021 20:38

JAKARTA - Samsung Electronics Co. Ltd., a leading global consumer electronics company, announced its strategic collaboration with Kredivo, Indonesia's leading digital financing platform. Through this collaboration, Kredivo is now an official and exclusive partner in Indonesia for Samsung Financing, an instant credit solution for Samsung managed by Kredivo, which makes it easier for consumers to buy their favorite Samsung products using the installment method.

Miranda Warokka, IT & Mobile Marketing Director at Samsung Electronics, Indonesia said, “We are very pleased to partner with Kredivo for our Samsung Financing solution. This collaboration provides a fast, simple and inexpensive financing solution for our users in Indonesia, which is only 2.35% per month without down payment. We hope that this collaboration can increase sales of Samsung devices by providing customers with a more convenient payment method. In the long term, we will continue to work closely with Kredivo in Southeast Asia to provide the most innovative services and financing offerings to all of our customers."

As an exclusive partner, Kredivo will support and manage Samsung Financing in Indonesia. This is made possible by Kredivo's nearly 5 years of experience as a pioneer of paylater solutions in the Indonesian market, through a combination of strong risk management, innovative credit scoring, and broad market reach.

Through instant registration, which is similar to the Kredivo app, new users can register for Samsung Financing by downloading the Samsung Financing app on the Google Play Store. Old Kredivo users can also log in directly to the Samsung Financing application without registering first. Consumers can also shop for their favorite Samsung products at various Samsung offline retail stores, and later this service will be available at official Samsung Indonesia e-Commerce stores using the Samsung Financing credit limit. All users can apply for a 30-day interest-free paylater payment or 3, 6 or 12 month installments with an exclusive interest of 2.35% per month when using Samsung Financing. (LM)

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