Abans and Fintrex Finance launch easy smartphone payment plans

Friday, 2 May 2025 00:02 - - {{hitsCtrl.values.hits}}

Abans, Sri Lanka’s leading provider of easy payment plans, has now introduced Snap Pay through a partnership with Fintrex Finance, a progressive financial services provider in the country.

This newest, most flexible payment solution, Snap-Pay designed to reshape the way consumers purchase mobile devices. Launched in parallel with the well-established Abans Tiken-Tika Pay easy payment plans, Snap-Pay is bound to reshape affordability, accessibility, and convenience for customers across Sri Lanka.

Abans has always grounded itself in the core belief of building strong relationships with its customers. With a history of over 50 years, the company has made a name for itself by not only offering high-quality household appliances and products, but also by delivering world’s best brands to its consumers at the best prices.

All smartphones available at Abans under Snap-Pay are TRCSL (Telecommunication Regulatory Commission of Sri Lanka) approved, ensuring product quality and compliance. Popular and trusted brands such as Motorola, Oppo, Vivo, Realme, Infinix, Itel, and Tecno are available under the scheme.

Snap-Pay removes the traditional barriers of credit card requirements and rigid instalment structures for consumers when purchasing smartphones. Accordingly, customers can now walk into any Abans or Abans Elite showroom and walk out with a brand-new smartphone, making only a 30% down payment, and spreading the remaining 70% over up to 24 months – with the flexibility to choose the plan that fits their budget.

Unlike typical hire purchase plans, Snap-Pay is treated as a cash sale, giving customers greater flexibility with minimal documentation; just a National Identity Card (NIC) for the customer and guarantor is adequate to make the purchase.

Snap-Pay payments can be made via eZ Cash, Abans Bill Collection Centres and selected Online Banking Apps. Furthermore, in order to ensure responsible repayments, Snap-Pay has integrated a smart feature where if payment is not made after three reminders, the phone will be automatically locked, helping to protect all parties involved.

Snap-Pay offers a winning solution for all customers. It simplifies the sales process by being treated as a cash or credit sale, targets low-risk customers, and enables high-end product upselling. Leveraging the established customer base of Abans and immense brand trust, Snap-Pay positions itself as a competitive and customer-focused financing option in the smartphone market.

With Snap-Pay, consumers can now finance their dream smartphone without the burden of traditional credit systems and connect with the world with no boundaries standing in the way, with the ultimate smartphone provider in Sri Lanka, Abans.

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