SLT-Mobitel becomes first telco to partner with KOKO, offering flexible payment plans for devices

Koko Regional Chief Executive Officer Michael Sathasivam and Mobitel Chief Operating Officer Sudharshana Geeganage exchanged the MoU in the presence of (from left): Mobitel Senior General Manager – Product Marketing and eChanelling Chief Commercial Officer Isuru Dissanyake, Mobitel Chief Legal Officer Namal Rathnayake, SLT-Mobitel Chief Officer – Supply Chain Management Jeewapadma Sandagomi and Chief Marketing Officer Prabhath Dahanayake. Representing Koko were (from left): Koko Head Dinuki Lakna Karunatilake, Manager – Commercial Dharani Sumanasekara, Key Account Manager Ahmed Mohamed Asmath and Head of Marketing Nirodhan Segar 

SLT-Mobitel, in an exciting new partnership, has become the first telco to join forces with Koko, the country’s pioneering Buy Now, Pay Later (BNPL) provider, to offer flexible payment solutions for 4G and 5G-ready devices and connectivity products.

As the first telecommunications provider to integrate Buy Now Pay Later (BNPL) solutions, SLT-Mobitel strengthens its position as an industry innovator committed to customer-centric solutions. The partnership also showcases the company’s understanding of evolving consumer preferences, agility in adapting to market demands, commitment to delivering exceptional value for money for all Sri Lankans, and prioritising affordability without compromising quality.

The initiative aligns with SLT-Mobitel’s national digital transformation goals, ensuring that financial constraints do not limit access to cutting-edge technology. Offering devices through affordable monthly payments, the partnership contributes to building a more connected and digitally inclusive society. The collaboration also supports SLT-Mobitel’s broader strategy of accelerating 5G adoption and delivering affordable advanced technology for everyone in Sri Lanka.

Breaking barriers to mobile technology access, the partnership addresses a critical market need, enabling customers to connect and experience the latest smartphones, mobile routers, and connectivity devices through manageable instalment plans.

With flexible payment solutions becoming increasingly important for digital commerce and technology adoption, the partnership will particularly benefit young professionals, students, and tech enthusiasts who seek premium technology but prefer flexible payment options over large upfront investments, suiting a range of budgets and no financial strain.

With Koko’s flexible payment platform, customers can now purchase high-end devices starting from as low as Rs. 3,866 per month, split into three easy instalments.

The range includes top-tier smartphones such as the Samsung Galaxy F16 5G 6+128GB, Samsung A06 4+64GB, Realme Note 60 4GB, 128GB, and Redmi A5 4+128. High-performance devices comprise the HMD Crest 5G 6+128GB and HONOR X5b 4GB+64GB. Connectivity solutions consist of the 4G Mobile Router and 4G the Wingle.

These devices may be purchased through customer debit and credit cards and bank accounts with Koko’s advanced payment platform that integrates seamlessly with customers’ existing financial infrastructure. The intuitive account management system helps customers to track payments, manage instalments, and monitor their purchase history through a user-friendly interface.

Customers can purchase the devices and avail of the Koko instalment options at all SLT-Mobitel retail outlets, authorised dealers, and the company’s digital channels.