Samsung Electronics Philippines, in collaboration with Union Bank of the Philippines, launched Samsung Finance+, a financing program that will allow its customers to purchase its products with 0% interest rate, which will only require one valid, government-issued I.D.
“It’s a lowered downpayment, a lowered interest rate. It’s an ongoing promotion for everyone who wants to avail of the Samsung devices,” Samsung Philippines president Min Su Chu told the press during its launch event on December 12 at the Peninsula Manila Hotel in Makati City.
Aside from the low interest rate, customers who plan on buying a Samsung Galaxy device can get as low as 0% downpayment with no processing fees and pay their loan up to 24 months.
The Samsung Philippines president shared that they started with 25 stores last year, when it launched. Today, they plan on reaching more for Filipinos to have access to the program.
Furthermore, Ana Aboitiz-Delgado, the Institutional Banking Head of UnionBank, said that they are “proud” to have teamed up with Samsung in giving Filipinos access to this financing program.
Customers may now avail the latest Samsung Galaxy devices such as Galaxy A16 LTE and 5G, Galaxy Z Fold6 and Galaxy Z Flip6, and the Galaxy S24 Series via the loaning program.
The loan application is now available in 1,000 retailer partners of Samsung all over the Philippines.
Samsung partners with UnionBank to launch Samsung Finance+
