Last Updated on: 8th January 2024, 04:30 pm
In a strategic effort to bolster support for freelancers and promote financial inclusion, the interim government of Pakistan has announced the initiation of an iPhone installment plan scheduled to commence on January 12, 2024. This initiative, in response to the demands of freelancers, seeks to empower them and streamline remittances through the widely-utilized international gateway, PayPal.
Umar Saif, the Caretaker Federal Minister for Information Technology, unveiled the government’s dedication to advancing technology infrastructure by disclosing plans for the introduction of 5G technology in July of the upcoming year. This milestone will coincide with the auction of 300 MHz of spectrum, promising a new era of high-speed connectivity for the nation.
A noteworthy breakthrough in space-related endeavors has been achieved with the Cabinet’s approval of the National Space Policy. Private sector companies are now granted access to harness low-orbit satellites, marking a significant leap forward in creating opportunities for private enterprises in space-related ventures.
Here’s how to get a Mobile Phone on Installment in Karachi
Underlining the significance of responsible financial conduct, Minister Umar Saif shared details about a collaboration with telecom stakeholders for the launch of a groundbreaking initiative on January 12, 2024. This program allows consumers to acquire the latest iPhone models through convenient installment plans.
The Pakistan Telecommunication Authority (PTA) will implement the Device Identification, Registration, and Blocking Systems (DIRBS) to block handsets in case of installment payment failure, ensuring accountability.
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Minister Saif emphasized that the overarching goal of this policy is to promote responsible financial behavior while ensuring the continuous expansion of smartphone penetration in the country. Telecom companies are poised to play a pivotal role by providing iPhones and other smartphones directly to consumers through installment plans, particularly benefiting low-income segments. This move is expected to extend the advantages of mobile broadband, fostering inclusive growth in the digital landscape of Pakistan.