MobileET Techabout 2 hours ago
Retailers urge end to 0% phone loans
3 min read
Smartphone retailers in India urged brands to replace zero-cost payment plans with regular interest-bearing loans. Zero-interest plans cost brands 17-19% of product price, inflating retail prices. The All India Mobile Retailers Association (AIMRA) said this would lower baseline prices and make handsets more affordable.
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