Hong Kong’s HKT Financial Services, the Fintech Arm of HKT Group, Introduces Digital Financing Platform
by Omar Faridi
Hong Kong-based HKT Financial Services, the Fintech division of the HKT Group, has launched another Fintech project, HKT Flexi, a digital or online financing platform that allows users to make payments via the HKT Flexi App.
HKT Financial Services offers mobile payments, merchant services, O2O solutions, insurance packages under the Tap & Go, HKT Merchant Services and HKT Care.
HKT Financial Services is a key part of HKT Group’s digital ecosystem, which provides an integrated and user-friendly platform to consumers and merchants. The company aims to support greater financial inclusion through a customer-centric approach.
The new HKT Flexi app allows customers to create a new account in minutes from anywhere and at any time.
Customers should first download the app, go through the quick digital onboarding process (which uses facial recognition), and then apply for an installment service plan.
After completing the application, users will be immediately notified about whether they’ve been approved. They can then look at their loan information via the app’s “My Installments” sector. They can also manage their repayments schedule through the software’s “Repayment Schedule” section.
The app sends SMS reminders each month when repayments are due. The app also comes with a loan calculator that aims to provide better transparency on monthly repayment amounts.
HKT Flexi is currently available when customers make purchases at HKT, 1O1O or csl shops. The app may be used to apply for a 1-year installment plan with a “personalized” interest rate, which may give users more flexibility with how they manage their cash flow.
The new service will be available at all outlets and online channels across HKT Group.
HKT Flexi customers will be able to get a special discount while being able to earn 1,250 club points, when they buy any smartphone, HDTV, notebook, or any other electronic device via the HKT Flexi App.
Customers may also receive a special service fee rebate if they subscribe to a csl 5G service plan. These promotional offers are valid until August 31, 2020.