To address the issue of cash cruch due to demonetization of Rs.1000 and Rs.500 notes, Lenovo has partnered with Paytm to ensure a hassle-free cashless transaction that will benefit laptop buyers who are unable to pay in cash.
This arrangement with Paytm will also prove beneficial to Lenovo’s channel partners as they can start accepting digital payments from consumers by enrolling with Paytm as merchants. Consumers can be at ease as they can go cashless with their Paytm wallets. This initiative is currently getting rolled out in 40 cities covering 350 top Retail partners of Lenovo.
In addition to this, Lenovo has introduced special zero interest EMI option which will allow consumers to purchase any Lenovo laptop with zero down payment at the time of purchase.
Announcing this initiative, Rajesh Thadani, Head & Executive Director – Consumer, Online and E-commerce, Lenovo India said “We have designed these schemes specially for our consumers and channel partners so that they can have a convenient and comfortable buying experience. By offering multiple payment options, we are offering more choice to both our consumers and partners.”
Lenovo has also collaborated with Pine Labs to allow smooth conversion of transactions to EMI. Through the technology provided by Pine Labs, consumers can convert their credit card transactions to EMI at the Point Of Sale (POS).
Lenovo’s entire notebook portfolio is covered under the above mentioned initiatives. The Zero down payment scheme is valid till November 30th, 2016.