Beeline and VTB Bank (Armenia) launch joint product

VTB Bank (Armenia) and Beeline have launched a joint product – sale of smartphones without additional rates and commission fees.

The smartphones are sold by instalments together with Smart (from AMD 2500 to AMD 7500) postpaid tariff plan at Beeline sale and service offices. The smartphone prices begin from AMD 100,000.

The product will start operating as soon as next week and the buyers will be able to make payments at Beeline offices, ATMs, banks, and online.

“This joint product with Beeline is revolutionary for the Armenian market and is aimed at satisfying customers’ needs fully. It allows our clients to get the product they want now and pay for it by a convenient schedule, without additional rates and fees of traditional on-credit purchase,” said VTB Bank (Armenia) General Director-Chairman of Directorate Yuri Gusev.

“The new product gives our subscribers an exclusive opportunity to buy smartphone and pay for the services instead of paying the rates. Beeline continues ensuring convenience and simplicity of services for our subscribers, while trying to make them more accessible; for instance, if the subscriber purchases iPhone 7 by installment with 24-month term, they will pay 22,000 each month and receive the services of Smart 5500 tariff package,” said Beeline Armenia CEO Andrey Pyatakhin.

The decision on sale of smartphones is made on the conditions of VTB Bank (Armenia) and Beeline in the latter’s offices, and the buyers need to bring their passports and social cards. The buyers must be 21y.o. and older at the moment of purchase and shouldn’t be older than 65 by the moment of the last installment.