Samsung Electronics Philippines, in partnership with Union Bank of the Philippines, has introduced Samsung Finance+, a financing program that aims to make purchasing Galaxy devices more accessible to Filipinos.
Samsung Finance+ is an application-based financing system offering 0% interest, no processing fees, and low downpayment options. Customers can apply for loans in Samsung Experience Stores and over 1,000 partner retailers nationwide. The fully digital process, which takes about 20-30 minutes, requires only one government-issued ID for loan approval.
“Our goal is to provide the opportunity for more Filipinos to experience the Galaxy ecosystem,” said Min Su Chu, president, Samsung Electronics Philippines. “With Samsung Finance+, owning a Galaxy device is now easier, more accessible, and worry-free than ever before.”
UnionBank serves as the financing partner for Samsung Finance+.
“UnionBank is proud to partner with Samsung in making innovative technology more accessible to Filipinos through Samsung Finance+,” said Ana Aboitiz-Delgado, head of Institutional Banking, UnionBank. “Together, we are empowering more individuals to achieve their goals and stay connected in a digital-first world.”
The program includes added security through Samsung Knox Guard, which can remotely lock devices in case of theft or loss. Once approved, the Samsung Finance+ customer app is automatically installed on the new device, providing loan details and payment schedules.
The program currently supports devices such as the Galaxy A16 LTE, Galaxy Z Fold6, Galaxy Z Flip6, and the Galaxy S24 Series, with payment terms of up to 24 months. Partner dealers expect Samsung Finance+ to encourage more Filipinos to embrace Samsung’s Galaxy ecosystem, with plans to expand the platform in 2025.