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HomeBanking & FinanceRichard Pieris Finance Launches Device Financing Solution for Samsung Smartphones

Richard Pieris Finance Launches Device Financing Solution for Samsung Smartphones

Richard Pieris Finance Limited (RPFL) has expanded its consumer financing portfolio with the launch of a new device financing solution for Samsung smartphones through authorized mobile dealers of John Keells Office Automation, enabling customers to access premium mobile devices through affordable and flexible instalment plans.

The initiative, introduced under the Samsung Exclusive Easy Pay programme, is powered through strategic partnerships with John Keells Office Automation (JKOA), Helios P2P, and Richard Pieris Finance, combining financial strength, distribution reach, and fintech-driven innovation to deliver a seamless and accessible purchasing experience for customers across the island.

The programme offers flexible repayment options of up to 12 months, with instalment plans starting from lowest such as Rs. 3,519 per month, making high-quality Samsung devices more attainable for a wider segment of consumers. With a lowest initial down payment requirement, the solution is designed to remove traditional barriers to financing and enhance accessibility through Fintech innovation.

A key feature of the Samsung Exclusive Easy Pay programme is its fully digital and customer-friendly application process. Customers can complete the loan application online from the comfort of their homes, with minimal documentation and quick approvals. Once approved, customers are required to visit the outlet only once to make the initial payment and collect their device, ensuring a streamlined and time-efficient experience.

Devices purchased under the programme are TRCSL-approved genuine Samsung products, supported by company-backed warranties and a free screen replacement offer for up to two years, providing additional value and peace of mind. The programme is available through authorised Samsung dealers, with the initial rollout taking place with selected Samsung dealers in the Western region, ahead of a broader expansion across the island.

Customers are also provided with multiple repayment options, including online bank transfers as well as payments through RPFL’s islandwide branch network, further enhancing convenience and flexibility.

CEO of Richard Pieris Finance, Lohika Fonseka, noted: “This partnership reflects our continued commitment to delivering practical, customer-centric financial solutions that align with evolving consumer needs. By introducing a simple and accessible device financing model, we are enabling greater access to essential digital tools while maintaining the speed, transparency, and reliability that our customers expect from us. It also marks an important step in supporting digital inclusion by making modern technology more accessible to a broader segment of Sri Lankan consumers.”

Commenting on the partnership, CEO of Helios P2P, Nuzhi Meyen, stated: “This collaboration marks a significant step forward in redefining how Sri Lankans access essential technology through inclusive financial solutions. By partnering with Richard Pieris Finance, we are combining strong financial expertise with Helios’ fintech-driven platform to deliver a seamless and accessible installment experience. Our focus has always been on breaking down traditional barriers to financing, and this initiative enables more individuals to access premium devices without the constraints of upfront costs, guarantors, or complex processes. Together with our partners, we are not just offering a payment solution, we are empowering digital inclusion, expanding access to innovation, and supporting the everyday aspirations of Sri Lankan consumers in an increasingly connected world.”

Speaking on the partnership, Prasanna Weerakoon – Head of Mobiles from John Keells Office Automation stated: “At JKOA, our focus has always been on enhancing accessibility to world-class technology through our strong islandwide distribution network. This collaboration with Richard Pieris Finance Limited and Helios P2P enables us to bridge the gap between aspiration and affordability, allowing more customers to experience the latest Samsung innovations with greater ease. We believe this initiative will further strengthen customer engagement across our sales channels while supporting the broader objective of digital inclusion in Sri Lanka.”

With the signing of the Memorandum of Understanding (MOU) between the partners, the initiative marks a significant step in advancing digital inclusion and consumer accessibility, supporting the growing demand for smart devices in an increasingly connected environment.

Richard Pieris Finance Limited is a proud member of the Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, whose business interests span sectors such as retail, manufacturing, plantations, financial services, and insurance. The Group’s financial services arm includes Arpico Insurance Limited and Richard Pieris Finance Limited, reflecting a shared commitment to financial inclusion, customer confidence, and sustainable growth.

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