In a major boost to Pakistan’s digital transformation, PTCL Group (PTCL & Ufone 4G) has partnered with TPL Insurance to introduce an innovative financial guarantee framework that enables easy and secure device financing for enterprises of all sizes. This collaboration is designed to drive the adoption of digital tools, handheld devices, and IoT equipment across diverse industries in Pakistan—without the usual burden of upfront capital investment.
This game-changing initiative enhances PTCL Group’s Device-as-a-Service portfolio by adding a unique credit risk mitigation solution powered by TPL Insurance. The result? Businesses, from startups to large-scale enterprises, can now access cutting-edge devices—including flagship smartphones, tablets, customized handhelds, IoT modules, and networking equipment—on flexible payment plans backed by financial security.
Through this strategic alliance, PTCL Group reinforces its mission to provide secure, scalable, and sustainable digital solutions that cater to Pakistan’s evolving business needs. The framework also marks a significant milestone in promoting financial inclusion by empowering businesses with access to technology, without the financial strain of heavy initial investments.
Asif Ahmed, Group Chief Business Solution Officer, PTCL & Ufone 4G, said, “This collaboration reflects our commitment to building strong, future-ready partnerships that support business growth across Pakistan. We look forward to working closely with TPL Insurance to explore more strategic initiatives that enable greater access to technology and financial inclusion.”
Commenting on the partnership, Muhammad Aminuddin, CEO of TPL Insurance, stated, “We are pleased to partner with PTCL Group in introducing innovative financing solutions for businesses. This marks the beginning of a broader relationship, and we are confident that together we can unlock more opportunities that support digital and economic advancement.”
This forward-thinking initiative aligns with PTCL Group’s broader strategy to empower enterprises, boost digital innovation, and contribute to Pakistan’s economic growth through seamless access to modern technology.