WeLab and Apple Authorized Resellers Launch “Subscribe+ for Apple Products”

Key options of the Subscribe+ for Apple Merchandise program:

  • Assured trade-in possibility upon finish of time period
  • Deduct trade-in worth upfront, making month-to-month funds as little as $58/ month[3] for a ten.2-inch iPad (64 GB storage), with no hidden charges and different upfront prices
  • Beginning with 0% rate of interest[4]
  • Clients can proceed to take pleasure in low month-to-month funds in future machine upgrades

The launch of WeLab Pay is our progressive adaptation of the favored subscription mannequin, powered by WeLab’s expertise tailor-made for buyer preferences. In Hong Kong, customers at all times search for extra clear and higher cost choices that meet their spending wants. With the launch of Subscribe+ for Apple Merchandise in Hong Kong, WeLab presents clients, notably the brand new era of — Gen Zers and Millennials — with a game-changing means of buying Apple merchandise with extra flexibility in spending. Essentially the most distinctive a part of this program is the progressive mechanism – by first deducting the excessive trade-in worth of Apple Merchandise[5], earlier than calculating the month-to-month funds, this delivers nice worth and making low month-to-month funds potential for purchasers. The trade-in worth of the machine will be carried ahead for future Apple upgrades, successfully making a perpetual low cost to the machine record worth for as long as they continue to be clients of this program!” stated Simon Loong, the Founder and Group CEO of WeLab.

“FORTRESS is dedicated to offering progressive O+O procuring expertise to satisfy clients’ wants and keep up-to-date with their existence and procuring behaviors. We’re delighted to strengthen our partnership with WeLab, providing this first-to-market Subscribe+ for Apple Merchandise program to our clients with a versatile and seamless integration of O+O procuring and cost expertise. Clients can go to our FORTRESS shops and eShop to convey their favourite Apple merchandise again dwelling, faculty or workplace by signing up this plan to take pleasure in nice comfort and cost flexibility. On the finish of the plan interval, clients can return their machine to FORTRESS and renew with the newest fashions, or preserve their machine by paying the trade-in worth,” stated Clarice Au, Managing Director of FORTRESS.

Signing up for the Subscribe+ for Apple Merchandise on-line is fast and simple, by way of the WeLab Pay platform and can solely take round 5 minutes at some extent of sale. Clients can design their plans in keeping with their wants and accepted spending credit score. For iPhone and Apple Watch, WeLab presents a subscription interval of 24 months. For iPad and Mac, the subscription interval is 36 months. On the finish of the subscription interval, clients can both renew this system and improve to a more moderen mannequin by merely trading-in the machine; preserve their gadgets by paying off the trade-in worth and the final month-to-month cost quantity; or just return their gadgets to the collaborating licensed Apple resellers with the trade-in worth.

Please discuss with the official web site for extra particulars and T&C’s – https://subscribe-plus-for-apple-products.welend.hk/en/.

About WeLab

WeLab, a number one fintech firm in Asia, operates one of many first licensed digital banks in Asia – WeLab Financial institution, in addition to a number of on-line monetary companies with main positions in Hong Kong, Mainland China, and Indonesia, with near 50 million particular person customers and over 700 enterprise clients. WeLab makes use of game-changing expertise to assist clients entry credit score, get monetary savings, and luxuriate in their monetary journey.

Powered by proprietary threat administration expertise, patented privateness computing methods, and superior AI capabilities, WeLab presents mobile-based shopper financing options and digital banking companies to retail people and expertise options to enterprise clients.

WeLab operates in three markets underneath seven key manufacturers, together with WeLend, and WeLab Financial institution in Hong Kong, WeLab Digital, Taoxinji, Pockets Gugu, and Tianmian Tech in Mainland China and Maucash in Indonesia.

WeLab is backed by probably the most famend buyers together with Allianz, China Development Financial institution Worldwide, Worldwide Finance Company (a member of the World Financial institution Group), Malaysian sovereign wealth fund Khazanah Nasional Berhad, CK Hutchison’s TOM Group, and Sequoia Capital.

To study extra, please go to: www.welab.co, or comply with WeLab on LinkedIn and Fb.

For media enquiries:

Communications Group
E-mail: [email protected]

[1] The official title of WeLab Pay platform is “WeLab Pay powered by WeLend”.

[2] The “Subscribe+ for Apple Merchandise” program might be rolled out throughout FORTRESS shops progressively, beginning with 22 designated shops within the first section.

[3] For buy of a ten.2-inch (64GB storage) iPad with the retail worth of HK$2,599.

[4] Precise month-to-month cost is topic to the curiosity that could be payable underneath this system relying in your credit score rating.

[5] Eligibility of trade-in and the trade-in worth will range relying on precise situation and the extent of injury to the machine(s).


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