MTS has launched the Flex service to pay for purchases without commission and overpayments in equal payments from a card of any Russian bank, according to the company. mts buy now pay later

Flex is an ecosystem BNPL service (buy now, pay later) that allows you to stretch the purchase payment into several parts. The limit is automatically renewed as payments are made and is available for repeated purchases of goods and services. The initial payment will be 25% of the purchase price, and the remainder will be debited in equal installments every two weeks from the selected card of any Russian bank.

Now users can stretch the payment using Flex when shopping in the MTS Travel service, on the MTS insurance marketplace All Insurance, and on the Ticketland MTS ticket window. In the near future, the ability to pay with Flex will be available in the MTS online store and on all storefronts where MTS Pay is available.

The second stage will make it possible for users to stretch the payment in all offline stores when paying using a QR code. There are also plans to develop the service to provide users with the opportunity to stretch the payment not only into four parts but also to choose a longer period. mts buy now pay later

PJSC Mobile TeleSystems, together with its subsidiaries, serves about 100 million cellular subscribers. The authorized capital of MTS is 199.84 million rubles (1998381575 outstanding ordinary registered shares).

MTS profit for 2023 increased by 67.5%, to 54.6 billion rubles, from 32.6 billion rubles a year earlier. Revenue increased by 13.5%, to 606 billion rubles, from 534.1 billion rubles, and adjusted OIBDA – by 6.4%, to 234.2 billion rubles, from 220.1 billion rubles.