Samsung has come up with a new model for its users who can now rent their smartphones instead of owning one. While the model might seem counterproductive, Samsung introduced this model to combat rising smartphone prices and provide more accessibility options to those who don’t own a phone.

The traditional buy-and-own model has left many to not own a Samsung phone because of the rising costs of living. The rental model allows users to use their high-end smartphones through subscriptions and regular, small payments instead of direct sales. The difference between this and taking out a loan is that you don’t have to pay a large interest, and the entire financing is directly done between you and Samsung.

In this blog, we are going to look at who stands to benefit from this rental model of Samsung and assess some of its benefits.

Gamers Would Love This

With Samsung’s rental program, mobile gamers can own the latest smartphones optimized for gaming without the need to pay a big price upfront. This is especially appealing to fans of online pokies, who value smooth gameplay and high-quality graphics, both of which Samsung’s AI-enhanced devices deliver. But why are the graphics so important for those who play slot games on smartphones?

Slot games on smartphones come with a distinctive feature that makes it preferable; the graphics. Some of the most popular Australian online pokies proved to be attractive to Australian customers not because they were another offer among others, but because they were designed meticulously to ensure eye-pleasing graphics and high quality. On the other hand, Samsung is known for making some of the best high-end devices with high-resolution displays and smooth operations.

Players who often game on their phones and play slots need a device without lag and fully enjoy the thrill of spinning reels and bonus rounds. Although modern gambling offers, including pokies and other variations, have built-in smoothness for the best experience, the capabilities of the device still matter.

Samsung’s AI smartphones are just built for that, and with features like an advanced cooling system, players can enjoy long gaming sessions without fear of overheating. This means gamers who are looking for all these features need a smartphone without breaking the bank. With this new financing option, we can see more gamers buying a Samsung phone without any heavy upfront investment.

Professionals Can Stay Equipped Without Breaking The Bank

Samsung also excels in providing many productivity and quality-of-life apps that are used by professionals such as Samsung Notes and DeX. In this case, a Samsung phone is more of a necessity than a luxury. Professionals such as freelancers, remote workers, and entrepreneurs can stand to benefit the most from this model by regularly upgrading to the latest model without paying a huge cost for a new phone every time.

They can just use the phone when they need to, and when they need a new phone, they can quickly switch their plans without physically reselling them. Since smartphone prices have been seeing a rise of 3% in 2024, the option to rent them can be a huge cost saver for professionals who do not wish to empty their bank for new technology.

Budget-conscious consumers Get Premium Access

With over 4.69 billion individuals with a smartphone by 2024, a huge chunk of them are budget-conscious and own budget-friendly phones that come with fewer features. This combined with the rising costs of living and smartphones can prevent them from getting their hands on a premium phone.

The average cost of a smartphone is $286, and this new rental model can make sure more people own a Samsung phone without exceeding their budget. They can allocate a part of their budget every month towards phone payments and still enjoy the many benefits that Samsung has to offer.

Tech Enthusiasts Who Crave The Latest Innovations

Since Samsung is a premium brand that rolls out new innovations, some tech enthusiasts might find it difficult to try out their new phones. The new rental model of Samsung can bridge this gap and allow tech enthusiasts to try the new model. This means they can test the features and use it for a month while only paying a small portion out of their wallet.

The rental program also allows early access to flagship devices, allowing users to experience features like foldable screens, enhanced battery efficiency, better resolution, high-end cameras, and AI-driven optimization tools. The average replacement cycle of a smartphone is about 2.54 years, so instead of waiting that long to replace a phone, users can pay a small installment and quickly switch.

With this rental model, Samsung is bringing another revolution in the smartphone industry in terms of accessibility and technology. Many categories of people seem to benefit from this model, and with continued use, we can see other smartphone companies copying this model to serve more people.