Telefónica launches Movistar Money in Spain

Movistar Money is a system of loans for the company's customers which offers users up to 3,000 euros

The Movistar Money offer will be available from April 10 for those who hold a contract with Movistar. Last year, this service was available to a small group of clients of the company as a pilot project and now is presented to all users.

Through an online process and without the need of any  document, the Telefónica customers can request from 1,000 to 3,000 euros that can be financed in a period of 24, 36 or 42 months with their respective fees.

The client must not change the bank or domicile the payroll, since in approximately 48 hours maximum the loan will be deposited in the account of the applicant.

Emilio Gayo, president of Telefónica Spain, states: “The Movistar Money service is part of the company’s strategy to provide new digital services to customers that add value and make life easier, and at the same time help us to advance in the diversification and growth of the revenues taking advantage of our big clients database.”

L.Sáenz

Source: El Mundo

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