Pay-By-The-Hour Computer Financing
Microsoft wants you to own a computer. So much, in fact, that it is willing to let you pay for one by the hour.
Through its FlexGo plan, consumers can pay for half of a PC up front, then pay for usage by the hour. After several hundred hours, the consumer owns the PC. Such a plan allows consumers -- particularly those in developing countries -- to tailor their payments to what they can afford at the moment.
Such pay-as-you-go plans are becoming more prevalent as a way to make technology more affordable, much as easy credit did in the early 20th century... but hopefully without overwhelming consumers with debt.
Source: Springwise
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