NuovoPay enables Telecom Carriers, Resellers & Finance companies to protect their leased devices against EMI payment defaults. it's mobile locking technology remotely locks the devices that are leased to the consumers in the event of a failure in EMI payments or if the devices are reported stolen. This ensures reduced collection costs and timely EMI payments.
Nuovopay is on a mission to build a technology platform that will enable people across the world to have easy access to consumer finance & hardware such as smartphones, irrespective of credit history. Today, millions of people across the world lack sufficient funds to purchase a smartphone, closing the doors of progress, empowerment, and development that could be facilitated by the use of technology. Millions of these do not have a bank account, let alone a credit history to apply for financial assistance to obtain a smartphone.
With our technology platform, millions can apply for a financing plan to get a smartphone, paving the way for a promising future.
NuovoPay, with its proprietary device locking software, enables device leasing companies- financial institutions and carriers to protect their leased devices against nonpayment. NuovoPay’s non-intrusive software sits on the leased mobile devices and can be used to flash payment reminders on device screens and block access to the device when a payment is missed. When the end-user completes the pending payment, the... Source: about 2 years ago
NuovoPay wants to empower technology finance companies, resellers and telecom carriers to build a sustainable device leasing model. Source: about 2 years ago
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