Because of the easy EMIs availability, customers can buy a better version of the smartphones they want. They can afford to expand their budget and invest in a smartphone from a higher price band of their choice because there is no pressure to pay the entire amount upfront.
Retailers will have more opportunities to expand their customer base and increase sales. Additionally, more people would visit their stores. The retailer has complete control over the phone until the full amount is paid.
Retailers, don't have to worry about your emi recovery because we offer a complete business security solution for you with our most trusted finance locker. Nobody would be able to unfairly benefit from the financiers.
EMI Lock is a feature that allows a merchant or retailer to remotely lock a customer's phone when an EMI payment fails. If a customer purchases a phone on EMI and then fails to pay the balance due on time, then the merchant/retailer has control to remotely lock the customer's phone through the portal.
EMI Unlock is just the opposite of EMI lock where the merchant/retailer has power to unlock a customer’s locked phone upon customer’s successful payment of due EMI.
EMI remove allows a retailer to remove the app from the customer's phone upon completing all EMI payments.