NuovoPay streamlines the intricate process of mobile phone leasing
& requisition. Technology leasing companies can now empower
millions of people with access to smartphones irrespective of their
credit history.
NuovoPay is a platform that enables telecom carriers, finance
companies, and resellers to protect and safeguard their leased
devices against the EMI payment defaults. The software remotely
locks devices which are leased to the customers in the event of a
failure in EMI payments or in case devices are reported stolen. It
streamlines the intricate process of mobile phone leasing and
requisition. Users can reduce installment requisition costs and
protect their leased devices by automating the onboarding process
and payment logs and remotely invalidating device access for
defaulter devices. One can also integrate it with leading billing
system providers. The software enables its users to reduce
defaulter payments by preventing late payments with automated
payment reminders and reducing manual efforts and costs in payment
collection. The remote locking technology of NuovoPay ensures that
leasing companies have complete control over their leased tools and
devices. It also makes sure that the cost spent on recovering the
defaulter, or the stolen or lost devices are minimum.