Tag: device financing challenges
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Device Financing in LATAM: Securing Every Cell Phone You Finance
Device financing is changing how smartphones are sold across LATAM, from Mexico City to Buenos Aires. If you sell devices, you already know the pattern: customers walk in asking for financing options like zero-interest monthly plans(meses sin intereses) or weekly installments (abonos semanales), often without complicated credit bureau checks (buró de crédito). In 2025, LATAM’s…
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Cellphone Financing Challenges and Solutions for Fintechs
Fintechs are betting big on cellphone financing. But are they ready for the risks? For millions of individuals, the high upfront cost of a smartphone is the single biggest barrier to entering the digital economy. According to GSMA, nearly 3 billion people remain offline globally, largely because they can’t afford a device. For fintechs, this…