Tag: device financing solutions
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Device Financing in Nigeria: Managing Risk When Customers Go Offline
Device financing in Nigeria is expanding rapidly, driven by rising smartphone demand across urban, semi-urban, and rural markets. However, consistent internet access remains uneven. Data affordability, network variability, and geographic coverage gaps mean that a significant share of smartphone users are only intermittently connected. Industry estimates suggest that nearly 40 million people in Nigeria remain…
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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…
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30+ Brands. 500M Users. One Platform That Changes Everything
Africa is undergoing a mobile revolution: 500 million smartphone users, 30+ active brands, and new devices entering the market every quarter. It’s one of the most dynamic mobile economies, reshaping both distribution and device financing models across the continent. For retailers and lenders, this growth is a launchpad. But for many, it’s not. Why? Because…
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How Datacultr’s Device Lock Encourages Regular Payments for Device Financing in South Africa
Home Device financing in South Africa is a lifeline for millions striving to participate in the digital economy. However, market challenges like limited access to credit and high device costs make smartphone ownership a hassle. Datacultr is playing a major role in overcoming this challenge of affordability by making device financing secure and accessible across…