Tag: mobile phone financing
-
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…
-
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…
-
Reach. Recover. Repeat. The Future of Digital Debt Collection
The omnichannel illusion is real; more channels don’t always mean more reach, especially when none are guaranteed to deliver. That’s the trap many digital debt collection strategies fall into: layering email blasts, SMS campaigns, even outbound calls, assuming something will stick. On paper, it looks airtight. Yet, repayment rates hover, right-party contacts lag, and NPLs…