Device Financing

Image sourced from the Digital Frontiers Institute. In a dynamic world driven by innovation and automation, every sector, whether industrial or not relies heavily on the latest technologies. Smartphones are amongst the popular mobile devices that everyone wants to own. The incessant demand for buying smartphones and other mobile devices has given rise to propositions such as device financing. Device financing allows users to spread out their payment for the purchase of smartphones and other devices into smaller fragments that can be paid over a fixed duration. This makes it possible for users to buy the latest devices despite their high costs without burning a hole in their pockets. Who are device financers? Original Equipment Manufacturers (OEMs) or device resellers are generally those wh...