Sell More Without Taking on More Risk
Installment-based smartphone sales are one of the clearest ways to grow retail revenue and reach customers who'd never buy outright. The problem has always been what comes after the sale. Once the device leaves the store, the retailer has almost no control over what happens next — and most retail teams were never set up to run a collections operation on top of everything else. With Loksiz, a missed payment has an immediate, automatic consequence. Reminders go out before the due date so late payments are often caught before they happen. Store staff can focus on selling, not chasing.
How do retailers offer financing without eating the risk?
It comes down to having the right tools in place. Device locking means a missed payment has a real, immediate consequence — not just an angry note in a file somewhere. Automated collection means store teams aren't chasing down late payments by hand, on top of everything else they're already doing.
What's Usually Working Against You
Financing devices creates new revenue opportunities — but it also introduces significant operational and repayment risks that most retail teams weren't set up to handle.
Non-payment risk
Every device sold on installment terms carries non-payment risk that cuts straight into margin — with no practical way to do anything about it once the device is out the door.
Limited recovery options
Collection calls are easy to ignore, recovery options are thin once a default is established, and there's no natural pressure on the borrower to pay — the device keeps working.
Teams not set up for collections
Asking store staff to chase payments by hand on top of their actual job doesn't work well for long — that's not what they were hired for.
No repayment enforcement
A missed payment has no immediate consequence for the borrower — that changes when enforcement is built into the device from the point of sale.
What Changes With
the Right Setup
Higher sales conversion, less financial exposure, better recovery — without adding staff to make it happen.
Higher sales conversion
More customers can buy because accessible financing brings in people who wouldn't pay outright — that's incremental revenue that doesn't exist without the financing option.
Less financial exposure
Financial exposure on financed stock stays manageable because enforcement acts automatically when payments stop — not when someone remembers to act on it.
Better recovery rates
Recovery improves without adding staff — automation handles what the team was never supposed to do manually.
Financing that grows without growing risk
The programme can scale without the risk scaling alongside it — which is what makes the economics work at volume.
Built for Retail Financing Operations
Four things working together so store teams don't have to do it manually — enforcement, reminders, tracking, and POS integration in one place.
Device locking enforcement
Device locking tied to payment status — enforcement happens automatically, not when someone remembers to chase it.
Automated reminders
Automated reminder sequences that reduce late payments before they happen — no manual follow-up needed from store staff.
Real-time payment tracking
Real-time payment tracking integrated with existing sales systems — not a batch file from last night.
POS integrations
API integration compatible with point-of-sale platforms already in use — no ripping out what works. The Android SDK also allows enrollment at the shop floor without a full API build on day one.
Where It Fits
If a device leaves your hands before it's fully paid for, this is built for that situation — across retail financing models and distribution programmes.
In-Store Smartphone Financing
Installment-based financing offered directly from retail outlets — with enforcement and collections handled automatically, not by store staff.
Distributor Financing Programs
Distributor-led financing programmes with automated repayment controls — scale the programme without scaling the risk team.
Installment-Based Handset Sales
More customers who can buy, less risk on the ones who don't pay — device locking as a backstop means downside on approved applications is contained.
Boost Sales with Secure Financing
Offer installment-based device financing, reduce financial exposure, and improve collections — without your team spending their day chasing late payments.