Know Where Every Financed
Device Actually Stands
Once a financed phone leaves the counter, most lenders have no reliable way to confirm it's still with the person who borrowed it. Loksiz gives you real-time visibility and the ability to act on it instantly.
Ownership change detected the moment it happens — not weeks later when a payment is missed.
Confirmed flag triggers lock automatically. No support ticket, no waiting.
Every action on every device logged. Defensible record available immediately.
The Device Is Supposed to Be
Your Collateral. Most Lenders
Can't Actually See It.
When you finance a smartphone, the device itself is meant to be your security. In practice, once it walks out the door, most companies have no reliable way to confirm it's still with the person who financed it, still working the way it's supposed to, or even still in the country.
Devices get resold on the grey market, SIM-swapped onto someone else's plan, or quietly passed between family members, and none of it shows up until a payment is missed — by which point there's not much left to do about it.
Without real visibility at the device level, "collateral" ends up being little more than a word in a loan agreement.
Five Steps to Keeping Every Device Accountable
The device doesn't stop being your business's problem the moment it's sold — this is how you keep track of it after that.
Device Enrollment at Sale
Every financed handset is registered into the platform the moment it's sold, tied directly to the loan record.
Continuous Health Checks
The system checks in with each device regularly, confirming it's active, still on the network, and unmodified.
Anomaly Detection
SIM swaps, factory resets, or attempts to remove the app get flagged the moment they happen, not weeks later.
Instant Lock on a Confirmed Flag
Genuine issues trigger a remote lock right away, without waiting on a support ticket to get picked up.
A Full Audit Trail
Every action on every device gets logged, so you have a defensible record if a dispute ever comes up.
What Real Device-Level Control Gets You
This isn't just peace of mind — it changes what the device actually means as collateral.
Real Collateral, Not Just Paperwork
The device becomes something you can actually enforce, not just a line item in a contract.
Resale Cut Off Early
A locked device is worth nothing to a grey-market buyer, which kills the incentive to flip it in the first place.
Faster Fraud Response
Minutes to lock a flagged device instead of days spent investigating what happened.
A Cleaner Audit Trail
A documented history for every device — useful when regulators, auditors, or a dispute come knocking.
We'd financed almost 40,000 handsets before we had any real way of knowing what happened to them after the sale. Now every device reports back on its own, and the ones that go quiet get flagged before we've even noticed a missed payment.
Who This Is For
For anyone whose collateral is a device sitting in someone else's pocket.
Telecom Operators
Keep subsidized handsets tied to the plan they were actually sold with.
NBFCs & Lenders
Turn every financed device into collateral you can actually act on, not just reference in a contract.
Fintech Companies
Add device-level enforcement to your lending stack without having to build it yourselves.
Retailers & Distributors
Know if a phone's been quietly resold long before the first EMI is even due.
Frequently Asked Questions
Straight answers to the questions that come up most.
Ready to Actually Know What Happens to Your Devices?
We'll help you turn every financed handset into collateral you can see, verify, and act on — not just a line in a contract you hope holds up.