NuovoPay
Device financing software that locks phones when EMIs go unpaid
Launched yesterdaynuovopay.com
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About NuovoPay
Lenders and retailers who sell smartphones on installment plans use NuovoPay to manage the risk. Its leasing software ties a financed handset to repayment, so a missed EMI can restrict the device until the customer pays. The aim is fewer defaults and more predictable collections for fintech startups and device-financing providers, especially in markets where credit histories are thin. It is a niche payments product more than general accounting software.
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